Andhra Government Makes Key Amends to its Energy Policies Updated On Tue, Nov 19th, 2019 by Saurenergy The state government of Andhra Pradesh has made several key changes to its policies on solar, wind and hybrid power The Andhra Pradesh government has made several key changes to its policies on solar, wind and hybrid power, primarily withdrawing the facility for energy banking and drawal that was purportedly causing a huge financial drain on the […] Read more
Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years Updated On Fri, Nov 15th, 2019 by Saurenergy In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […] Read more
Canadian Solar Partners up for 370 MW Mexico Solar Portfolio Updated On Fri, Nov 15th, 2019 by Saurenergy Canadian Solar has sold 49 percent interest in three solar projects in Mexico totalling 370 MWp to KEPCO and Sprott Korea Canadian Solar, one of the world’s largest solar power companies, has announced that it has sold 49 percent interest in three solar photovoltaic projects in Mexico totalling 370 MWp (294 MWac) to Korea Electric Power Corporation (KEPCO), South Korea’s largest electric […] Read more
Vivint Solar to Offer Solar + Storage PPA in California Updated On Wed, Nov 13th, 2019 by Saurenergy Vivint Solar is launching a new PPA option that includes one simple rate for both solar and battery storage in California. Vivint Solar, a leading full-service residential solar provider in the United States, wants homeowners to have the power to choose the kind of experience they get from their energy provider and is now launching […] Read more
Distributed Energy Launches Platform to Connect RE Projects with Investors; Raises Rs 10 Cr Updated On Mon, Nov 11th, 2019 by Saurenergy The platform has already delivered 5 MW of energy to many companies in Southern India and Rwanda, it added. Distributed Energy, a renewable energy aggregator with a focus on the Indian market, on Monday has launched one of its kind unique platform for connecting credible renewable energy projects with investors. The company, which was co-founded by Mathew […] Read more
Excelsior Acquires 109 MW Wind Energy Portfolio From Invenergy Updated On Fri, Nov 8th, 2019 by Saurenergy Excelsior has acquired 90.1 percent of Invenergy’s sponsor equity interests in the combined 109 MW Prairie Breeze II and III wind energy projects in Nebraska. Excelsior Energy Capital, a leading independent North American renewable energy investor, has announced that its North American Renewable Energy Fund has executed definitive agreements for the acquisition of 90.1 percent […] Read more
McDonald’s Signs its First Large Scale Renewable PPA Updated On Fri, Nov 8th, 2019 by Saurenergy McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […] Read more
RWE Secures 30-Year PPA for its 195.5 Solar Plus Storage Facility Updated On Thu, Nov 7th, 2019 by Saurenergy RWE Renewables has announced that it has entered into a 30-year PPA with Georgia Power for the sale of power from the 195.5 MW Broken Spoke Solar project. Photovoltaics within the US division of RWE Renewables is picking up speed and the firm has now announced that it has entered into a 30-year power purchase […] Read more
Installation of Additional Solar DC Capacity to be Left on Developers: MNRE Updated On Wed, Nov 6th, 2019 by Saurenergy MNRE has stated that as long as the solar plants are in accordance with the contracted AC capacity, installation of DC capacity should be left to developers In a decision that will come as a relief for solar power developers in the country, the Ministry of New and Renewable Energy (MNRE) has issued an advisory/clarification […] Read more