Vestas Secures 249 MW Order From EDF Renewables For Texas Wind Project Updated On Tue, May 21st, 2019 by Saurenergy Vestas will supply its V120-2.2 MW turbines for the 273 MW project. The full project size includes previously purchased 2 MW Vestas PTC components. Denmark-based wind energy major, Vestas has bagged an order from EDF Renewables for supplying 249 MW of turbines for the Las Majadas wind project in Texas. Vestas will supply its V120-2.2 […] Read more
Danish Renewable Energy Infrastructure Fund Closes on $700 Mn Updated On Mon, May 20th, 2019 by Saurenergy Copenhagen Infrastructure Partners (CIP) new fund, the New Markets Fund I, which will invest in renewable energy infrastructure targeting fast-growing major new economies primarily in Asia and Latin America, reached the first close of USD 700 million. “Obtaining first close commitments of USD 700m from a group of leading Nordic investors is an important proof […] Read more
Draft Model Regulations For Distributed Renewable Energy Sources Issued by FoR Updated On Fri, May 17th, 2019 by Saurenergy The Forum of Regulators (FoR) has issued draft model regulation for grid-interactive distributed renewable energy sources to be followed by all states in India. According to the forum, the discoms will implement a web-based application processing system for handling the applications for distributed renewable energy systems within three months from the date of notification of […] Read more
Tata Power-DDL Issues Tender For 100 MW Renewable Power Updated On Thu, May 16th, 2019 by Saurenergy Tata Power Delhi Distribution Limited (TPDDL) has issued a Request for Proposal (RfP) for the procurement of renewable power (non-solar) on a short-term power purchase agreement to meet its Renewable Purchase Obligation (RPO) targets. The Discom is looking to procure up to 300 MUs or 100 MW of renewable energy for a period starting June […] Read more
APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
RenewSys India Launches Country’s First 6 BB Solar PV Cells Updated On Tue, May 14th, 2019 by Saurenergy The high-efficiency 6BB cells with these improved designs, increase the module power output. RenewSys, India’s first integrated manufacturer of solar PV modules and its components – Encapsulants, Backsheets and Solar PV Cells, is the first Indian company to launch the production of six Bus Bar (6BB) Solar Photovoltaic (PV) Cells and modules. The 6BB cells, […] Read more
EBRD to Invest $100Mn in Turkish Renewable Firm Updated On Mon, May 13th, 2019 by Saurenergy With EBRD funds, the company plans to invest in wind farms and solar projects with a combined capacity of up to 250MW. In a new boost to Turkey’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) is investing US$ 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari (Ictas Energy), the […] Read more
Renewables Under Modi. A Success Story Validated by Industry Stakeholders. Updated On Mon, May 13th, 2019 by Saurenergy Despite policy reversals and various other operational challenges faced by the industry, a bulk of the respondents are optimistic about its growth prospects. The Indian renewable industry has given a pass certificate to the five years under Modi government rule with 78 percent of the respondents in a survey of CEOs of the industry feel […] Read more
Decline In Wind Growth Puts German and EU Renewable Targets at Risk Updated On Fri, May 10th, 2019 by Saurenergy The growth of onshore wind energy is collapsing in Germany, jeopardizing both the German and EU renewables targets. Germany installed just 134 MW of new onshore wind farms in the first quarter of 2019 – the country’s worst first quarter for onshore installations since 2000. And is likely to install a total of just 1-2 […] Read more
