Facebook, Dominion Energy to Add Six New Solar Facilities Updated On Tue, Apr 23rd, 2019 by Saurenergy Further, these solar projects are expected to become operational by mid-2020 and all of them are in addition to the two previously announced 240 MW solar projects. In a bid to go green with solar, social networking giant Facebook and US-based Dominion Energy has partnered to add 6 new solar facilities with total capacity of 350 MW. […] Read more
Increased Demand For Solar Panels Pushing Up Solar Prices Updated On Tue, Apr 23rd, 2019 by Saurenergy At a time when price drops are taken for given in the long term, researchers from the University of Kent warn that high solar panel demand could lead spike in silver prices, with production costs soaring in the future. According to the researchers from Kent Business School, the rising demand for solar panels is pushing up […] Read more
Johns Hopkins University Commits to Solar Energy Updated On Tue, Apr 23rd, 2019 by Saurenergy The 15-year agreement will allow Johns Hopkins to meet roughly two-thirds of the university’s overall electricity needs with solar power. Marking the largest commitment to solar energy in Maryland and one of the most significant pledges to greenhouse gas reduction in higher education, Johns Hopkins University has entered into a long-term agreement to supply its […] Read more
Duke Energy Completes Acquisition of 150 MW Solar Project From Clearway Energy Group Updated On Tue, Apr 23rd, 2019 by Saurenergy The project becomes the companies sixth solar generation facility in Kern County. Duke Energy Renewable, a wholly-owned subsidiary of North Carolina based power holding company Duke Energy has acquired the 150-megawatt (MW) North Rosamond solar project in Kern County, California from Clearway Energy Group. The project becomes the companies sixth solar generation facility in Kern […] Read more
Senvion Signs EUR 100 Mn Loan Agreement to Avoid Bankruptcy Updated On Mon, Apr 22nd, 2019 by Saurenergy The DIP facility enables Senvion to continue its business operations following last week’s self-administration filing. Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines and its lenders and main bondholders have signed a binding loan agreement, setting forth terms for a EUR 100m debtor-in-possession (“DIP”) facility. The DIP facility has received Board […] Read more
Europe Invested EUR 27 Billion in New Wind Farms Last Year Updated On Mon, Apr 22nd, 2019 by Saurenergy Europe invested EUR 27 bn in new wind farms in 2018, which will finance a record amount of future new wind energy capacity. According to WindEurope’s annual Financing and Investment Trends report, the amount invested is similar to previous years. But, with cost reduction, especially in the offshore wind segment, the investments will finance a […] Read more
Engie Begins Work on Jumbo Hill Wind Project in Texas Updated On Mon, Apr 22nd, 2019 by Saurenergy With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […] Read more
Apple Relying on China to Meet Renewable Energy Targets Updated On Mon, Apr 22nd, 2019 by Saurenergy California-based tech major, Apple is expecting more cooperation with China on clean energy as it released its 2019 Environment Report that outlines its climate change solutions ahead of Earth Day 2019 on April 22. In the “Environmental Responsibility Report”, the company has set an ambitious goal to “make products without taking from the Earth” and is dedicated to reducing its carbon dioxide […] Read more
Nebraska-Based IPP Closes $302 Mn Financing For Wind Project in Missouri Updated On Sat, Apr 20th, 2019 by Saurenergy Vestas has been selected for supplying 111 wind turbines and providing maintenance services for the project. Leading Nebraska-based independent energy provider Tenaska has closed approximately $302 million (Rs 20 billion) in commercial financing for Tenaska Clear Creek Energy Center, a 242-megawatt (MW) wind project now under construction in Nodaway County in Northwest Missouri. “Tenaska has […] Read more
