Canadian Solar Sells its 20% Stake in Brazil’s Solar Complex Updated On Wed, Dec 26th, 2018 by Saurenergy Canadian Solar had previously sold 80% interest in the portfolio to EDF Renewables at construction-ready stage. Canadian Solar has announced that it has completed the sale of its 20% interest in the 399 MWp Pirapora solar complex in Brazil to Omega Geracao S.A.(Omega), a leading Brazilian renewable energy company dedicated exclusively to operational assets. Canadian […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
Sterlite Power Bags $600 Mn Transmission Project in Brazil Updated On Mon, Dec 24th, 2018 by Saurenergy The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […] Read more
Green Street Partners Develops 3-MW Community Solar Project in US Updated On Sat, Dec 22nd, 2018 by Saurenergy Participation in the Community Solar Project was limited to the first 400 qualified applicants who signed up and whose accounts were in good standing. Green Street Power Partners has completed the construction of a 3 MW community solar project, located on a landfill in Raynham, Massachusetts. The plant will benefit the consumers of Taunton Municipal […] Read more
Wells Fargo Gives $500,000 Grant for Developing Green Energy Updated On Sat, Dec 22nd, 2018 by Saurenergy In addition to rooftop solar, the grant will expand the amount of open public space available to residents of the Northeast Valley. The Wells Fargo Foundation has announced a grant of $500,000 to a broad-based coalition aimed at attracting clean energy investments, stimulate local workforce and combat air quality issues. The grant will support the […] Read more
Vestas Signs 58 MW EPC Contract for Australian Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy Cherry Tree Wind Farm has been developed by Vestas’ long term Australian customer Infigen Energy and sold to the John Laing Group. Vestas, global wind turbines provider, has signed 58 MW engineering, procurement and construction (EPC) contract for the Cherry Tree Wind Farm, located near Seymour in Victoria, Australia. Cherry Tree Wind Farm has been […] Read more
Washington D.C. Sets Aggressive Renewable Energy Targets Updated On Wed, Dec 19th, 2018 by Saurenergy The bill known as Clean Energy DC Omnibus Amendment Act of 2018 sets the target of meeting the energy needs of D.C. with 100% renewable energy by the year 2032. The City Council of Washington D.C. has unanimously voted to make D.C. 100% renewable energy dependent by the year 2032. The bill known as Clean […] Read more
Community Energy Signs 70 MW PPA in Adams County Updated On Wed, Dec 19th, 2018 by Saurenergy The solar farm, named Adams Solar LLC, will produce enough electricity to operate 22 percent of Philadelphia government buildings by 2020. Leading clean energy developer ‘Community Energy’ announced the approval of a 70 MW solar power purchase agreement in Adams County, Pennsylvania to power government facilities in Philadelphia. The solar farm, named Adams Solar LLC, […] Read more
AB InBev and Lighthouse BP Clinch Deal for 100 MW Solar Power Plant Updated On Wed, Dec 19th, 2018 by Saurenergy With a capacity of 100 MW, the deal is claimed to be the largest ever unsubsidised solar deal in the history of UK. From 2020, Budweiser, the British brewed beer manufactured by AB InBev, will be created using solar energy. Lightsource BP has signed a deal with AB InBev for developing and operating subsidy free […] Read more