Acciona to Supply 173 GWh Renewable Electricity to Vidrala in Portugal Updated On Thu, Nov 21st, 2019 by Saurenergy Acciona has signed a contract with Vidrala to supply renewable electricity to its 2 glass container plants in Portugal, for an estimated capacity of 173 GWh Acciona has signed a contract with the Vidrala group to supply electricity of renewable origin in 2020 to its two glass container plants in Portugal, for an estimated volume […] Read more
Power Minister Rubbishes News of October Woes for Thermal Plants Updated On Thu, Nov 21st, 2019 by Saurenergy Mr. R.K. Singh, the Minister of Power and New and Renewable Energy has denied the news of idling in the thermal sector. Is he right? In a somewhat belated response to a series of stories that came out last week about the ‘distress’ in the thermal power sector, Shri R.K. Singh, India’s MNRE Minister has […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm Updated On Tue, Nov 19th, 2019 by Saurenergy This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […] Read more
GE Secures 350 MW Order for Wind Project in Texas Updated On Tue, Nov 19th, 2019 by Saurenergy GE Renewable Energy has been selected by Innergex to supply 139 wind turbines for Innergex’s 350 MW Foard City Wind project in Texas. GE Renewable Energy has announced that it has been selected by Innergex Renewable Energy to supply 139 of its 2.X-127 onshore wind turbines on 89-meter towers for Innergex’s approximately 350 MW Foard […] Read more
Vestas Secures 103 MW Order and EPC Contract in New Zealand Updated On Tue, Nov 19th, 2019 by Saurenergy Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […] Read more
Neoen and Tesla to Expand World’s Largest Li-ion Battery System Updated On Tue, Nov 19th, 2019 by Saurenergy Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […] Read more
Azelio Signs MoU for 120 MW Storage Facilities in California Updated On Mon, Nov 18th, 2019 by Saurenergy Azelio has signed an MoU with Biodico for a project in California, for collaboration over a capacity of about 120 MW of energy storage technology until 2024 Azelio has announced that it has signed a Memorandum of Understanding (MoU) with the US company Biodico for a project in Atascadero, California. The MoU frameworks a collaboration over a […] Read more
GCL and Powin Energy JV to Deliver Energy Storage Solutions Updated On Mon, Nov 18th, 2019 by Saurenergy GCL SI and Powin Energy have announced a JV, G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. GCL System Integration (GCL SI) and Powin Energy have announced a joint venture (JV), branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. “GCL SI has supplied over 18 GW of […] Read more