The Project Behind Sterling and Wilson Solars AUD 615 Million Win Updated On Wed, May 27th, 2020 by Saurenergy Last Week, Sterling and Wilson Solar (SWSL) announced its biggest, and second major contract in the Australia market, when it announced am AUD 615 million dollar win for an EPC and O&M contract in the country. While the firm didnot disclose the name of the project, it is becoming increasingly apparent that the project is […] Read more
Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden Updated On Tue, May 26th, 2020 by Saurenergy The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […] Read more
Belectric Builds Solar System for Netherlands’ 1st Green Hybrid Project Updated On Mon, May 25th, 2020 by Saurenergy German solar power specialist Belectric undergoes construction of a solar power system for Vattenfall’s first complete hybrid power plant called Haringvliet Zuid energy park. This park will consist of a wind farm of 22 MW of capacity, a battery storage system of 12 MW of capacity and a large-scale photovoltaic (PV) system constructed and commissioned […] Read more
Engie in Final Talks with Hawaiian Electric for Solar plus Storage Project Updated On Mon, May 25th, 2020 by Saurenergy French multinational electric utility Engie said that its project has been selected by the US-based Hawaiian Electric as one of the 16 in the final award group for the stage 2 variable renewable dispatchable generation and energy storage projects. Further, the proposed project, a 60 MWAC solar energy + 240 MWh of the battery storage […] Read more
Enel Brings Online Three new Wind Farms in North America Updated On Fri, May 22nd, 2020 by Saurenergy Enel has begun operating a 50 MW expansion of the High Lonesome wind farm in Texas, and its 105 MW Riverview & 29.4 MW Castle Rock Ridge II wind farms in Canada Enel, through its US renewable subsidiary Enel Green Power North America, has begun operating a 50 MW expansion of the High Lonesome wind […] Read more
Siemens Gamesa Launches the World’s Largest Offshore Turbine at 14 MW Updated On Fri, May 22nd, 2020 by Saurenergy Siemens Gamesa Renewable Energy has launched its new SG 14-222 DD offshore Direct Drive wind turbine with an unprecedented 14 MW capacity Offshore at its strongest! Featuring a capacity of up to 15 MW with Power Boost and a 39,000 m2 swept area, the new generation of our Direct Drive platform has an AEP increase […] Read more
Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers Updated On Wed, May 20th, 2020 by Saurenergy The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […] Read more
AVANA Capital and SolRiver Close Construction Financing for Six Solar Projects Updated On Tue, May 19th, 2020 by Saurenergy SolRiver Capital has closed on USD 30 million of construction financing with AVANA Capital for a portfolio of six solar projects worth a combined 24 MW. SolRiver Capital, a solar investment fund that acquires and owns distributed generation and utility-scale projects, has announced that it has closed on USD 30 million of construction financing with […] Read more
