Solar Tariffs Drop to a new low of Rs 1.99/kWh in Latest Gujarat Auction Updated On Mon, Dec 21st, 2020 by Saurenergy The latest round of auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a new low of Rs 1.99/kWh in India. The latest round of auctions conducted by the Gujarat Urja Vikas Nigam Limited’s (GUVNL), for 500 MW worth of solar projects to be developed in the state, has […] Read more
Masdar, PT PJBI Form JV to Drive Development of Indonesia’s 1st Floating Solar Plant Updated On Sat, Dec 19th, 2020 by Saurenergy Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was […] Read more
Broad Reach Power Acquires Montana Wind and Solar Projects Updated On Sat, Dec 19th, 2020 by Saurenergy Broad Reach Power (“Broad Reach”), an independent power producer (IPP) based in Houston which owns a five-gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired a 250-megawatt (MW) wind project and a 250-MW solar project, both located in Montana. “I am […] Read more
The Top 5 PSUs With Big Solar Plans For India Updated On Fri, Dec 18th, 2020 by Saurenergy India’s electricity mix is where the country hopes to make the biggest gains, when it comes to its contribution to cutting carbon emissions. Currently, the country’s sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural […] Read more
Taaleri’s SolarWind II Fund Sees Third Close at EUR 320 Million Updated On Fri, Dec 18th, 2020 by Saurenergy The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The third-close investors include Obligo Global Infrastuktur II Fund, YLE Pension Fund, the Nordic Environment Finance Corporation (NEFCO), institutional […] Read more
Tata Power one of India’s Most Sustainable Companies According to SLP Updated On Fri, Dec 18th, 2020 by Saurenergy Tata Power has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 according to the annual survey conducted by SLP, France. Tata Power, India’s largest integrated power utility has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 and an A+ rating, according to the annual survey conducted by Sustain Labs […] Read more
Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind Updated On Thu, Dec 17th, 2020 by Saurenergy Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […] Read more
Cubico to Acquire European RE Platform Grupo T-Solar From I Squared Capital Updated On Thu, Dec 17th, 2020 by Saurenergy I Squared Capital has an agreement to sell its European renewables platform Grupo T-Solar to Cubico Sustainable Investments Ltd I Squared Capital, a leading global infrastructure investment manager, has announced that it has entered into an agreement to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, the renewable energy specialist jointly owned by Ontario Teachers’ […] Read more
Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA Updated On Wed, Dec 16th, 2020 by Saurenergy IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […] Read more