Nautilus Solar Closes $90 Mn Debt Financing Deal with Canadian Lenders Updated On Wed, Apr 29th, 2020 by Saurenergy Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects, has sealed a USD 90 million debt financing deal with two Canadian lenders i.e. National Bank of Canada (NBC) and Royal Bank of Canada (RBC). As per the agreement signed, the financing will be in two parts i.e. a USD 75 million for […] Read more
India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
Is Solar Market At Risk of Shutting Out Competition? Updated On Wed, Apr 29th, 2020 by Saurenergy With the Coronavirus pandemic taking a heavy toll on renewable players also, it is interesting to see how the market is panning out in India. No one could have missed the frenetic efforts by the Ministry of new and Renewable Energy (MNRE), under whom the sector falls, to ensure obstacles are removed. And obstacles have […] Read more
New EVs Ordinance Makes Chicago National Leader Updated On Wed, Apr 29th, 2020 by Saurenergy Chicago recently joined a small circle of US cities that are pioneering policies to prepare for the projected growth in EVs The City of Chicago in Illinois recently joined a small circle of US cities that are pioneering policies to prepare for the projected growth in electric vehicles (EVs), as the City Council passed an […] Read more
Sungrow Revenue Grows 25.4% in 2019, Plans to Lift R&D Investment Updated On Wed, Apr 29th, 2020 by Saurenergy With a minimal negative impact of coronavirus, Sungrow, a leading inverter solution supplier for renewables, has reported a growth of 25.4 percent to USD 1.864 billion in its revenue for 2019, against USD 1.572 billion in 2018. The inverter manufacturer shipped 17.1 GW of inverters in 2019 and touched its aggregate overseas shipments to 100 […] Read more
100 MW Solar Plus Storage Project Approved by Arkansas Commission Updated On Wed, Apr 29th, 2020 by Saurenergy The Arkansas Public Service Commission has approved a new 100 MW utility-scale solar project along with a 10 megawatts of battery storage system The Arkansas Public Service Commission has approved a new utility-scale solar project that will provide Entergy Arkansas customers with 100 megawatts (MW) of solar power and 10 megawatts of battery storage. The […] Read more
Heliogen Bags Award for its Concentrated Solar Technology Updated On Wed, Apr 29th, 2020 by Saurenergy Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas Award, recognized for its concentrated solar technology Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas award. Winning the Energy category, Heliogen was recognized for its concentrated solar technology that – for […] Read more
ADPower Gets Record Low Solar PV Price for 2 GW Project in UAE Updated On Tue, Apr 28th, 2020 by Saurenergy Abu Dhabi Power Corporation (ADPower), a water and electricity company, has received the world’s lowest solar photovoltaic (PV) price of 1.35 US cents/kWh for the United Arab Emirates’ (UAE’s) largest 2 GW of the solar project. This 2 GW solar plant in Al Dhafra is expected to be completed during the second quarter of 2022 […] Read more
CERC Extends Validity of RECs till October 31, 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy Power sector regulator CERC has ordered the extension of validity of Renewable Energy Certificates (RECs) till October 31, 2020. The Central Electricity Regulatory Commission (CERC) in its order stated that the validity of RECs which expired or are likely to expire between April 01, 2020, and September 30, 2020, is extended up to October 31, […] Read more
