Foreign Players Win Big in Gujarat Solar Park Auction Updated On Sat, Dec 22nd, 2018 by Saurenergy The previous auction conducted by Gujarat Urja Vikas Nigam in September for 500 MW saw a winning tariff of Rs 2.44 per unit. International solar developers have stood out and won the entire 700 MW capacity of the solar auction conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL). SB Energy which is backed by […] Read more
New Braunfels Utilities Signs One of the Lowest PPA in the USA Updated On Sat, Dec 15th, 2018 by Saurenergy A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […] Read more
Vestas Bags its Largest Wind Energy Order in India for 252 MW Updated On Thu, Dec 13th, 2018 by Saurenergy The order was placed by Vivid Solaire Energy Pvt. Ltd., a subsidiary of Engie, and was awarded as part of the national level wind auctions organised by SECI. Danish Wind energy mammoth Vestas has bagged its largest order till date in India for a 252 MW wind energy project in Tamil Nadu. The order is […] Read more
Siemens Receives 487 MW Offshore Wind Project in Belgium Updated On Tue, Dec 4th, 2018 by Saurenergy The order includes supply and commissioning of 58 units of the SG 8.0-167 DD offshore wind turbine and a 17-year Service agreement. Siemens Gamesa Renewable Energy (SGRE) has received an order for 487 MW SeaMade offshore wind power project in Belgium from customer Seamade NV. The order includes supply and commissioning of 58 units of […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
Need of Hour: Reduce | Reuse | Recycle Updated On Mon, Apr 23rd, 2018 by Saurenergy What happens to all the “green” infrastructure when it reaches the end of its life? The question is how will India dispose 100 gigawatt (GW) worth of solar panels in the next 20 years? While the production of solar energy is green, is there a well thought out and environment-friendly plan for end-of-life treatment of […] Read more
Mirzapur Solar Plant gets Rs 74.25 lk per MW Viability Gap Funding from Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The electricity generated by the project will be supplied by ENGIE at the rate of Rs 4.43 per unit for a period of 25 years. The Mirzapur’s 75 MW solar power plant, set-up by the French firm ENGIE at a cost of around Rs 528 crore, has got Rs 74.25 lakh per MW Viability Gap […] Read more
UP’s Biggest Solar Power Plant Sets up via Transparent Auction: Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The plant, built at a cost of around Rs 528 crore, will generate 13 crore units of electricity per annum. The government said the biggest solar power plant in the state of Uttar Pradesh (UP) has been set up via a transparent bidding process under the solar park scheme of the Ministry of New and […] Read more
