8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects Updated On Tue, Jun 2nd, 2020 by Saurenergy 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […] Read more
Longroad Energy Selected for 160 MW Solar With 640 MWh BESS in Hawaii Updated On Mon, Jun 1st, 2020 by Saurenergy Longroad Energy has been selected by the Hawaiian Electric Company to begin developing two utility-scale solar and battery storage projects in Hawaii Longroad Energy has been selected by the Hawaiian Electric Company (HECO) to begin developing two utility-scale solar and battery storage projects for completion in 2023 in the state of Hawaii. The two projects […] Read more
IEX Follows PXIL in Launching RTM for Electricity Transactions Updated On Mon, Jun 1st, 2020 by Saurenergy IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […] Read more
Excelsior, Unico Form Partnership to B-O-O 250 MW of Solar Projects Updated On Fri, May 29th, 2020 by Saurenergy Excelsior Energy Capital and Unico Solar Investors have closed on a long-term partnership to build, own and operate a 250 MW pipeline of C&I solar projects Excelsior Energy Capital, a leading independent North American renewable energy investor, and Unico Solar Investors, a solar energy systems developer and investor, have announced the closing of a long-term programmatic joint-venture […] Read more
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more
Engie in Final Talks with Hawaiian Electric for Solar plus Storage Project Updated On Mon, May 25th, 2020 by Saurenergy French multinational electric utility Engie said that its project has been selected by the US-based Hawaiian Electric as one of the 16 in the final award group for the stage 2 variable renewable dispatchable generation and energy storage projects. Further, the proposed project, a 60 MWAC solar energy + 240 MWh of the battery storage […] Read more
Cochin Port Trust Seeks Developers for 1.5 MW Floating Solar Project Updated On Fri, May 22nd, 2020 by Saurenergy State-owned Cochin Port Trust has issued an electronic tender inviting bids for setting up of 1.5 MWp grid connected floating solar photovoltaic (PV) power project at CoPT. The scope of project work includes site survey, design, engineering, manufacture, supply, storage, civil work, erection, testing, commissioning of this grid connected floating solar project in the Backwaters […] Read more
Enel Brings Online Three new Wind Farms in North America Updated On Fri, May 22nd, 2020 by Saurenergy Enel has begun operating a 50 MW expansion of the High Lonesome wind farm in Texas, and its 105 MW Riverview & 29.4 MW Castle Rock Ridge II wind farms in Canada Enel, through its US renewable subsidiary Enel Green Power North America, has begun operating a 50 MW expansion of the High Lonesome wind […] Read more
Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal Updated On Fri, May 22nd, 2020 by Saurenergy The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […] Read more
