Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan Updated On Thu, Dec 24th, 2020 by Saurenergy Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […] Read more
Vestas Bags Wind Orders Worth 500 MW in Brazil and USA Updated On Thu, Dec 24th, 2020 by Saurenergy Global wind energy major Vestas has announced that it has secured two orders for almost 500 MW of wind energy projects in Brazil and USA. In Brazil, the firm has signed a new agreement with Casa dos Ventos for the 360 MW Babilônia project, located in the cities of Morro do Chapéu and Várzea Nova, […] Read more
SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh Updated On Thu, Dec 24th, 2020 by Saurenergy SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […] Read more
Asia to Remain ‘Mother of Batteries’, Producing 1 TWh pa by 2025: Rystad Updated On Thu, Dec 24th, 2020 by Saurenergy In its monthly energy transition report, Rystad Energy has found that Asia, is, and will remain the mother of batteries over the coming decade. The report details that the world’s current total battery cell production capacity is about to exit 2020 at around 617 gigawatt-hours (GWh) per year. Most of this capacity, 516 GWh, comes […] Read more
PLN has ‘Green Ambition’ but is Short on Renewable Energy Credibility: IEEFA Updated On Thu, Dec 24th, 2020 by Saurenergy IEEFA finds that PLN must be prepared for a much higher level of scrutiny when the company launches its debut green and/or sustainable bonds. Indonesian state-owned electricity company PT Perusahaan Listrik Negara (PLN) is preparing to issue a “green and/or sustainable financing” instrument as early as January 2021 following the publication of its Statement of Intent […] Read more
TAQA, Masdar-led 2 GW Al Dhafra Solar Project Achieves Financial Close Updated On Thu, Dec 24th, 2020 by Saurenergy TAQA and Masdar – alongside partners EDF and JinkoPower – have announced the successful financial closing of the Al Dhafra Solar project. The Abu Dhabi National Energy Company (TAQA) and Masdar – alongside partners EDF and JinkoPower – have announced the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) […] Read more
Ola Exploring Sites for Network of Charging Stations in India & Europe Updated On Wed, Dec 23rd, 2020 by Saurenergy Indian ride-hailing firm, Ola is searching multiple sites to build a network of charging stations for electric two-wheelers(E-2Ws) across India and Europe. The E-mobility driven Ola, is searching in 50 cities in India and different locations in Europe to build the global network of charging infrastructure, according to sources privy to the development. Also, over […] Read more
Borosil Renewables, The Newest Renewable Star On The Stock Market Updated On Wed, Dec 23rd, 2020 by Saurenergy Borosil Renewables Limited, the Mumbai based firm manufacturing firm that specialises in solar glass, has had a dream run up in the stock markets. Luckily for investors, this is a firm that has some real numbers to back it up, although valuations remain a matter of hope over substance probably. The firm, formerly called Borosil […] Read more
Canadian Solar Completes the Sale of 290 MWp Greenfield Solar Portfolio in Italy Updated On Wed, Dec 23rd, 2020 by Saurenergy Canadian Solar has announced the sale of the remaining 30 percent ownership of the Big Fish SPV and Iron SPV solar projects to Falck Renewables. Both projects are located in Sicily, Italy, and have a total expected capacity of more than 290 MWp. The Company expects to recognize revenues from the sale in the fourth […] Read more