Lightsource bp Closes Financing On 250 MW US Solar Project Updated On Wed, Apr 12th, 2023 by Saurenergy Lightsource bp has closed on a $327 million financing package and mobilized construction on the 313 MWdc (250 MWac) Driver Solar project located in Mississippi County, Arkansas. Lightsource bp completed development, permitted and financed the project and will construct the facility under a build-transfer agreement with Entergy Arkansas announced last year. Lightsource bp said in […] Read more
Google to Buy Wind Energy from Ørsted for US Datacenters Updated On Mon, Apr 3rd, 2023 by Saurenergy In a quest to step-up the decarbonisation of its activities, tech giant Google has signed a 150 MW PPA with Danish energy major Ørsted for the purchase of renewable energy generated by Helena Wind Farm for the next 15 years. The Ørsted wind project was commissioned last year and provides low-cost electricity to the South […] Read more
EDP Renewables Order 1.8 GW of First Solar Modules Updated On Thu, Mar 30th, 2023 by Saurenergy First Solar and EDP Renewables (EDPR) have announced a multi-year order for 1.8 GWdc of First Solar’s advanced thin film PV solar modules. The modules will be delivered up to 2028 and will power US projects developed by EDP Renewables North America. EDP Renewables currently operates 475 MW of solar projects in USA, has 1.6 […] Read more
As Inverters Become ‘Smart’ Customers Follow Suit Updated On Mon, Mar 6th, 2023 by Saurenergy Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […] Read more
EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany Updated On Wed, Mar 1st, 2023 by Saurenergy Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […] Read more
NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
Director(Business Development) Updated On Tue, Feb 21st, 2023 by Saurenergy I. COMPANY PROFILE:- GAIL (India) Limited was incorporated in August 1984 as a Central Public Sector Undertaking (PSU) under Ministry of Petroleum & Natural Gas (MoP&NG), with the Mission of “accelerating and optimizing the effective and economic use of Natural Gas and its fractions for the benefit of the national economy”. Government of India now […] Read more
ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19% Updated On Mon, Feb 20th, 2023 by Saurenergy ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […] Read more
The Top 5: Countries Offering Highest Incentives To EV Consumers Updated On Fri, Feb 17th, 2023 by Saurenergy Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […] Read more