Bright Canyon Energy’s Solar + Storage Project in Seeking Final Approvals in Hawaii Updated On Wed, Jun 3rd, 2020 by Saurenergy Bright Canyon Energy is in the final award group for HECO’s initiative to bring its solar plus storage project to Hawaii. Bright Canyon Energy has announced it is in the final award group for Hawaiian Electric Company’s (HECO) initiative to bring a cleaner energy supply to Hawaii. The firm’s Kūpono Solar plus storage project, located […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] 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
Strong Q1 for US Energy Storage Market Despite COVID-19: WoodMac Updated On Wed, Jun 3rd, 2020 by Saurenergy The US energy storage sector saw a strong Q1, with residential storage setting another record while the non-residential had its 3rd-strongest quarter The United States (US) energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record. According to Wood Mackenzie and […] Read more
Draft Tariff Policy Can Revolutionise Power Sector Updated On Wed, Jun 3rd, 2020 by Saurenergy The proposal to end tariff differentiation is a much-needed reform in the power sector but the key to reaping real benefits of the move lies in its implementation and involvement of consumers in the reform process, as said by the Pradeep S. Mehta founded non-profit Indian think tank. CUTS International is a Jaipur-headquartered organisation and […] Read more
Sterling & Wilson Becomes 1st Indian Company to Commission Solar Project in Oman Updated On Tue, Jun 2nd, 2020 by Saurenergy Adding another feather in its cap, Sterling and Wilson Solar Ltd, one of the largest solar EPC solutions providers worldwide, commissioned its first 125 MW solar energy project in Oman and become the first Indian company to commission a photovoltaic (PV) project in the region. Commenting on the landmark achievement, Bikesh Ogra, Director and Global CEO of Sterling […] Read more
Solar Manufacturers Support Vocal-for-Local Program; Seek Level-Playing Field Updated On Tue, Jun 2nd, 2020 by Saurenergy The country’s leading solar photovoltaic (PV) manufacturers, including RenewSys, Vikram Solar and Webel Solar, have extended their support to Prime Minister Narendra Modi’s recent call for Vocal-for-Local program. However, they sought level-playing field for all irrespective of the area within the country. By welcoming the government’s move, Avinash Hiranandani, Global CEO & Managing Director of […] Read more
Sungrow Smart Energy Virtual Show to Kick off on June 15th 2020 Updated On Tue, Jun 2nd, 2020 by Saurenergy The situation changes on a daily basis due to the COVID-19 pandemic, while the global market still witnesses a big growth in solar and storage segments. Sungrow, a global inverter solution supplier, keeps pioneering in advanced technologies and announced recently that it would bring an extraordinary smart energy virtual show on June 15th-19th despite the […] 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
