Lightsource bp Secures $460 Million For 368-MW Utility Scale Solar Projects Updated On Fri, Jun 2nd, 2023 by Saurenergy Global renewable energy firm Lightsource bp has closed on a $460 million multi-project financing package, which will support the construction and operation of a 368 MW portfolio. This RE portfolio comprised of two utility-scale solar projects in the United States. The debt for this project has been managed by Bank of America, ING Capital, Lloyds […] Read more
Offshore Wind Projects Starting Before 2033 To Get 25 Years Of ISTS Waiver In India Updated On Mon, May 29th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has allowed a 25-year waiver of Inter-State Transmission System (ISTS) charges for early starters of offshore wind power projects. As per the notification, all the offshore projects commissioned on or before December 31, 2032, would be eligible for the long-term waiver. Besides these, the notification also confirms that […] Read more
Elawan Energy, BW Ideol Partner for Multi-GW Floating Offshore Wind Projects Updated On Mon, May 29th, 2023 by Saurenergy Construction and Engineering firm BW Ideol has signed a head of terms with Spanish clean energy major Elawan Energy for the joint development of floating offshore wind pipeline off Spain and Portugal. The two firms have not yet declared the actual capacity of the wind energy project but have said that it will of multi-GW […] Read more
GUVNL Invites Bids For 800MW Solar Projects With Greenshoe Option Updated On Tue, May 23rd, 2023 by Saurenergy Read more
GUVNL Invites Bids For 800MW Solar Projects With Greenshoe Option Updated On Tue, May 23rd, 2023 by Saurenergy Gujarat Urja Vikas Nigam (GUVNL) has invited bids for the purchase of power through a competitive bidding process (followed by reverse e-auction) from the 800 Megawatt (MW) Grid-Connected Solar Photovoltaic Power Projects to be set up in Gujarat State Electricity Corporation Ltd’s Solar Park at Khavda (GSECL Stage 2) with a Greenshoe option of additional […] Read more
Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects Updated On Fri, May 19th, 2023 by Saurenergy The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels. The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […] Read more
Ireland First Offshore Wind Auction: 3.1 GW Awarded in Four Projects Updated On Fri, May 12th, 2023 by Saurenergy Ireland has awarded four offshore wind energy projects of capacity nearing 3,100 Megawatt (3.1GW) in its first offshore wind auction conducted under Renewable Electricity Support Scheme ‘ORESS 1.’ The 1,300 MW Codling Wind Park will be owned and developed by a joint venture of Fred. Olsen Seawind and EDF Renewables. RWE has said it will […] Read more
MNREDA Issues Tender for Supply of Grid-Connected Solar & Solar Plus Battery Storage Projects Updated On Fri, May 12th, 2023 by Saurenergy MNREDA (Meghalaya New and Renewable Energy Development Agency) has issued a tender for the design, supply, installation, and maintenance of grid-connected solar and solar plus battery storage projects. The said project is under the Meghalaya Community Intervention Project. The scope of the project extends to the installation of solar LED lighting, grid improvement, and buildings. […] Read more
Verizon Materialises $1 Billion Bond For Renewable Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […] Read more
