MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO Updated On Fri, Nov 8th, 2019 by Saurenergy MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […] Read more
Excelsior Acquires 109 MW Wind Energy Portfolio From Invenergy Updated On Fri, Nov 8th, 2019 by Saurenergy Excelsior has acquired 90.1 percent of Invenergy’s sponsor equity interests in the combined 109 MW Prairie Breeze II and III wind energy projects in Nebraska. Excelsior Energy Capital, a leading independent North American renewable energy investor, has announced that its North American Renewable Energy Fund has executed definitive agreements for the acquisition of 90.1 percent […] Read more
Enel Begins Work on 280 MW Wind Facility in South Africa Updated On Wed, Nov 6th, 2019 by Saurenergy Enel has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. Enel, through its renewable subsidiary Enel Green Power RSA, has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. The plants, which […] Read more
Apple led Consortium to Purchase Wind Energy in Texas Updated On Wed, Nov 6th, 2019 by Saurenergy Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm developed by Apex Clean Energy in Texas Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy in Texas. The transaction—spearheaded by […] Read more
Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA Updated On Wed, Nov 6th, 2019 by Saurenergy Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
ABB to Connect World’s Largest Offshore Wind Project to UK Grid Updated On Thu, Oct 31st, 2019 by Saurenergy ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […] Read more
Mitsui to Sell Entire Stake in Solar, Wind Project in Canada Updated On Wed, Oct 30th, 2019 by Saurenergy Tokyo-headquartered Mitsui has 30 percent stake in this project through its investment company MIT Renewable Inc. Mitsui & Co. Ltd, an arm of Japanese Mitsui Group, has signed a pact with Axium Infrastructure (Axium) in order to sell its entire shareholding in a Canadian project (i.e. C2C Power LP), having 679 MW of installed capacity. […] Read more
RES Secures Permit for Wind Plus Storage Project in Australia Updated On Tue, Oct 29th, 2019 by Saurenergy RES has secured planning permission for the 185 MW Twin Creek Wind Farm and battery storage facility in Adelaide. RES, one the world’s largest independent renewable energy company, has secured planning permission for the 51-turbine Twin Creek Wind Farm and battery storage facility, 90 km to the north of Adelaide. Following development consents for the […] Read more