Wind and Solar Cheapest Form of New Energy Capacity Addition Globally: Study Updated On Tue, Nov 20th, 2018 by Saurenergy The new best in class solar and wind plants cost half of what coal plants used to cost, including in China and India In all the major economies around the world, wind and solar have become the cheapest source of new energy capacity addition, a study found. The new best in class solar and wind […] Read more
Solar Energy Sector Losing Sheen With Developers Shunning Projects Updated On Mon, Nov 19th, 2018 by Saurenergy Solar Energy Corporation of India (SECI) issued tenders for 1,200 megawatt (MW) of wind-solar hybrid scheme and 10,000 MW solar tender linked to manufacturing units Once touted as the sunrise sector, solar energy industry is losing is its sheen with developers showing reluctance towards bidding for projects. Solar Energy Corporation of India (SECI) issued tenders […] Read more
MNRE circulates draft Indian Wind Turbine Certification Scheme (IWTCS) Updated On Tue, Nov 13th, 2018 by Saurenergy Ministry of New and Renewable Energy, in consultation with National Institute of Wind Energy Chennai, has prepared a draft of new Scheme called Indian Wind Turbine Certification Scheme (IWTCS) incorporating various guidelinesTurbine Certification Scheme (IWTCS). The IWTCS is a consolidation of relevant National and International Standards (IS/IEC/IEEE), Technical Regulations and requirements issued by Central Electricity […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more
GCL Strengthens Solar Projects Within ‘Belt and Road’ Countries Updated On Tue, Oct 23rd, 2018 by Saurenergy At the 2018 International Forum on Energy Transitions (the “Forum”) in Suzhou, China, Mr. Zhu Gongshan, Chairman of GCL Group (the “Group”), and Mr. Luo Xin, President of GCL System Integration Technology Co., LTD. (SZ: 002506) (“GCL-SI”), the world’s leading one-stop solutions provider for solar projects, offered an update on the Group’s growth and expansion in […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
Sembcorp Commissions 250 MW Wind Project; Beats SECI Timeline Updated On Sat, Oct 6th, 2018 by Saurenergy The wind power project was dedicated to the nation by Minister of State (IC) for Power and New & Renewable Energy, Raj Kumar Singh at the 2nd Global RE-INVEST summit. Sembcorp Energy India (SEIL) and Suzlon Group has completed the 250 MW wind power project, which is the first among all SECI auctioned wind […] Read more
MSEDCL, Regulator to Consult Wind Power Players for Zone Disputes: Bombay HC Updated On Mon, Sep 24th, 2018 by Saurenergy The high court’s decision came out as a relief for the developers as it affirmed that the authority would make sure that the developers are heard before any decision is made regarding the reclassification of wind power zones. Bombay High Court has directed Maharashtra’s discom Maharashtra State Electricity Distribution Company (MSEDCL) and the state’s electricity […] Read more
Mytrah Energy to Set 300MW Wind Project to Power SECI Updated On Mon, Sep 17th, 2018 by Saurenergy Mytrah Energy’s winning bid for 300MW of capacity was part of the fourth tranche of SECI ISTS wind reverse auctions in which a total of eleven companies had participated. Adding weight to its portfolio, Mytrah Energy has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for setting up a 300 MW […] Read more
