Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia Updated On Tue, Dec 10th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […] Read more
ADB Meets Commitment to Double Annual Climate Financing to $6 bn Updated On Tue, Dec 10th, 2019 by Saurenergy ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […] Read more
Railways to Save Rs 121.5 Cr Yearly via Addl Power in 2 States from BRBCL Updated On Mon, Dec 9th, 2019 by Saurenergy In a bid to economize electricity bill and reduce operating costs, Indian Railways has started the flow of additional power from Bhartiya Rail Bijli Company Ltd (BRBCL) in the states of Bihar and Rajasthan. The Railway ministry said in a statement that, it had commenced the flow of additional 50 MW power, total 100 MW, […] Read more
Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […] Read more
Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital Updated On Sat, Dec 7th, 2019 by Saurenergy Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […] Read more
Vineyard Wind Wins Connecticut Offshore Tender With 804 MW Bid Updated On Sat, Dec 7th, 2019 by Saurenergy Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut DEEP Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut Department of Energy and Environmental Protection (DEEP) for its 2019 […] Read more
BP Increases Stake in Lightsource BP to Form a 50:50 JV Updated On Fri, Dec 6th, 2019 by Saurenergy The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […] Read more
Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […] Read more
Geronimo Energy Begins Operation on 200 MW South Dakota Wind Farm Updated On Fri, Dec 6th, 2019 by Saurenergy Geronimo Energy has announced the start of the commercial operations for its Crocker Wind Farm, a 200 MW wind energy project located in South Dakota. Geronimo Energy, a wholly-owned subsidiary of National Grid Plc, has announced the start of the commercial operations for its Crocker Wind Farm, a 200 megawatt (MW) wind energy project located […] Read more
