Mainstream Renewable, Aker buy 50% stake in 800MW offshore wind plant in Japan Updated On Tue, Mar 15th, 2022 by Saurenergy Wind and solar company Mainstream Renewable Power and Aker Offshore Wind have closed a deal which will give them a 50% stake in a 800 megawatt (MW) floating offshore wind project in Japan, the companies said on Monday. The other 50% stake in the project belongs to renewable energy project developer Progression Energy. Mainstream is […] Read more
Adani to Build Two Renewable Energy Projects in Sri Lanka Updated On Tue, Mar 15th, 2022 by Saurenergy The Adani Group has signed a Memorandum of Understanding (MoU) with the Sri Lanka Government bagging two renewable energy generation projects of considerable size in the neighbouring country. There is no official confirmation from either Adani Group or the Government of Sri Lanka, but it has been reported that the two projects will be based […] Read more
Tamil Nadu to Add 20,000MW Solar Power by 2030 Updated On Mon, Mar 14th, 2022 by Saurenergy The Tamil Nadu Generation and Distribution Corporation (Tangedco) plans to spend about Rs 70,000 crore across Tamil Nadu to install 20,000 megawatt (MW) capacity of solar power plants by 2030. The DISCOM has come out with a tender inviting consultants for the project. A solar plant with a capacity of 1,000MW will be built by […] Read more
Nagaland Will Develop its First Solar Power Project in Dimapur Updated On Fri, Mar 11th, 2022 by Saurenergy The state government of Nagaland has signed a power purchase agreement (PPA) with Hyderabad based Halo Energie Pvt Ltd to develop Nagaland’s first greenfield solar power project in Dimapur. Halo Energie is an independent power producing company. As per the details, the solar power project will be of 20MW and constructed over more than 120 […] Read more
European Union Added Less Than 50% Wind Energy Targets in 2021: WindEurope Report Updated On Fri, Mar 11th, 2022 by Saurenergy A new report published by WindEurope has revealed that the European Union has not been able to install the targeted wind energy capacity in 2021. According to the report, the European Union – which is a union of 27 countries – had installed a mere 11 GW which is even less than half of what […] Read more
MNRE Amends Guidelines for Hybrid Projects Updated On Fri, Mar 11th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued an office memorandum, modifying guidelines for the tariff based procurement from Wind and solar hybrid projects. These guidelines had originally been released on October 14, 2020, and amended subsequently on July 27, 2021. The purpose behind such hybrid projects is to seek RTC (Round the […] Read more
Netherlands to Float 1.4GW Offshore Wind Energy Tenders Updated On Fri, Mar 11th, 2022 by Saurenergy The Netherlands has announced that it will soon invite bids for the development of two new offshore wind farms with a total capacity of 1400MW. The new projects will be based in the North Sea. On March 9, the Dutch Government published regulations with details about the procedure in the Government Gazette. As per the […] Read more
Vestas Will Discontinue Four Wind Energy Projects in Russia Updated On Wed, Mar 9th, 2022 by Saurenergy Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […] Read more
Faster Solar, Wind Deployment In IEA’s 10 point plan for Reducing EU Dependence on Russia Updated On Wed, Mar 9th, 2022 by Saurenergy The International Energy Agency (IEA), in a 10 point plan for Europe to reduce its dependence on Russian energy supplies, has made a strong pitch for more renewables, energy efficiency, and diversifying of suppliers, for Europe to reduce its dependence on Russia. The high energy dependence on Russia has stymied European efforts to counter the […] Read more