REMCL Issues RfS For Procurement of Power From Solar-Wind Hybrid Projects Updated On Tue, Jun 18th, 2019 by Saurenergy REMCL has issued an RfS for procurement of renewable power through tariff based competitive bidding from wind-solar hybrid power projects. The Railway Energy Management Company Ltd. (REMCL) has issued a Request for Selection (RfS) for procurement of renewable power through tariff based competitive bidding from ISTS/InSTS connected wind-solar hybrid power projects. The ministry of New […] Read more
Vestas Secures its Largest Order in Ukraine For 164 MW Wind Project Updated On Wed, Jun 12th, 2019 by Saurenergy Denmark-based wind energy major, Vestas has secured its largest order to date in Ukraine. Long-term customer Vindkraft has placed the order with Vestas for the 164 MW wind project Myrnenska, located in the Kherson region in southern Ukraine. The contract includes supply, installation and commissioning of 39 V150-4.2 MW wind turbines, as well as a 20-year […] Read more
Greece Launches Europe’s Second Renewable Hybrid Power Project Updated On Fri, Jun 7th, 2019 by Saurenergy The Greek Island Ikaria became home to the second hybrid project in Europe after a long wait of more than 3 decades Greece’s Public Power Corp (PPC) has launched Europe’s second hybrid renewable energy park, combining wind and hydraulic power, on the island of Ikaria. The first hybrid plant was launched in 1983 on Kythnos […] Read more
Iconic Sydney Opera House Chooses Solar, Wind Energy Updated On Thu, Jun 6th, 2019 by Saurenergy On of Australia’s most iconic heritage building, Sydney Opera House will procure solar and wind energy to power its activities for the next 7 years Australia’s most iconic building Sydney Opera house has inked contracts to source wind and solar power from major projects in the state of New South Wales. Based on a power […] Read more
Unplanned Wind Turbine Repairs to Run Developers More than $8 Bn in 2019 Updated On Wed, Jun 5th, 2019 by Saurenergy Global onshore wind O&M costs will be $15 billion in 2019, of which $8.5 billion will be for unplanned repairs due to component failures, according to new research. Global onshore wind operation and maintenance (O&M) costs will reach nearly $15 billion in 2019. Of that number, 57% or $8.5 billion will be spent on unplanned […] Read more
Cost of Renewable Power Dropped to a Record Low in 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […] Read more
GERC Rules in Favour of Developer For Wheeling Charges on its Wind Project Updated On Mon, May 27th, 2019 by Saurenergy Aarvee had filed a petition with the state commission against Torrent Power and the Gujarat Energy Transmission Corporation Ltd. (GETCL). The Gujarat Electricity Regulatory Commission (GERC) in a recent hearing and subsequent order has sided with Aarvee Denims and Exports Limited (Aarvee) in the matter of wheeling of power from its wind project. In its […] Read more
Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project Updated On Thu, May 23rd, 2019 by Saurenergy The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […] Read more
Japan’s Orix Corporation to Buy Out 7 Wind Energy Farms of IL&FS Updated On Mon, May 20th, 2019 by Saurenergy The intent to buy 51 percent stake is in the exercise of Orix’s right under the terms of an existing MoU, wherein Orix can match the price offered by the highest bidder for purchasing IWEL’s stake in the wind SPVs. Japanese financial services group, Orix Corporation, which owns a minority stake of 49 percent in […] Read more
