Southern Power Acquires 136 MW Wind Facility From RES Updated On Tue, Oct 29th, 2019 by Saurenergy Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […] Read more
US Non-Residential Storage Market to Grow 10-Fold by 2024 Updated On Mon, Oct 28th, 2019 by Saurenergy Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […] Read more
MNRE Amends Bidding Guidelines for Procurement of Solar Power Updated On Mon, Oct 28th, 2019 by Saurenergy MNRE has issued amendments to its guidelines for the bidding process for the procurement of power from grid-connected solar PV power projects. The Ministry of New and Renewable Energy (MNRE) has issued amendments to its guidelines for the tariff-based competitive bidding process for the procurement of power from grid-connected solar PV power projects. The said […] Read more
Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too? Updated On Mon, Oct 28th, 2019 by Saurenergy With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […] Read more
ReNew Power Commissions 250 MW Solar Plant in Bikaner Updated On Mon, Oct 28th, 2019 by Saurenergy Sumant Sinha has announced that the ReNew Power has successfully commissioned a 250 MW solar power plant in Bikaner, Rajasthan. ReNew Power Chairman and Managing Director Sumant Sinha has announced that the company has successfully commissioned a 250 MW solar power plant in Bikaner, Rajasthan. In a tweet, Sinha wrote that “on this auspicious day […] Read more
RWE Acquires 1.5 GW of Offshore Wind Capacity in Poland Updated On Mon, Oct 28th, 2019 by Saurenergy RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 GW RWE Renewables has announced that the firm has acquired a pipeline of up to 4 offshore wind projects in Poland as part of its ambitions to enter the Polish offshore […] Read more
Watch: Interview with Abhijeet Gupta, Director, Radite Group Updated On Fri, Oct 25th, 2019 by Saurenergy Radite Energy is a fast growing EPC company that earned a name with its successful EPC execution of large solar projects. It has also been involved with work on boundary fencing, telecom towers set up, electric vehicle charging infrastructure, besides services like operation and maintenance, equipment hiring and manpower hiring. In an exclusive interview […] Read more
China Playing Catch-up in Offshore Wind Technology: GWEC Updated On Fri, Oct 25th, 2019 by Saurenergy A new analysis has revealed that while China is dominating in the supply of offshore turbines, it is still playing catch-up in terms of technology In 2018, 11 manufacturers installed 735 units of offshore wind turbines globally, totalling 3,693 MW of capacity, and six out of these top ten suppliers are from China. The firms […] Read more
Blackrock and GE Backed Firm Raises $250 mn to Fund Distributed Solar Projects Updated On Fri, Oct 25th, 2019 by Saurenergy DSD, the business-backed by BlackRock and GE Renewable Energy, has announced the closing of a USD 250 million fund to invest in future solar projects Distributed Solar Development (DSD), the business-backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has announced the closing of a USD 250 million fund financed by […] Read more
