CIT Secures $200 Mn for Clearway Solar Energy’s 76 MW Portfolio Updated On Wed, Jan 22nd, 2020 by Saurenergy New York Headquartered bank holding company CIT Group’s Power and Energy arm arranged about USD 200 million financing for a 76 MW portfolio of community solar projects. The company said that it has arranged the financing on behalf of Clearway Energy Group, one of the leading developers and operators of clean energy generation facilities in the United […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
Direct Energy Works With Sprint for 100% RE in Virginia Operations Updated On Fri, Jan 17th, 2020 by Saurenergy Sprint and Direct Energy have announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. American telecommunications company, Sprint and Direct Energy Renewable Services has announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. This agreement […] Read more
GE to Help Deliver Offshore Wind Energy to 375,000 homes in Scotland Updated On Fri, Jan 17th, 2020 by Saurenergy GE has been awarded a project for the commissioning of onshore and offshore wind substations for the NnG offshore wind farm off the coast of Scotland. GE Renewable Energy’s Grid Solutions business has been awarded a multi-million dollar project for the design, supply, construction and commissioning of onshore and offshore wind substations for the Neart na Gaoithe […] Read more
Need Transmission Infrastructure to Support Clean Energy Goals: Report Updated On Thu, Jan 16th, 2020 by Saurenergy A new report has highlighted that without strategic expansion of transmission infrastructure, the ability to meet clean energy goals may be in jeopardy. A new report by WIRES, the international trade association that promotes investment in all aspects of the high voltage grid, highlights the concerns that without strategic and timely expansion of transmission infrastructure, the […] Read more
PepsiCo Targeting 100% Renewable Electricity in the US Updated On Thu, Jan 16th, 2020 by Saurenergy PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […] Read more
IEA Launches its First in-Depth Review of India’s Energy Policies Updated On Wed, Jan 15th, 2020 by Saurenergy The International Energy Agency (IEA) in partnership with NITI Aayog has recently released its first in-depth review of India’s energy policies. The International Energy Agency (IEA) has, in partnership with NITI Aayog, recently released its first in-depth review of India’s energy policies. The report highlights the achievements of India’s energy policies and provides recommendations to […] Read more
Solar Plant set up at NIT Agartala to Save Rs 60 Lakh in Energy Bills Updated On Wed, Jan 15th, 2020 by Saurenergy A one MW capacity solar rooftop power plant was recently commissioned at NIT Agartala and will save energy valued at Rs 60 lakh per year A one MW capacity solar rooftop power plant was commissioned at the National Institute of Technology (NIT) Agartala and is expected to save energy valued at Rs 60 lakh per […] Read more
Govt Releases State Energy Efficiency Index 2019 Updated On Fri, Jan 10th, 2020 by Saurenergy With an aim to track the progress of energy efficiency initiatives in thirty six states and union territories based on ninety seven significant indicators, the Bureau of Energy Efficiency (BEE) under the Ministry of Power on Friday released the ‘State Energy Efficiency Index 2019’. The index was launched by RK Singh, Minister of State (Independent Charge) […] Read more