Nebraska-Based IPP Closes $302 Mn Financing For Wind Project in Missouri Updated On Sat, Apr 20th, 2019 by Saurenergy Vestas has been selected for supplying 111 wind turbines and providing maintenance services for the project. Leading Nebraska-based independent energy provider Tenaska has closed approximately $302 million (Rs 20 billion) in commercial financing for Tenaska Clear Creek Energy Center, a 242-megawatt (MW) wind project now under construction in Nodaway County in Northwest Missouri. “Tenaska has […] Read more
Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants Updated On Sat, Apr 20th, 2019 by Saurenergy Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […] Read more
Solar Power Can Convert India’s Energy Poverty to Energy Prosperity Updated On Sat, Apr 20th, 2019 by Saurenergy Over a period of one year, Samuday has invested close to Rs 30 crore towards establishing 14 solar mini grids, supplying power to over 900 households in 15 villages. It has also committed another Rs 3 crore to be spent every year over the next five years towards maintaining these grids. In a bid […] Read more
Uttar Pradesh Approves Bids For Development of 100 MW Floating Solar Projects Updated On Sat, Apr 20th, 2019 by Saurenergy The commission stated that their approval must not be considered as approval for tariff adoption. For the adoption of the tariff, a separate petition needs to be filed. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the opening and finalisation of bids submitted by ReNew Power for the development of 100 MW of floating solar […] Read more
Vikram Solar Expects the Solar Sector to Bare No Impact of the General Elections Updated On Thu, Apr 18th, 2019 by Saurenergy Amit Gupta, Director – Legal and Corporate affairs, Vikram Solar gives his take on whether the ongoing general election will have any impact on the solar sector. Vikram Solar, the West Bengal-based solar solutions provider has come out and said that it expects the solar sector to stay unaffected by the general elections. “In our […] Read more
GWEC Releases First Supply-Side Data Report, Vestas Well Ahead of the Rest Updated On Thu, Apr 18th, 2019 by Saurenergy The Norwegian company accounted for just over 20 percent of the market share, or more effectively every fifth wind turbine installed in the last year was manufactured by Vestas. The Global Wind Energy Council (GWEC) has published the first edition of its annual Global Wind Market Development – Supply-Side Data 2018. According to the report, […] Read more
GE Renewable Energy to Implement Solar Plus Storage Hybrid Project in New York Updated On Thu, Apr 18th, 2019 by Saurenergy The hybrid system will be installed in upstate New York at the end of 2019 and is expected to reach commercial operation in the second quarter of 2020. GE Renewable Energy has reached an agreement with Helios Energy to deliver two energy storage systems to be integrated with solar arrays for the Lenox Solar/Energy Storage […] Read more
Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States Updated On Thu, Apr 18th, 2019 by Saurenergy The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […] Read more
Swap Kerosene Subsidies for Solar To Improve Power Supply: Report Updated On Thu, Apr 18th, 2019 by Saurenergy The Clean Energy Swap, as per the study, supports kerosene to solar swap that will reallocate finances away from kerosene, promoting cleaner lighting fuels for unelectrified or underserved consumers. An independent study by the International Institute for Sustainable Development (IISD) and The Energy and Resources Institute (TERI) shows that switching subsidies from kerosene to off-grid […] Read more
