Lightsource BP Secures Debt Facility for 250 MW Solar Cluster in Spain Updated On Tue, Feb 4th, 2020 by Saurenergy Lightsource BP has signed a senior debt facility with NatWest Markets to fund its first Spanish solar project cluster of 250 MW in the province of Zaragoza. Lightsource BP, a global leader in the development, financing, and operation of solar power projects has announced that it has signed a senior debt facility with NatWest Markets […] Read more
Ofgem Unveils ‘Decarbonisation Action Plan’ to Support RE, EVs in Britain Updated On Tue, Feb 4th, 2020 by Saurenergy Ofgem has unveiled its ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables and 10 million EVs on British roads by 2030 Britain’s energy market regulator Ofgem (Office of Gas and Electricity Markets) has unveiled its new ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables (RE) […] Read more
BPCL Enters EV Business With Swappable Li-Ion Battery Supply Updated On Tue, Feb 4th, 2020 by Saurenergy BPCL has launched ‘e-drive initiative’, bringing an on-stream supply of swappable li-ion batteries at its retail outlets in Kochi and Lucknow Eyeing opportunities in the wake of disruption expected from electric vehicles (EV), oil major Bharat Petroleum Corporation Limited (BPCL) has launched an ‘e-drive initiative’ an electric three-wheeler mobility model. Partnering with electric vehicle-maker Kinetic […] Read more
Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
Renew Financial Sells Residential PACE Assets for $160 Million Updated On Mon, Feb 3rd, 2020 by Saurenergy Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […] Read more
Toyota, Panasonic Form JV Specialising in Prismatic Batteries Updated On Mon, Feb 3rd, 2020 by Saurenergy Toyota and Panasonic have decided to establish a JV specialising in automotive prismatic batteries with Toyota holding a majority 51 percent stake. Toyota Motor Corporation and the Panasonic Corporation have announced that they have decided to establish Prime Planet Energy & Solutions, a 51:49 joint venture (JV) specialising in automotive prismatic batteries. Toyota owns a […] Read more
Innogy Builds its 1st Battery Storage Facility in Ireland Updated On Mon, Feb 3rd, 2020 by Saurenergy innogy SE has announced that it has taken the final investment decision (FID) for a large-scale battery storage facility in Ireland innogy SE has announced that in advancing its renewables business by moving into battery storage technology in Ireland, it has taken the final investment decision (FID) for a large-scale battery storage facility in the […] Read more
Ørsted Planning to Become Carbon Neutral by 2025 Updated On Mon, Feb 3rd, 2020 by Saurenergy Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […] Read more
MERC Offers Extension to 9 Wind Generators to Install Special Energy Meters Updated On Mon, Feb 3rd, 2020 by Saurenergy MERC has approved the petition filed by 9 wind energy generators, granting a period of 3 months for installation of individual Special Energy Meters The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by nine renewable (mainly wind) energy generators, granting an extended period of 3 months for completing […] Read more
