IL&FS Proposes to NCLT Sale of Wind Assets to Orix Updated On Mon, Aug 12th, 2019 by Saurenergy ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
Powergrid Bags Transmission Projects in Gujarat and Rajasthan Updated On Thu, Aug 8th, 2019 by Saurenergy Powergrid has been declared the successful bidders to establish transmission systems for two projects in Gujarat and Rajasthan. The Power Grid Corporation of India (Powergrid) has announced that it has been declared the successful bidder under the tariff-based competitive bidding to establish transmission systems for two projects in Gujarat and Rajasthan. The first Letter of […] Read more
IEA Announces $98 mn Wind Construction Project Updated On Wed, Aug 7th, 2019 by Saurenergy Infrastructure and Energy Alternatives, Inc. (IEA) has announced a new wind energy project award valued at approximately USD 98 million. Infrastructure and Energy Alternatives, Inc. (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced a new wind energy project award valued at approximately USD 98 million. The award is for construction of the Milligan 1 Wind […] Read more
Diageo Commits to a Renewable Future in Africa Updated On Tue, Aug 6th, 2019 by Saurenergy Diageo will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are carbon and water-efficient British multinational alcoholic beverages company, Diageo has announced that it will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are the […] Read more
Nordex Receives 269 MW Order for Wind Project in the US Updated On Mon, Aug 5th, 2019 by Saurenergy Nordex has bagged an order for 56 turbines for a 269 MW wind project in the US The Nordex Group has bagged another large order for the N149 from the Delta4000 series. The order includes a total of 56 turbines as well as a two-year service contract for a 269 MW wind project in the […] Read more
US Wind Pipeline Stands at Nearly 42 GW, 736 MW Commissioned in 2nd Quarter Updated On Sat, Aug 3rd, 2019 by Saurenergy US wind pipeline development activity rose to a new high point in the second quarter of 2019, according to new data released by the AWEA US wind pipeline development activity rose to a new high point in the second quarter of 2019, according to new data released by the American Wind Energy Association (AWEA). Strong […] Read more
Enel Signs PSA Worth 3 TWh RE per Annum With AngloAmerican Updated On Fri, Aug 2nd, 2019 by Saurenergy Enel and AngloAmerican have signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year to AngloAmerican Enel, through its Chilean subsidiary Enel Generación Chile, and global mining company AngloAmerican signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year […] Read more
Focus on Energy Storage: The Technologies Leading the Charge Updated On Thu, Aug 1st, 2019 by Saurenergy Lithium-Ion batteries, at various scales, dominate the energy storage conversation. But as we can see, there are many other technologies fighting for a share of the market. To read the first part of this series, click here. So just what are the options out there for storage at scale? We take a look at the […] Read more
