Author: Saur News Bureau

Ørsted Appeals Against Danish Tax Agency Decision on 2 Offshore Wind Farms in the UK

Today, Ørsted received an administrative decision from the Danish Tax Agency requiring Danish taxation of the company’s British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016. The Danish Tax Agency’s claim amounts to DKK 5.1 billion, plus interest amounting to DKK 1.5 billion. According to the decision, Ørsted is to […]

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Capital Dynamics Achieves Financial Close on 383 MW Eagle Shadow Mountain Solar Project

Capital Dynamics, an independent global private asset management firm, is pleased to announce that its Clean Energy Infrastructure (CEI) business has achieved financial close on a 383 megawatt (MWdc) solar photovoltaic project, located on the Moapa River Indian Reservation in Nevada. This transaction represents the financial close for the Eagle Shadow Mountain project and builds […]

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Tata Nexon EV Crosses 2000 Sales Milestone

Tata Motors has announced that its flagship electric vehicle, the Nexon EV, has surpassed the 2000 sales milestone. Tata Motors has announced that its flagship electric vehicle, the Nexon EV, has surpassed the 2000 sales milestone. The firm states that in over 10 months, since launch, the sales of the Nexon EV reached 2200 units […]

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DSD Acquires 17 MW Community Solar Portfolio in New York from Source Renewables

Distributed Solar Development (DSD) has acquired a three-project, 17 MW community solar portfolio from Source Renewables, a New York State developer focused on community solar assets. The three projects, one of which includes solar and storage, were developed by Source Renewables from greenfield, and are expected to reach commercial operation next summer. “DSD was drawn to […]

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ReneSola Power Inks Solar-Plus-Storage Power Purchase Agreement with Valley Clean Energy

ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, announced today that it signed a power purchase agreement (“PPA”) for a solar and battery system with Northern California-based Valley Clean Energy (“VCE”), a public electricity provider serving over 125,000 customers in cities of Woodland and Davis, and Unincorporated Yolo County. The project is located […]

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Urgent Action Needed for the Energy Transition in Heating and Cooling

Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies. The transition to cleaner, more sustainable heating and cooling solutions can attract investment, create millions of new jobs and help to drive a durable economic recovery in the wake of […]

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ADM Capital Launches Emerging Asia Renewable Energy Debt Fund

ADM Capital has received a USD 100 million seed commitment from AIIB to launch a new Asia-focused debt fund dedicated to renewable energy Hong Kong-headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment – ADM Capital has announced that it has received a USD 100 million seed commitment from the Asian […]

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Jinko Makes A Case For Its 182 mm Modules

Building on the consensus it has with other leaders like Longi Solar and JA Solar, on going with the 182mm size for future module shipments in 2021, Jinko Solar has been at pains to communicate that the larger modules are not just about higher output, but also overall lowering of the LCOE (Levelised cost of […]

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IRENA and Ocean Energy Europe Partner to Drive Ocean Energy Industry

New IRENA reports forecast a 20-fold growth potential of ocean energy by 2030, providing coastal communities with a climate-safe roadmap for COVID-19 recovery The CEO of Ocean Energy Europe (OEE), Rémi Gruet and the Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, signed a Memorandum of Understanding (MoU) today at the annual Ocean Energy Europe […]

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