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
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
NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan Updated On Thu, May 9th, 2019 by Saurenergy The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […] Read more
260 MW Wind Farm in Thailand Begins Commercial Operation Updated On Thu, May 9th, 2019 by Saurenergy Composed of five sub-projects located in Chaiyaphum Province in Thailand, the project is set to be one of the biggest of its kind in Thailand. The 260 MW Hanuman Wind Farm Project, owned by the Energy Absolute Public Company Limited (EA), a renewable energy company in the SET, recently entered commercial operation. Composed of five […] Read more
India to Exceed Climate Compliance Commitments Under Paris Agreement Updated On Thu, May 9th, 2019 by Saurenergy A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […] Read more
Aviation Task Force to Tackle One of Wind Energy’s Biggest Hurdles Updated On Wed, May 8th, 2019 by Saurenergy WindEurope has launched a new Aviation Task Force, gathering a wide range of stakeholders to tackle one of the major challenge areas for wind energy. According to many in the wind energy sector, aviation-related issues are now the leading cause of permitting problems across the several Member States. And the launch of the Aviation Task […] Read more
IEA Offers Insight to Morocco’s Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The International Energy Agency (IEA) has in its latest in-depth review of Morocco’s energy policies, highlighted the institutional, legal and fiscal reforms undertaken to promote the sustainable development of the country’s energy sector. Since the last review in 2014, the agency noted the government’s positive efforts to boost renewable investment, provide access to electricity, and […] Read more
Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed Updated On Wed, May 8th, 2019 by Saurenergy Gujarat’s move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders — floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March — have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar […] Read more
