Renesola Sells North Carolina Solar Project to Greenbacker Updated On Wed, Jun 20th, 2018 by Saurenergy As per the deal, this project will sell all power generated to the local utility under a 15-year purchase agreement. Chinese solar company ReneSola has sold its utility-scale North Carolina project to New York-based Greenbacker Renewable Energy Company. This North Carolina solar project has a capacity of 6.75 MW and represents the Chinese company’s second project sale to Greenbacker, following […] Read more
Higher RPOs to Help India Meet 175 GW Renewable Target, says Greenpeace Updated On Wed, Jun 20th, 2018 by Saurenergy It further added that, MNRE’s recently announced Kusum scheme to promote solar arrays connected to irrigation pumps can play a key role in helping states fulfil their RPOs. Greenpeace India said that 21 per cent target of Renewable Purchase Obligation (RPO) by 2022 will be helping India in meeting the renewable energy goal of 175 GW till 2022, […] Read more
GCL New Energy Inks PPA for 110 MW Solar Project in Colorado Updated On Fri, Jun 15th, 2018 by Saurenergy Further, this project is located on 611 acre site 35 miles east of Denver, Colorado where the land is flat and has good irradiance. Clean energy conglomerate GCL Group arm GCL New Energy has inked a long-term power purchase agreement (PPA) with Intermountain Rural Electric Association (IREA) for its Pioneer 110 MW greenfield project in Colorado. Further, this […] Read more
Samsung to Increase Renewable Energy Use to Curb Global Warming Updated On Thu, Jun 14th, 2018 by Saurenergy Samsung, the world’s biggest smartphone maker, and South Korea’s biggest corporate group, is the first electronics manufacturer to join a movement spearheaded by Apple and other Silicon Valley companies. In order to help in curbing the global warming, Samsung Electronics join the global list of companies that are promising to increase their use of solar and other renewable […] Read more
Scorchio – Solar Energy is on the Up So too are Associated O&M Costs Updated On Wed, Jun 13th, 2018 by Saurenergy The Early May Bank Holiday weekend saw record temperatures across the UK, with many southern and eastern counties experiencing hotter weather than the Mediterranean. Such was the weekend heatwave that solar power transpired to be the dominant energy source between 12.15 and 3.15 on the Sunday, producing more power that the conventional energy generation sources, […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
India Intends to Partner with UN to Promote Solar Energy Updated On Thu, Jun 7th, 2018 by Saurenergy While expressing his optimism and hope Syed said that by the next year’s World Environment Day commemoration, solar energy will be part of the energy mix used in the UN headquarters. As part of the efforts to protect and preserve the environment, India’s Permanent Representative to the UN Syed Akbaruddin said, that the country aims […] Read more
Beer Giant AB InBev’s Mysore Unit Goes Green; Inks Pact with Canadian Firm Updated On Thu, Jun 7th, 2018 by Saurenergy The brewery in Mysore manufactures beer brands especially Budweiser, Knock out and Beck’s Ice, is the company’s third unit in the world that has shifted to the renewable source to meet its energy demands. The other two are in the US. The Mysore unit of World’s biggest beer giant Anheuser-Busch (AB InBev) in Karnataka has shifted from […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
