India Wind Targets are Sensitive to Policy and Regulations: GWEC Updated On Wed, Jun 3rd, 2020 by Saurenergy India is the world’s fourth-largest onshore wind market by installations, with 37.5 GW of capacity as of 2019. The technical potential at 120-meter hub height is a whopping 695 GW, according to the National Institute of Wind Energy, and the government has set a wind capacity target of 60 GW by 2022 and 140 GW […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
IRENA Report on Renewable Power Generation Costs in 2019 Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
PFC Incorporates 5 SPVs for Evacuating Renewable Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […] Read more
AES Selected for 2 Solar Plus Storage Projects in Hawaii Updated On Tue, Jun 2nd, 2020 by Saurenergy AES Distributed Energy has been selected by HECO to develop and operate two new utility-scale solar plus storage facilities on O’ahu, Hawaii. AES Distributed Energy (AES DE), a division of the AES Corporation, has been selected by the Hawaiian Electric Company (HECO) to develop and operate two new utility-scale solar plus storage facilities on O’ahu, Hawaii. Combined, these two projects are expected to generate a total […] Read more
EDF, Enbridge & wpd Begin Construction at 500 MW Offshore Wind Farm Updated On Tue, Jun 2nd, 2020 by Saurenergy EDF Renewables, Enbridge, and wpd have announced the launch of the 500 MW Fécamp offshore wind farm off the coast of northwest France. EDF Renewables, a subsidiary of the EDF Group, Enbridge, a leading energy infrastructure company in North America, and wpd, a European renewable energy company, have announced the launch of the 500 MW Fécamp offshore wind […] Read more
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
Risen Energy Reaffirmed as Leading Modules Supplier in India by BTI Updated On Tue, Jun 2nd, 2020 by Saurenergy Risen Energy has announced that it has been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by Bridge To India (BTI) Risen Energy has announced that it has been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by consultancy group Bridge To India […] Read more
