Sakuraenergy’s new RE Generation System Requires Only 1 Sq Mtr to Produce Electricity Updated On Tue, Sep 17th, 2019 by Saurenergy Sakuraenergy has developed an all-new generation system for renewable energy (RE), PARASOLA with a compact size that requires only 1 sq. mtr. Japan-based Sakuraenergy has announced that it has developed an all-new generation system for renewable energy, PARASOLA, which is equipped with a motor power generator/power storage battery package that supplies electricity around the clock. […] Read more
IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects Updated On Tue, Sep 17th, 2019 by Saurenergy Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […] Read more
Total, Envision JV to Take on Distributed Solar Energy Market in China Updated On Mon, Sep 16th, 2019 by Saurenergy Total and Envision have partnered to develop on-site distributed generation solar projects for B2B customers in China. TEESS, a 50/50 joint venture company, established by French multinational integrated oil and gas company Total and the Envision Group, a global leading smart energy technology company, has announced the launch of its commercial activity to develop on-site […] Read more
Siemens Gamesa Begins Negotiations for Senvion’s European Assets Updated On Mon, Sep 16th, 2019 by Saurenergy Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […] Read more
Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
APS in Arizona Issues RfP for 400 MW of Solar and Wind Energy Resources Updated On Mon, Sep 16th, 2019 by Saurenergy The Arizona Public Service Co. (APS) has announced that it has issued two separate RfP for solar and wind energy resources worth a combined 400 MW The Arizona Public Service Co. (APS), the largest and longest-serving electric company in the state has announced that it has issued two separate Request for Proposals (RfP) for solar […] 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
ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan Updated On Mon, Sep 16th, 2019 by Saurenergy ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […] Read more
ACT to Auction for 250 MW Renewable Plus Storage Projects Updated On Mon, Sep 16th, 2019 by Saurenergy The Australian Capital Territory (ACT) will conduct a new reverse auction for the construction of up to 250 MW of new renewable energy and storage projects. The Australian Capital Territory (ACT), has announced that it an attempt to ensure that the ACT remains 100 percent powered by renewable electricity, it will conduct a new reverse […] Read more