CIP Pledges $350 Million for South Korea’s Offshore Wind Expansion Updated On Mon, Jun 26th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol, committing to inject $350 million into offshore wind projects in South Korea. Through their funds, CIP aims to facilitate developing and constructing gigawatt-scale offshore wind projects in the country. These projects are situated in the […] Read more
Overcoming Climate Change Risks: India’s Quest to Expand Offshore Wind Power Updated On Fri, Jun 23rd, 2023 by Saurenergy India is banking on wind power expansion to meet close to a third of its 2030 renewables target, with solar accounting for most of the rest. Importantly, the country is finally actively pushing for offshore wind power as it aims to achieve 30 GW of offshore wind energy capacity by 2030. With one of the […] Read more
Envision to Supply & Commission Wind Turbines of 350 MW Capacity for Serentica Renewables Updated On Mon, Jun 19th, 2023 by Saurenergy Envision Energy, a firm that delves in renewable energy solutions has won an order from Serentica Renewables – a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, for the supply and commissioning of wind turbine generators for the 350 MW wind park coming up in Maharashtra. 106 units of. Envision’s state-of-the-art […] Read more
Bhakra Beas Management Board Invites Bids for 11.5 MW Solar Projects Updated On Fri, Jun 16th, 2023 by Saurenergy Bhakra Beas Management Board has issued a tender for ground mounted solar PV projects of cumulative capacity of 11.5 MW (Ac) at Bhiwani and Hisar on lumpsum turnkey. The selected bidder will be responsible for supply, erection and commissioning of the projects in Haryana. Th last date to submit bids is July 10, 2023 at […] Read more
Despite A Volatile Market, Wind Energy Blows Strong Updated On Fri, Jun 16th, 2023 by Saurenergy It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade. Global Trends 2023: Big Start, Bigger Finish The wind sector is back […] Read more
US Proposal For Fee Reduction for Wind and Solar Energy on Federal Lands Updated On Fri, Jun 16th, 2023 by Saurenergy The Biden administration unveiled a new proposal on Thursday to formalize a significant project fee reduction for wind and solar energy developments on federal lands. The regulation aims to boost renewable energy deployment as part of the administration’s strategy to combat climate change. Last year, the US Bureau of Land Management (BLM), a division of […] Read more
China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices Updated On Tue, Jun 13th, 2023 by Saurenergy China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […] Read more
CERC Extends Deadline for ISTS Waivers for RE Projects Updated On Tue, Jun 13th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo motu order, allowed an extension of the waiver of Inter-State Transmission System (ISTS) for renewable projects. It implies those wind and solar projects whose generation capacity was declared under commercial operation earlier between February 13, 2018, to December 31, 2022. These projects were given ISTS waivers […] Read more
Wind Energy Body Proposes 4 Measures To Boost Capacity Updated On Mon, Jun 12th, 2023 by Saurenergy Indian wind industry body Wind Independent Power Producers Association (WIPPA) has proposed four measures to boost progress in the wind energy sector in the country. “At the central government, we request the implementation of the four policies implementation of the bidding plan, ISTS (inter-state transmission system) open access, fixing the missing links in LPS (late […] Read more