Growth in Number of Profitable DRE Enterprises in FY 2019/20: Report Updated On Fri, Nov 27th, 2020 by Saurenergy A new report surveying 63 DRE businesses showed that there was a growth in the number of profitable RE businesses in FY 2019/20. The fourth edition of the ‘State of the Decentralized Renewable Energy Sector in India 2019/20’ report was recently launched by the CLEAN Network, in an attempt to present an overview of the […] Read more
UNDP and Invest India Identify 18 Investment Areas In SDG Map Updated On Thu, Nov 26th, 2020 by Saurenergy UNDP and Invest India have launched the SDG Investor Map for India, laying out 18 Investment Opportunities Areas (IOAs) in six critical SDG enabling sectors, that can help India push the needle forward on Sustainable Development. The partnership with UNDP India to develop the first-ever ‘SDG Investor Map for India’ will be an instrumental stride […] Read more
Bruc and Solarpack open a 100 MW photovoltaic plant in Extremadura Updated On Thu, Nov 26th, 2020 by Saurenergy The solar energy plant will generate enough energy for 40,000 homes and will save 53,000 tons of CO2 emissions a year. Bruc Iberia Energy Investment Partners, a renewable energy investment fund manager, and Solarpack Corporación Tecnológica (“Solarpack”), a Getxo-based solar photovoltaic (PV) multinational, today opened a 100-MW PV plant in Alvarado-La Risca, Badajoz (Extremadura, Spain). […] Read more
TEXEL Signs an Agreement with ASU to Move new Battery Tech Towards Commercialisation Updated On Wed, Nov 25th, 2020 by Saurenergy The battery technology development company, TEXEL Energy Storage (TEXEL), and Arizona State University (ASU) have signed a cooperation agreement with the purpose to bring a new battery technology towards commercialization in the United States. The new battery technology that is originally developed by Savannah River National laboratory (SRNL), is potentially much more cost effective than Lithium-Ion batteries in […] Read more
ReneSola Power Announces Closing of Sale of 4.3 MW Solar Projects in the UK Updated On Wed, Nov 25th, 2020 by Saurenergy ReneSola Ltd (NYSE: SOL) (“ReneSola Power” or the “Company”), a leading fully-integrated solar project developer, today announced the closing of the sale of a portfolio of operating projects located in the United Kingdom to Atmosclear Investments Ltd, an European renewable energy and cleantech private equity group. The portfolio comprises 1,509 residential rooftop projects located in Scotland, with a combined […] Read more
Dubai’s 5GW Solar Park On Track With 3rd Phase Opening Updated On Wed, Nov 25th, 2020 by Saurenergy The Dubai Water and Electricity Authority (DEWA) has formally announced the official opening of the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park (MBRAM). Named after the UAE’s Prime Minister and Vice President, Sheik Mohammed bin Rashid Al Maktoum himself came to do the honours. With the latest opening, the park’s […] Read more
Boralex to Acquire Interests in 7 Solar Plants in the US Updated On Tue, Nov 24th, 2020 by Saurenergy Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) and certain other investors to acquire their controlling interests in seven solar plants, located in the United States, for a […] Read more
Meteorological Factors Caused Unexpected Drop in India’s Wind Production: Analysis Updated On Tue, Nov 24th, 2020 by Saurenergy Wind power production in India in Q2 and Q3 saw an unexpected drop due to low wind speeds caused by regional and global meteorological factors. A new analysis by US-based consultancy firm, ArcVera Renewables has found that wind power production in India in the second (Q2) and third quarter (Q3) of the current financial year saw an unexpected […] Read more
Solar Loans Securitisation. Loanpal Raises $400 Million In US Updated On Tue, Nov 24th, 2020 by Saurenergy Almost no infra sector can grow without access to finance, and this is as true of residential solar as anything else. If the Auto and housing sector exploded on the back of better access to finance, then the residential solar sector, at least in the US, seems to be going the same way. And now, […] Read more
