Second Attempt Yields Lower Tariffs in Gujarat Solar Auction Updated On Fri, May 10th, 2019 by Saurenergy GUVNL has awarded solar projects worth 500 MW to four developers in the Raghanesda Solar Park after offering 700 MW. The discom received winning bids which were Rs 0.18/kWh less than the cancelled auction held in January. In its second attempt to auction solar projects at the Raghanesda Solar Park in the state, the Gujarat […] Read more
Vestas Bags 420 MW Order in For Wind Project in US Updated On Fri, May 10th, 2019 by Saurenergy The project deliveries have been scheduled for the second quarter of 2020, and the wind farm is expected to begin commercial operation in the fourth quarter of 2020. Denmark-based, Vestas has bagged an order in the United States for the development of a 420 MW wind power project. The turbine manufacturer has been selected for supplying […] Read more
Vikram Solar Successfully Appraised by Black & Veatch Updated On Fri, May 10th, 2019 by Saurenergy After a detailed review of the module design and bill of materials for module configurations, the Kansas based firm came to a positive conclusion that Vikram Solar modules successfully met the requirements of international standards in those respects. Vikram Solar, one of India’s leading module manufacturers and prominent rooftop solar & EPC solutions provider, has […] Read more
Ørsted Issues Green Bonds to Finance Next Wave of Offshore Wind Projects Updated On Fri, May 10th, 2019 by Saurenergy The investment strategy will include the investment in the biggest offshore wind farm in the world, the Hornsea 2 in the United Kingdom with a capacity of 1,386 MW. The largest energy company in Denmark and the world’s largest offshore wind energy developer, Ørsted has successfully issued green bonds. The company announced in a statement […] Read more
Innergex Closes Construction Financing For its 328 MW Texas Wind Farm Updated On Fri, May 10th, 2019 by Saurenergy The facility is expected to produce a gross estimated long-term average of 1,230 GWh and will be the largest wind farm project built by Innergex. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced the closing of a construction financing and tax equity commitment for the Foard City wind project located in Foard County, […] Read more
CERC Finds Rs 3.60/kWh as the National Average Power Purchase Cost Updated On Fri, May 10th, 2019 by Saurenergy The APPC shall be applicable during FY 2019-20 and until further orders for the purpose of deviation settlement in respect of the open access and captive wind and solar generators fulfilling the requirement of regional entities. The Central Electricity Regulatory Commission (CERC) has found the Average Power Purchase Cost (APPC) at the national level to […] Read more
United States Hits 2 Mn Solar Installations, 4 Mn Expected by 2023: Report Updated On Fri, May 10th, 2019 by Saurenergy The report forecasts that there will be 3 million installations in 2021 and 4 million in 2023, continuing the swift rise of solar. A new report has revealed that the United States has crossed the 2 million solar PV installations landmark. Progressing at an astonishing rate, the second million installations came in a period of […] Read more
Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating Updated On Thu, May 9th, 2019 by Saurenergy The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s. Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […] Read more
SoftServe and Lightricity Partner to Innovate Power Harvesting Technology Updated On Thu, May 9th, 2019 by Saurenergy SoftServe will use power harvesting techniques to develop solutions to make electronic devices more power efficient, prolong their lifetime, and make maintenance easier. SoftServe, a leading digital authority and consulting company, recently announced its partnership with Lightricity, a leader in photovoltaic energy harvesting technology. As a partner, SoftServe will use power harvesting techniques to develop solutions […] Read more
