Rajasthan Issues Amendment For Determination of Tariff For Wind and Solar Energy Updated On Fri, Mar 15th, 2019 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has issued draft regulations for as a second amendment to the terms and Conditions for determination of tariff for renewable energy sources, specifically Wind and Solar Energy in the state. The latest amendments/regulation will supersede the regulations for determining tariffs which were first issued in 2014. Key Highlights: […] Read more
Global Offshore Wind Capacity to Cross 81 GW by 2024 Updated On Thu, Mar 14th, 2019 by Saurenergy The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra Updated On Mon, Mar 11th, 2019 by Saurenergy The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […] Read more
GWEC, WBG to Work Together to Develop Global Offshore Wind Markets Updated On Thu, Mar 7th, 2019 by Saurenergy GWEC will coordinate with the World Bank’s Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets. Global Wind Energy Council (GWEC) and World Bank Group (WBG) is mulling to work together on efforts to develop offshore wind in emerging markets. […] Read more
CRISIL Predicts Rs 1100 Bn in Investments For Wind Capacity Additions by 2023 Updated On Thu, Mar 7th, 2019 by Saurenergy According to a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23). According to numbers recently furnished in a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23) at an estimated investment cost of Rs […] Read more
NIT For 1800 MW Wind Projects in India (Tranche-VIII) Updated On Thu, Mar 7th, 2019 by Saurenergy The detailed RfS Document shall be available for download by March 29, 2019. The Solar Energy Corporation of India (SECI) has issued tender inviting bids for setting up of 1800 MW ISTS-Connected Wind Power Projects (Tranche-VIII) on a pan India basis. The detailed Request for Selection (RfS) Document shall be available for downloading by March 29, 2019, onwards […] Read more
Senvion Secures First Offshore Wind Farm in Mediterranean Sea Updated On Wed, Mar 6th, 2019 by Saurenergy Italian “near-shore wind farm” will feature ten 3 MW turbines by Senvion. Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines, has concluded a 30 MW contract with Renexia for the first offshore wind farm in the Italian Mediterranean Sea. The wind farm will feature ten Senvion 3.0M122 turbines, installed on monopile foundations […] Read more
Siemens Gamesa to Supply 21 MW Wind Turbines in First Deal With SPIC China Updated On Fri, Mar 1st, 2019 by Saurenergy Siemens Gamesa has secured its first landing of SG 3.X platform in China, supplying six units of its SG 3.4-132 wind turbines with a flexible power rating of 3.65 MW. Siemens Gamesa Renewable Energy (SGRE) reached an agreement to supply six SG 3.4-132 wind turbines with a flexible power rating of 3.65 MW to a […] Read more
