Spruce Finance Acquires 5864 Rooftop Solar Assets Worth 31.3 MW Updated On Fri, Jan 24th, 2020 by Saurenergy Spruce Finance has completed its most significant solar portfolio acquisition to date, with the purchase of 5,864 rooftop solar assets totaling 31.3 MW Spruce Finance, one of the largest private owner and operator of residential solar assets in the US, has completed its most significant solar portfolio acquisition to date. Spruce’s purchase of 5,864 rooftop […] Read more
Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route Updated On Fri, Jan 24th, 2020 by Saurenergy Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […] Read more
India Installed 7.5 GW Utility-Scale Solar and 2.4 GW Wind in 2019 Updated On Fri, Jan 24th, 2020 by Saurenergy Renewable energy installations in India reached 86 GW at the end of 2019, and while wind is the major contributor, for now, solar is closing in fast. Renewable energy installations in India reached 86 GW as of December 31, 2019. And while wind energy is the major contributor holding nearly 44 percent share in the […] Read more
Rajasthan Tenders for Development of Transmission Lines in Solar Park Updated On Fri, Jan 24th, 2020 by Saurenergy Rajasthan Solar Park Development Company has tendered for the construction of 220 kV and 132 kV transmission lines for the Nokh Solar Park in Jaisalmer The Rajasthan Solar Park Development Company (RSDCL) has issued a tender, seeking bids from eligible firms for the construction of 220 kV and 132 kV transmission lines for the Nokh […] Read more
Jinko Signs one of its Biggest Distribution Agreements in Brazil Updated On Fri, Jan 24th, 2020 by Saurenergy Jinko Solar Holding and Aldo Solar have announced a long-term partnership in one of the most important distribution deals signed by Jinko Solar in Brazil Jinko Solar Holding, one of the largest and most innovative solar module manufacturers in the world, and Aldo Solar, which stands out among the leading distributors of solar power equipment […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
Engie to Sell 74% Stake in India Solar Portfolio to Edelweiss Updated On Thu, Jan 23rd, 2020 by Saurenergy Engie has agreed to sell a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity in India to the Edelweiss Infrastructure Yield Plus. Engie and Edelweiss Infrastructure Yield Plus (EIYP) have announced a strategic partnership for the company’s solar assets in India. In line with both Engie’s and EIYP’s strategies, Engie has […] Read more
Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia Updated On Thu, Jan 23rd, 2020 by Saurenergy Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating […] Read more
Military Engineer Services Tenders for 220 kWp Rooftop Solar Systems in Delhi Updated On Thu, Jan 23rd, 2020 by Saurenergy The Military Engineer Services has issued a tender for setting up two rooftop solar plants worth a combined 220 kWp generational capacity in Delhi The E-in-C Branch of the Military Engineer Services (MES) has issued a tender for setting up two rooftop solar plants worth a combined 220 kWp generational capacity. The first plant worth […] Read more
