Author: Saur News Bureau

Masdar, PT PJBI Form JV to Drive Development of Indonesia’s 1st Floating Solar Plant

Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was […]

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Apex Clean Energy Closes $200 Million Refinancing

Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on […]

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Broad Reach Power Acquires Montana Wind and Solar Projects

Broad Reach Power (“Broad Reach”), an independent power producer (IPP) based in Houston which owns a five-gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired a 250-megawatt (MW) wind project and a 250-MW solar project, both located in Montana. “I am […]

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Xcel Energy Brings Up 522-MW Wind Plant in New Mexico

The U.S. based Xcel Energy Inc. has built the 522-MW Sagamore Wind Plant, switching on its 240 turbines in the state of New Mexico. As the company says, more than USD 900 million has been invested in the wind plant which will be operational before the end of December 2020. Enlighting on the project, David […]

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Gujarat’s Borosil Renewables Raises Rs 200 Crore via QIP

Borosil Renewables has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP) India’s first and only solar glass manufacturer Borosil Renewables Ltd (BLR) has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP). As per the company’s statement, BRL has successfully completed fundraising of Rs […]

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Tata Power one of India’s Most Sustainable Companies According to SLP

Tata Power has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 according to the annual survey conducted by SLP, France. Tata Power, India’s largest integrated power utility has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 and an A+ rating, according to the annual survey conducted by Sustain Labs […]

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The 20,000th Solaris Electric Bus is Running on the Roads of Warsaw

Europe’s leading Bus manufacturer, Solaris has been producing innovative and environment-friendly buses since 1996. The company has manufactured five types of buses till now and released its 20,000th bus, the electric Urbino 18 on 15th December 2020. Manufactured in Solaris factory in Bolechowo, the electric Urbino 18 is running on the streets of Poland’s capital, […]

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Making Green Hydrogen a Cost-Competitive Climate Solution

As global economies turn increasingly carbon neutral, IRENA drives hydrogen agenda and sees renewable hydrogen at least cost possible within decade Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA) published today. A combination of falling costs for […]

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GE Renewable Energy Bags 265 MW Turbine Order From ALLETE

GE Renewable Energy has announced today a 265 MW onshore wind turbine order for ALLETE Clean Energy’s Caddo Wind farm in Oklahoma. GE Renewable Energy today announced today a 265 MW onshore wind turbine order for ALLETE Clean Energy’s Caddo Wind farm, located in Caddo County, Oklahoma. The wind farm will utilize GE’s 2.8-127 turbines. Construction on […]

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