Grasim Ties up With Cleanmax to set up 32.4 MW Wind Plant in Karnataka Updated On Mon, Aug 10th, 2020 by Saurenergy Grasim has executed an LLP Agreement with Cleanmax Enviro Energy to establish and procure power from a 32.4 MW wind energy power plant in Karnataka. Grasim Industries has announced that it has executed an LLP Agreement with Cleanmax Enviro Energy (Generator) and Power Purchase Agreement (PPA) with CleanMax Power 3 LLP (Power Producer) to establish […] Read more
AEP Energy Partners Seeking Wind and Solar Energy Projects in PJM Updated On Wed, Aug 5th, 2020 by Saurenergy AEP Energy Partners (AEPEP), a subsidiary of AEP is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company (AEP) is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. The […] Read more
Record Low Price in Latest Onshore Wind Auction in Greece Updated On Wed, Aug 5th, 2020 by Saurenergy In its latest onshore wind auction, Greece has awarded 20-year contracts for more than 472 MW of onshore projects, including one at a new record low price. In its latest onshore wind auction, Greece has awarded 20-year contracts for more than 472 MW of onshore wind energy projects, including one at a new record low […] Read more
Voltalia Begins Setting Up 59 MW Brazil Wind Farm Updated On Wed, Aug 5th, 2020 by Saurenergy The VSM4 project is in Voltalia’s Serra Branca cluster, the world’s biggest wind-and-solar cluster Voltalia, an international player in renewable energy sector, started construction of its 59 MW VSM4 wind farm in the Serra Branca cluster, Brazil. Nordex Group is supplying the 17 wind turbines to be installed at the VSM4 site, each with a […] Read more
Siemens Gamesa Impacted by COVID, Reports Net Loss of €466 mn in Q3 Updated On Tue, Aug 4th, 2020 by Saurenergy Siemens Gamesa performance in Q3 of FY 2020 reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business Siemens Gamesa performance in the third quarter (Q3) of FY 2020 (April-June) reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business, due to the slowdown […] Read more
China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more
US-based AES Corp Expands Footprint in Brazilian Renewable Sector Updated On Thu, Jul 30th, 2020 by Saurenergy The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
