PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project Updated On Wed, Oct 30th, 2019 by Saurenergy PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […] Read more
Siemens Gamesa Signs Turbine Contracts Worth 359 MW in Chile Updated On Fri, Oct 18th, 2019 by Saurenergy Siemens Gamesa has signed 3 new orders to supply wind turbines worth a combined 359 MW in Chile for the development of wind projects Siemens Gamesa has recently signed three new orders to supply 359 MW in wind turbines to undisclosed customers in Chile, setting a record high of 640 MW of orders in the […] Read more
CEEW and IEA Report on Clean Energy Investment Trends 2019 Updated On Thu, Oct 10th, 2019 by Saurenergy The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […] Read more
Carnegie Mellon University Signs Multiyear RE Agreements With Engie Updated On Tue, Oct 1st, 2019 by Saurenergy Carnegie Mellon University and Engie have agreed on multiyear energy agreements in which the university will purchase energy from a wind farm, and secure RECs Carnegie Mellon University (CMU) and Engie Resources, the North American subsidiary of French multinational electric utility Engie have announced a series of multiyear energy agreements through 2024 in which the […] Read more
Vestas Unveils Orders Worth 185 MW in Greece Updated On Sat, Sep 28th, 2019 by Saurenergy Vestas has announced that it has received orders for 185 MW of wind projects in Greece for 5 wind energy parks that will be developed across the country Vestas has announced that it has received orders for 185 MW of wind projects in Greece. Since Greece began its transition to an auction-based renewable energy system […] Read more
Will Rooftop Solar Rescue India’s Faltering Solar Target – Plus: 5 States Where The Numbers Will Matter Updated On Thu, Sep 26th, 2019 by Saurenergy Zero. That’s the number of fresh utility scale solar and wind projects commissioned in August 2019 through Solar Energy Corporation of India (SECI), India’s premier agency for executing them. While the corporation is not seeing a zero month for the first time, the fact remains that in 2016-17, when momentum was picking up sharply, not […] Read more
MNRE Issues Amendments for DRM Committee Implementation Order Updated On Wed, Sep 25th, 2019 by Saurenergy MNRE has announced the formation of Dispute Resolution Committee and issued amendments for its previous order. The government will by next week make functional a dispute resolution committee which would settle disputes of solar and wind energy projects beyond contractual agreements within 3 weeks or 21 days. In June this year, the Ministry of New and […] Read more
Dispute Resolution Committee to Give Decisions in 3 Weeks : MNRE Updated On Mon, Sep 23rd, 2019 by Saurenergy MNRE will soon make a functional dispute resolution committee for solar and wind projects beyond contractual agreements within 3 weeks The government will by next week make functional a dispute resolution committee which would settle disputes of solar and wind energy projects beyond contractual agreements within 3 weeks, a senior MNRE official has said. In […] Read more
EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan Updated On Mon, Sep 16th, 2019 by Saurenergy EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […] Read more
