Spruce Finance Secures $208 Million for Residential Solar Assets Updated On Thu, May 2nd, 2019 by Saurenergy Spruce Finance owns and operates a growing portfolio of distributed generation solar and residential energy assets in the U.S. Headquartered in Houston with executive offices in San Francisco. Distributed generation solar plants operator Spruce Finance, a leading owner and operator of residential energy assets in the U.S., has announced the successful closing of a $208 […] Read more
Enel Brings Online its First Solar Facility in Zambia Updated On Thu, May 2nd, 2019 by Saurenergy Upon completion, the facility is expected to produce around 70 GWh of electricity every year, while avoiding the annual emission of over 25,600 tons of CO2 into the atmosphere. Enel Green Power, the Enel Group’s global business line dedicated to renewable energy, has started operations of the 34 MW Ngonye solar PV plant, which is the Group’s […] Read more
Ørsted Takes FID on Two Offshore Wind Farms in Taiwan Updated On Wed, May 1st, 2019 by Saurenergy Denmark-based power company has announced that it has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently, Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff […] Read more
MERC Approves 16 MW Solar Project in Amaravati Updated On Tue, Apr 30th, 2019 by Saurenergy The commission approved the proposed 16 MW solar PV power project at Gavankund in the Amaravati district of the state. The Maharashtra Electricity Regulatory Authority (MERC) was hearing of a petition filed by Maharashtra State Electricity Distribution Company Limited (MSEDCL) and Maharashtra State Power Generation Company Limited (MSPGCL) regarding the approval of tariff for the 150 […] Read more
US Wind Pipeline Grew by 6.14 GW in the Q1 2019: Report Updated On Sat, Apr 27th, 2019 by Saurenergy A burst of new wind farm announcements in the first quarter of 2019 propelled the total volume of U.S. wind power construction and development activity to a record level according to the newly released U.S. Wind Industry First Quarter 2019 Market Report. The American Wind Energy Association’s (AWEA) report reveals that U.S. project developers announced new wind […] Read more
Hero Future Energies and IFC to Invest $243.3 Mn in Rajasthan Solar Project Updated On Fri, Apr 26th, 2019 by Saurenergy The project will be supported by the World Bank’s International Finance Corporation (IFC), which will invest around $43.3 million (Rs 300 crore). Hero Future Energies Global (HFE), the clean energy arm of the Hero Group has revealed its plans to invest close to $200 million (Rs 1404 crore) for its latest solar project in Rajasthan. The company […] Read more
MERC Partially Approves MSEDCL’s Petition to Reduce Solar Tariff Updated On Thu, Apr 25th, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission recently heard a petition filed by the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) relating to the adoption of tariff for long term procurement of solar power. In its petition, MSEDCL was seeking review of the Commission’s previous order relating to the adoption of tariff discovered for long term procurement […] Read more
Engie Begins Work on Jumbo Hill Wind Project in Texas Updated On Mon, Apr 22nd, 2019 by Saurenergy With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […] Read more
Nebraska-Based IPP Closes $302 Mn Financing For Wind Project in Missouri Updated On Sat, Apr 20th, 2019 by Saurenergy Vestas has been selected for supplying 111 wind turbines and providing maintenance services for the project. Leading Nebraska-based independent energy provider Tenaska has closed approximately $302 million (Rs 20 billion) in commercial financing for Tenaska Clear Creek Energy Center, a 242-megawatt (MW) wind project now under construction in Nodaway County in Northwest Missouri. “Tenaska has […] Read more
