JERA to Invest in Offshore Wind Farm in Taiwan Updated On Fri, Oct 11th, 2019 by Saurenergy JERA has entered into an agreement with Macquarie Capital to acquire an equity interest in an additional offshore wind power project in Taiwan. Japanese power generator, JERA, which is a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co, has announced that it has entered into an agreement with Macquarie Capital […] Read more
Sterlite Power Raises Funds from Brazilian Market via Debentures Updated On Thu, Oct 10th, 2019 by Saurenergy This is an important milestone for the company as its first infrastructure debentures in the Brazilian capital markets. Global power transmission assets developer Sterlite Power has raised funds through its newly issued infrastructure debentures for the Arcoverde Project. Arcoverde Project was the company’s first project in Brazil which was successfully commissioned 28 months ahead of […] Read more
CRISIL Report on REturn to Uncertainty Updated On Thu, Oct 10th, 2019 by Saurenergy India’s installed capacity in renewable energy (RE) could increase by just 40 GW to 104 GW by fiscal 2022 from 64.4 GW in fiscal 2019, because of enduring policy uncertainty and tariff glitches. That would be a good 42 percent short of the government’s target of 175 GW. The sector has witnessed a material waning […] Read more
CEEW and IEA Report on Clean Energy Investment Trends 2019 Updated On Thu, Oct 10th, 2019 by Saurenergy The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […] Read more
GE Renewable Energy Bags 132.5 MW Turbine Order in Brazil Updated On Thu, Oct 10th, 2019 by Saurenergy GE Renewable Energy has announced that it has signed an onshore wind contract with EDF Renewables in Brazil. This deal for GE’s Cypress platform (the company’s largest onshore wind turbine) is also its first contract with EDF Renewables in the country. GE will be responsible for the production and delivery of 25 turbines, which will […] Read more
REIL Tenders for 50 MW Rooftop and Small Solar Plants Under RESCO Model Updated On Thu, Oct 10th, 2019 by Saurenergy REIL has tendered for implementation of 50 MW rooftop and small solar power plants programme for government buildings in India under the RESCO model The Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, inviting bids from eligible parties for implementation of 50 MW grid-connected rooftop and small solar power plants programme for government […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
Offshore Wind Energy in India Ready to be Explored Updated On Thu, Oct 10th, 2019 by Saurenergy A new study by JMK Research and Analytics takes a look at the offshore wind energy sector in India, the challenges and the opportunities. Offshore wind turbines harness sea winds to generate power. They work in the same way as an onshore wind turbine, the only difference being that in offshore wind, turbines can be […] Read more
Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030 Updated On Wed, Oct 9th, 2019 by Saurenergy The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […] Read more
