Microsoft Inks Deal With RWE To Purchase Wind Power From 446 MW Texas Farm Updated On Fri, May 24th, 2024 by Saurenergy RWE, the US-based renewable energy company, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase clean electricity from two new RWE onshore wind farms in Texas. The official groundbreaking for the RWE Peyton Creek II onshore wind farm has just taken place and for the Lane City […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more
ABAN Power & Venterra Firm Form India Offshore Wind Alliance Updated On Wed, May 22nd, 2024 by Saurenergy ABAN Power and Gavin and Doherty Geosolutions (GDG), a division of the Venterra Group, have formed an alliance to expedite offshore wind projects and energy infrastructure throughout Asia-Pacific, including India. The objective of this partnership is to assist India in reaching its 2030 target of 500 GW of renewable energy capacity. Through the combination of […] Read more
Wind Capex To More Than Double To Rs 1.8 lakh Crore By Fiscal 2028 Updated On Tue, May 21st, 2024 by Saurenergy CRISIL Ratings recently announced that, the wind capacity addition is expected to witness to rise 2.5x on auction ramp-up and easing supply side constraints. The research agency anticipates an increase in India’s wind capacity addition with an increase by 2.5 times to nearly 25 GW between fiscals 2025 and 2028. This is an increase compared […] Read more
Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India Updated On Thu, May 16th, 2024 by Saurenergy US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […] Read more
Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US Updated On Wed, May 15th, 2024 by Saurenergy Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […] Read more
HPCL Issues 300 MW EPC Tender For Solar Projects Updated On Tue, May 14th, 2024 by Saurenergy Hindustan Petroleum Corporation subsidiary HPCL Renewable and Green Energy (HPRGEL) has issued a tender inviting bids for 300 MW of interstate transmission system (ISTS)–connected solar power projects in seven states. The tender pertains to the engineering, procurement, and construction (EPC) package. The last day to submit the bids is May 30, 2024, and the bids […] Read more
INOX Wind Hopes To Power Growth With Its 3MW Wind Turbines Updated On Tue, May 14th, 2024 by Saurenergy Wind Turbine Manufacturer INOX Wind is now harping on its latest addition of production of 3 MW of wind turbines for increased revenues. The top management of the firm in its latest investors call talked in detail about the transition and the expected returns out of this. As per the management, the transition and the […] Read more
India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more
