Spruce Finance Closes $124 Mn Residential Solar Financing Package Updated On Tue, May 5th, 2020 by Saurenergy Spruce Finance has closed a USD 124 million debt financing deal for its portfolio of residential solar PPAs and leases with Vantage and Sequoia Spruce Finance, one of the largest private owner and operator of distributed generation solar and residential energy assets in the US, has closed a USD 124 million debt financing deal for its portfolio of residential […] Read more
SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects Updated On Tue, May 5th, 2020 by Saurenergy SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […] Read more
5th Extension for SECI’s 4 MW Floating Solar Plus BESS Tender Updated On Tue, May 5th, 2020 by Saurenergy Extension of the tender for 4 MW floating solar with 2 MW/ 1 MWh BESS in North Andaman. This is now the fifth such extension in SECI’s tender. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power developers […] Read more
Vivint Solar Adds $50 Mn Capacity to Tax Equity Commitments Updated On Sat, May 2nd, 2020 by Saurenergy Vivint Solar has announced it has secured additional tax equity commitments of USD 50 million from a repeat tax equity investor. Vivint Solar, a leading full-service residential solar provider in the United States, has announced it has secured additional tax equity commitments of USD 50 million from a repeat tax equity investor. This commitment will support further investments in leases […] Read more
India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
Ørsted and Nestlé Sign15-Year Offshore Wind PPA Updated On Tue, Apr 28th, 2020 by Saurenergy Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm. Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […] Read more
Leeward Closes $162.9 Mn Financing for Wind Farm in Colorado Updated On Fri, Apr 24th, 2020 by Saurenergy US-based independent renewable energy power producer Leeward Renewable Energy (Leeward) has completed USD 162.9 million financings for its 170 MW Mountain Breeze wind farm in Colorado. Leeward is owned by OMERS Infrastructure, the infrastructure arm of one of Canada’s largest defined benefit pension plans. Further, the company will develop, own and operate this wind energy […] Read more
DSM Signs Largest Renewable Energy PPAs with EDPR, Origis Energy Updated On Thu, Apr 23rd, 2020 by Saurenergy Dutch multinational active in nutrition, health and sustainable living, Royal DSM has inked its largest renewable energy (RE) Power Purchase Agreements (PPAs) to date with EDPR and Origis Energy in Europe and USA respectively. With the signing of the PPA with EDPR, the company will source renewable power from 1 wind energy and 2 solar […] Read more
EDF to Develop Integrated Solar, Storage and EV System for Cubic Corp Updated On Thu, Apr 23rd, 2020 by Saurenergy EDF will design, build, own and operate an integrated energy system consisting of solar, storage and EV charging stations at no up-front costs for Cubic EDF Renewables North America has announced that it has finalised an agreement with Cubic Corporation to design, build, own and operate an integrated energy system consisting of solar, storage and […] Read more
