Excelsior Acquires 109 MW Wind Energy Portfolio From Invenergy Updated On Fri, Nov 8th, 2019 by Saurenergy Excelsior has acquired 90.1 percent of Invenergy’s sponsor equity interests in the combined 109 MW Prairie Breeze II and III wind energy projects in Nebraska. Excelsior Energy Capital, a leading independent North American renewable energy investor, has announced that its North American Renewable Energy Fund has executed definitive agreements for the acquisition of 90.1 percent […] Read more
U GRO Capital, Sunvest Capital Launch Rs.20 Crore Rooftop Solar Funding Updated On Fri, Nov 8th, 2019 by Saurenergy Capital, the key missing link in so many solar rooftop plans, is finally coming to solar too. In another move to fill the vast gap that exists between potential, demand, and actual supply, SME focused finance start up U Grow Capital has joined hands with Sunvest Capital to provide co lending for solar rooftop and […] Read more
11 GW Solar & 6 GW Wind, RE Installations in India to Peak Next Year Updated On Fri, Nov 8th, 2019 by Saurenergy A new report has predicted that with 11 GW of new solar additions and 6 GW of wind capacity, renewable energy installations in India will peak in 2020 The utility-scale solar segment in India saw an addition of 4 GW in the first three quarters of 2019 and is expected to add another 4.5 GW […] Read more
MERC Draft Regulations Short Circuits Solar Future- Maharashtra Developers Updated On Fri, Nov 8th, 2019 by Saurenergy The Maharashtra Energy Regulatory Authority managed to unite almost the complete developer community in the state after releasing its draft regulations for the state. In the spotlight was its proposal to shift to gross metering for solar rooftop power, which has been met with outright condemnation. In fact, some of the developers went as far […] Read more
Google, AES Strategic Alliance to Bolster RE Adoption Updated On Fri, Nov 8th, 2019 by Saurenergy AES and Google to accelerate the growth and adoption of renewable energy by leveraging Google Cloud technology to pioneer innovation in the sector. The AES Corporation has announced that it is entering into a 10-year strategic alliance with Google to accelerate the growth and adoption of clean energy by leveraging Google Cloud technology to pioneer […] Read more
TERI & Shakti Foundation Report on Rooftop Solar: Perspective of Discoms Updated On Thu, Nov 7th, 2019 by Saurenergy The government of India has set an ambitious target of 175 GW of installed capacity of renewable energy (RE) by 2022, including 100 GW of grid-connected solar power, comprising 60 GW utility-scale solar, and 40 GW solar rooftop. Though India has made significant progress in the implementation of utility-scale solar projects, achieving 40 GW of […] Read more
RWE Secures 30-Year PPA for its 195.5 Solar Plus Storage Facility Updated On Thu, Nov 7th, 2019 by Saurenergy RWE Renewables has announced that it has entered into a 30-year PPA with Georgia Power for the sale of power from the 195.5 MW Broken Spoke Solar project. Photovoltaics within the US division of RWE Renewables is picking up speed and the firm has now announced that it has entered into a 30-year power purchase […] Read more
Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
SECI Extends Deadlines for 2 More Solar Energy Tenders Updated On Thu, Nov 7th, 2019 by Saurenergy SECI has announced the extension in the bid submission deadline for two solar tenders, the 7 GW manufacturing linked and the 1.95 MW with BESS in Lakshadweep. The Solar Energy Corporation of India (SECI) has announced the extension in bid submission deadline for two tenders, the 7 GW manufacturing linked solar tender and the tender […] Read more
