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
BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms Updated On Wed, Jan 8th, 2020 by Saurenergy Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects worth 492 MW. Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed December 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […] Read more
Duke Energy’s 200 MW Wind Project in Texas Begins Commercial Operation Updated On Wed, Jan 8th, 2020 by Saurenergy Duke Energy Renewables’ 200 MW Mesteño Wind power project in Starr County, Texas began commercial operation on December 31, 2019 Duke Energy Renewables, a commercial business unit of Duke Energy has announced that its 200-megawatt (MW) Mesteño Wind power project in Starr County, Texas began commercial operation on December 31, 2019. It is the company’s […] Read more
IFC Inks Pact with Bangladesh to Spur Solar Power Generation Updated On Tue, Jan 7th, 2020 by Saurenergy With an aim to promote more investment in the renewable energy projects in Bangladesh, the International Finance Corporation (IFC) has entered into an agreement with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh. As per the agreement signed, IFC, a member of the World Bank Group, will support a solar power plant of […] Read more
RWE Renewables Brings 100 MW Solar Project Online in Texas Updated On Tue, Jan 7th, 2020 by Saurenergy RWE Renewables has announced that it has achieved commercial operation on its 100 MW West of the Pecos solar project, located in Texas RWE Renewables has announced that it has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. The project is […] Read more
Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Alternus Energy Acquires 11.75 MW Solar Park in Netherlands Updated On Thu, Jan 2nd, 2020 by Saurenergy Alternus Energy has acquired Zonepark Rilland and its 11.75 MW solar PV power plant in the Netherlands from Coöperatie Unisun Energy for EUR 10.5 million Alternus Energy, a global renewable energy company, has announced the acquisition of Zonepark Rilland B.V. and its 11.75 MW ground-mounted solar photovoltaic (PV) power plant in Rilland, the Netherlands, from […] Read more
Can Surplus Renewables Production in West Rajasthan Build A Big Battery? Updated On Thu, Jan 2nd, 2020 by Saurenergy Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […] Read more