MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
Vestas Introduces Low-Wind Variant to Expand Footprint in India Updated On Wed, Oct 7th, 2020 by Saurenergy To help meet the growing demand in India, Vestas is introducing the V155-3.3 MW turbine optimised for low and ultra-low wind conditions. The global demand for sustainable energy solutions in low and ultra-low wind areas continues to grow as renewable technology improves in efficiency and cost. This trend is especially prominent in India, the world’s […] Read more
300MWh Projects Award to ENGIE Upheld by Guam’s Public Auditor Updated On Wed, Sep 30th, 2020 by Saurenergy In a win for the clean energy goals of Guam, the Office of Public Accountability upheld the award of its Phase III Renewable Energy Project to ENGIE. In a win for Guam’s clean energy goals, the Office of Public Accountability (OPA) upheld the power utility’s award of its Phase III Renewable Energy Project to ENGIE. […] Read more
GUVNL Tenders for Procuring 500 MW Solar Power Updated On Wed, Sep 30th, 2020 by Saurenergy GUVNL has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power. The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power through competitive bidding. The solar […] Read more
Trafigura Forms new Firm to Invest in Renewable Energy Projects Globally Updated On Tue, Sep 29th, 2020 by Saurenergy Trafigura Group has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. […] Read more
India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend Updated On Mon, Sep 28th, 2020 by Saurenergy India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […] Read more
JSW Energy Wins 810 MW Blended Wind Capacity Under SECI Tender Updated On Sat, Sep 26th, 2020 by Saurenergy JSW Energy has received LoA for a total blended wind capacity of 810 MW from SECI under its tender for setting up of 2500 MW wind projects (Tranche – IX). JSW Energy has announced that its 100 percent subsidiary JSW Solar has received a Letter of Award (LoA) for a total blended wind capacity of […] Read more
Wind Sector in Southeast Asia Needs $14 Bn in Investments by 2030: WoodMac Updated On Tue, Sep 22nd, 2020 by Saurenergy According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. This is to support the 8.9 gigawatts (GW) of new wind power capacity […] Read more
Despite MERC Relief in Wind Energy Case, Project Execution A Challenge for Hero Wind Updated On Mon, Sep 21st, 2020 by Saurenergy In a case it brought against MSEDCL (Maharashtra State Electricity Distribution Company Limited) at the state power regulator MERC, Hero Wind Energy, through its subsidiary (Clean Wind Power (Bhavnagar) Private Limited) handling the project in question managed to get some relief. But that hardly indicates an end to the problems facing the project. The issue […] Read more
