Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project Updated On Mon, Dec 7th, 2020 by Saurenergy Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […] Read more
Vietnam’s Position as Leading Wind Market in Southeast Asia is Under Threat: GWEC Updated On Fri, Dec 4th, 2020 by Saurenergy The Global Wind Energy Council (GWEC) appreciates the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed reduction to the FIT risks damaging the growth of Vietnam’s promising wind power sector by slowing down investment, the creation of new […] Read more
REInvest 2020- Decoupling From Solar, Higher Peaking Tariffs Key For Wind Energy Updated On Tue, Dec 1st, 2020 by Saurenergy At 38.26 GW of installed capacity till October 3, 2020, India is the fourth largest market for wind energy in the world. Yet, the industry has been overtaken by a sense of pessimism in the past couple of years, as fresh additions have slowed down, and multiple other issues have cropped up. Discussing this, and […] Read more
APTEL Reinstates Tariff of ₹4.50/kWh for Five Karnataka Wind Generators Updated On Fri, Nov 20th, 2020 by Saurenergy The Appellate Tribunal for Electricity (APTEL) granted relief to five wind generators after in Karnataka after the Karnataka Electricity Regulatory Commission (KERC) had issued an order which had reduced the generic tariff to ₹3.74 per kWh for wind projects commissioned before September 2017. It was declared that the tariff of Rs. 4.50 per kwh determined […] Read more
GE Renewable Energy and European Energy add substantial wind power to Lithuania Updated On Thu, Nov 19th, 2020 by Saurenergy GE Renewable Energy announced today that it has been selected by European Energy as the supplier for three windfarms in Lithuania, located about 80 kilometers North of the capital Vilnius. The 121 MW project, which will use 22 GE Cypress onshore wind turbine units, will add 23% of green power capacity to the country’s current […] Read more
MNRE Seeks Feedback On Roadmap For Wind-Solar Hybrids Updated On Tue, Nov 17th, 2020 by Saurenergy On November 13, the MNRE uploaded a concept note for hybrid wind-solar energy projects on its site, with a request for feedback and comments by November 28. Using sites identified with the help of the National Institute of Wind Energy (NIWE), the concept note seeks to address a key issue/s that have come up with […] Read more
Investment Firm TRIG Acquires Stake in 714 MW East Anglia One Wind Farm Updated On Thu, Nov 12th, 2020 by Saurenergy TRIG, a London-listed investment company, will acquire a 14.3 percent stake in the 714 MW East Anglia One offshore wind farm from GIG. The Renewables Infrastructure Group Limited (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has announced that it has exchanged contracts to acquire a 14.3 percent indirect equity interest/ […] Read more
Inox Wind Approves Allotment of Rs 199 Cr NCDs to Investors Updated On Wed, Nov 11th, 2020 by Saurenergy Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors. The firm announced that Board […] Read more
SECI Signs MoU in Odisha to Develop Agro-Photovoltaic Solar Projects Updated On Fri, Nov 6th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) has signed an MoU with the Government of Odisha to develop Agro-Photovoltaic solar projects in the state. The Solar Energy Corporation of India (SECI) on behalf of the Government of India has announced that it has signed a Memorandum of Understanding (MoU) with the Government of Odisha to […] Read more
