Renewable Energy M&A Deals at $30.7bn in Q3 2022; India Leads with 72% Onshore Wind Deals Updated On Mon, Feb 13th, 2023 by Saurenergy Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were at the forefront of the M&A activity. This is primarily […] Read more
EDP Renewables Inaugurates 580 MW Wind Energy Complex; Its Largest In Brazil Updated On Fri, Feb 10th, 2023 by Saurenergy EDP Group subsidiary EDP Renewables has announced the inauguration of its largest wind farm complex worldwide in Brazil. The complex has an installed capacity of 580 MW and 138 wind turbines in the state of Rio Grande do Norte. Here EDP Renewables has a strong presence with over 800 MW of wind energy installed and […] Read more
Vestas Claims An Answer To Recycle All Wind Turbine Blades Updated On Thu, Feb 9th, 2023 by Saurenergy Wind turbines have become a crucial component in the fight against climate change, but what happens to the massive blades at the end of their lifespan? Landfills were the only answer, until now. Vestas Wind Systems is claiming a game-changing chemical process that it says could eliminate the need for landfill disposal and transform used […] Read more
Solar Energy Prices Soar 60% In Europe As Wind Availability Dropped in Q4 Updated On Wed, Feb 8th, 2023 by Saurenergy A new report from LevelTen Energy has revealed that high development costs and an unstable regulatory environment has caused an 11,4% jump in European solar PPA prices in the fourth quarter of 2022. The report also mentions that solar PPA prices reached €76.84 per MWh, representing a 60% year-over-year increase. LevelTen Energy is a renewable […] Read more
300 MW Offshore Wind Project by Tokyo Gas in Offing; Eyes 6 GW Goal Updated On Tue, Feb 7th, 2023 by Saurenergy Tokyo Gas, the gas distributor of Japan, has said that it has started the construction of two floating offshore windmills in Japan. The new facility is being built off the coast of Fukushima prefecture in the northeast. According to the disclosure, the capacity of the wind power project will be 300 MW. The announcement of […] Read more
GRIDCO to Purchase 400 MW Wind Power from SECI Updated On Mon, Feb 6th, 2023 by Saurenergy The Grid Corporation of Odisha (GRIDCO) – a public sector undertaking of Odisha State Government – has said that it will be procuring 400 MW low cost wind power from Inter State Transmission System (ISTS) connected wind energy projects in Karnataka and Gujarat. The green power purchase by GRIDCO will be through Solar Energy Corporation of […] Read more
Inox Green Acquires Wind O&M Firm I-Fox Windtechnik, Enters Multi Brand O&M Business Updated On Fri, Feb 3rd, 2023 by Saurenergy Renewable energy conglomerate Inox Green Energy Services Limited (IGESL) has said that it has acquired a majority stake in I-Fox Windtechnik India that will help the company in its wind energy business. Inox Green is a subsidiary of Inox Wind. With this, Inox has entered the market for multi brand O&M services in Wind Energy. […] Read more
Sprng Energy Finally Gets Exit From 100 MW Wind Project At CERC Updated On Fri, Feb 3rd, 2023 by Saurenergy Read more
Sprng Energy Finally Gets Exit From 100 MW Wind Project At CERC Updated On Fri, Feb 3rd, 2023 by Saurenergy Sprng Wind Energy Private Limited, has finally received confirmation for termination of the power purchase agreement (PPA) signed with the Solar Energy Corporation of India (SECI). The project in question was a 100 mega-watt (MW) wind project planned in Dhar, Madhya Pradesh. While delays in the signing of the PPA, and subsequently, the covid pandemic […] Read more
