Ørsted and Nestlé Sign15-Year Offshore Wind PPA Updated On Tue, Apr 28th, 2020 by Saurenergy Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm. Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […] Read more
Vattenfall Sells Rights to 240 MW Wind Farm in Scotland Updated On Tue, Apr 28th, 2020 by Saurenergy Vattenfall has taken the FID to construct the 240 MW South Kyle Wind Farm in Scotland, which will be able to power approximately 170,000 UK homes on completion Vattenfall has taken the final investment decision to construct the 240 MW South Kyle Wind Farm, which will be able to power approximately 170,000 UK homes, saving […] Read more
Making Clean Energy a key Part of Global Economic Recovery: IEA Roundtable Updated On Mon, Apr 27th, 2020 by Saurenergy IEA and the Government of Denmark recently hosted a meeting to discuss the importance of making clean energy a key part of the global economic recovery The International Energy Agency (IEA) and the Government of Denmark recently hosted a high-level roundtable meeting in which government ministers and business leaders from around the world discussed the […] Read more
MNRE Has A New Secretary, Indu Shekhar Chaturvedi Updated On Sun, Apr 26th, 2020 by Saurenergy Indu Shekhar Chaturvedi, a 1987 batch IAS (Indian administrative service) officer of the Jharkhand cadre, has been appointed as the new secretary of the Ministry of New and Renewable Energy (MNRE). Mr Chaturvedi will take over from Anand Kumar, himself an IAS from the 1984 Kerala cadre. Mr Chaturvedi was earlier the Additional Chief Secretary […] Read more
Leeward Closes $162.9 Mn Financing for Wind Farm in Colorado Updated On Fri, Apr 24th, 2020 by Saurenergy US-based independent renewable energy power producer Leeward Renewable Energy (Leeward) has completed USD 162.9 million financings for its 170 MW Mountain Breeze wind farm in Colorado. Leeward is owned by OMERS Infrastructure, the infrastructure arm of one of Canada’s largest defined benefit pension plans. Further, the company will develop, own and operate this wind energy […] Read more
L&T Construction Bags Rs 1,000 – Rs 2,500 Cr Orders from Indian Railways’ SPV for Electrification Updated On Fri, Apr 24th, 2020 by Saurenergy Conglomerate Larsen & Toubro’s construction arm, L&T Construction, has won significant contracts worth Rs 1,000 crore to Rs 2,500 crore for the electrification works from DFCCIL, a special purpose vehicle (SPV) of Indian Railways. The company has won this order through its Railways Strategic Business Unit in consortium with Kyosan Electric Manufacturing, a Japanese company […] Read more
‘Policy Framework Needed to Ensure Longevity of Domestic Products Offtake, Profitability’ Updated On Fri, Apr 24th, 2020 by Saurenergy The government has taken steps by coming up with few manufacturing-linked tenders for setting up solar capacities and has also introduced a basic customs duty on imports, but we need a policy framework that will ensure the longevity of offtake of the products manufactured as well as profitability, says a senior official of Tata Power […] Read more
BYD & Hino Alliance to Focus on Commercial EVs Development Updated On Fri, Apr 24th, 2020 by Saurenergy BYD and Hino Motors have announced a new strategic business alliance agreement with a focus on collaborating in commercial battery EVs development. BYD Company Ltd and Hino Motors have announced the signing of a strategic business alliance agreement with a focus on collaborating in commercial battery electric vehicles (EVs) development. The two companies through the […] Read more
Our Door is Open for All Kinds of Technologies: Dinesh Jagdale Updated On Thu, Apr 23rd, 2020 by Saurenergy BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […] Read more