AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019 Updated On Fri, May 1st, 2020 by Saurenergy AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […] Read more
Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF Updated On Thu, Apr 30th, 2020 by Saurenergy According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […] Read more
Offshore Wind Energy Major Ørsted Posts Strong Q1 Numbers Updated On Thu, Apr 30th, 2020 by Saurenergy Ørsted has released its interim report for Q1 2020, reporting an operating profit of DKK 6.8 billion up 33 percent over the same quarter last year. Global offshore wind energy leader, Ørsted has released its interim report for the first quarter (Q1) of 2020. The firm has reported an operating profit (EBITDA) of DKK 6.8 […] Read more
Wpd Enters 600 MW Offshore Wind JV to bid in Taiwanese Tender Updated On Wed, Apr 29th, 2020 by Saurenergy wpd has formed a JV with Taiwanese LeaLea Group, to develop a 600 MW offshore wind farm which is expected to be part of the third tender round in Taiwan. With several contracts, wpd is strengthening its presence and activities in Taiwan and intensifying its focus on this emerging energy market. Ahead of future tender […] Read more
Ørsted and Nestlé Sign15-Year Offshore Wind PPA Updated On Tue, Apr 28th, 2020 by Saurenergy Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm. Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […] Read more
Dominion Energy Remains on Schedule to Build 2.6 GW Offshore Wind Project Updated On Tue, Apr 28th, 2020 by Saurenergy Dominion Energy and its contractors remain on track to ensure that the 2.6 GW Coastal Virginia Offshore Wind project remains on schedule Dominion Energy has issued a notification claiming that it along with its contractors remains on track to ensure that the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project remains on schedule to become an economic […] Read more
SECI Reschedules Pre-Bid Meet for 2 GW Wind Projects Tender for April 30 Updated On Fri, Apr 24th, 2020 by Saurenergy In line with the Central Government’s directive to follow social distancing norms amid Covid-19 crisis, state-owned Solar Energy Corporation of India (SECI) on Friday intimated that it has rescheduled the pre-bid meeting for 2 GW wind projects tender to April 30, 2020, from the earlier scheduled date of April 08, 2020. The nodal agency had […] Read more
RWE Renewables Closes Financing for 151 MW Wind Project Updated On Thu, Apr 23rd, 2020 by Saurenergy RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […] Read more
IEA Finalises $65 Mn Construction Contract for 150 MW Wind Project Updated On Fri, Apr 17th, 2020 by Saurenergy IEA has finalised a USD 65 million wind construction award in the state of Iowa. The award is for the construction of a 150 MW wind farm. The Infrastructure and Energy Alternatives (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced that the Company finalised a USD 65 million […] Read more