kWh Analytics Closes a Solar Revenue Put with Capital Dynamics and More Updated On Fri, May 8th, 2020 by Saurenergy kWh Analytics, a solar risk management firm, has structured a ‘Solar Revenue Put’ as part of the refinancing of a 173 MW PV facility in California kWh Analytics, a market leader in solar risk management, has announced that it has structured a ‘Solar Revenue Put’ as part of the refinancing of the 173 MW DC […] Read more
‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’ Updated On Thu, May 7th, 2020 by Saurenergy Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […] Read more
First Solar Inks Supply Agreement for 415 MW PV Modules With Geronimo Energy Updated On Thu, May 7th, 2020 by Saurenergy First Solar has entered into a supply agreement with Geronimo Energy to supply 415 MW of its Series 6 photovoltaic (PV) modules in 2022. First Solar has announced that it has entered into a framework supply agreement with Geronimo Energy, a National Grid company. Under the agreement, First Solar will supply 415 megawatts (MW) of its […] Read more
EDPR Secures 15-Year PPA for 100 MW New California Solar Park Updated On Thu, May 7th, 2020 by Saurenergy EDPR through and Redwood Coast Energy Authority have executed a 15-year PPA for 100 MW for the Sandrini Sol 1 Solar Park in Kern County, California. EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America, and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement (PPA) for 100 […] Read more
Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] Read more
ReneSola, ProSun Solar Ink 150 MW Distribution Pact in Australia Updated On Wed, May 6th, 2020 by Saurenergy ReneSola, a leading solar module manufacturer, and Prosun Solar, a leading distributor of solar power equipment in Australia, have entered into a 150 MW distribution agreement in Australia. Commenting on the deal, Sky Wang, CEO of ReneSola Yixing Co. Ltd, a company in Jiangsu Province, said that “Australian solar market is actually growing impressively. We […] Read more
Apex Clean Energy Leads Market for 2019 Corporate Renewable Power Procurement Updated On Wed, May 6th, 2020 by Saurenergy Wood Mackenzie has named Apex Clean Energy the top C&I wind power provider overall and the top corporate renewable provider in 2019. In a breakout year for commercial and industrial (C&I) renewable energy procurement, global energy research firm Wood Mackenzie has named Apex Clean Energy the top Commercial and Industrial (C&I) wind power provider overall […] Read more
Moody’s Lowers Forecast for Global Green Bonds Issuance due to COVID-19 Updated On Wed, May 6th, 2020 by Saurenergy Moody’s has lowered its forecast for global sustainable (green) bonds issuance this year after economic fallout from the coronavirus outbreak Bond credit rating agency Moody’s has stated that it has lowered its forecast for global sustainable bond issuance this year after economic fallout from the coronavirus outbreak reduced green bonds volumes in the first quarter, […] Read more
Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales Updated On Wed, May 6th, 2020 by Saurenergy Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […] Read more
