Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
Average Energy Spot Prices at 2-Year Low, REC Prices Rise Updated On Wed, Nov 6th, 2019 by Saurenergy The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […] Read more
Apple led Consortium to Purchase Wind Energy in Texas Updated On Wed, Nov 6th, 2019 by Saurenergy Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm developed by Apex Clean Energy in Texas Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy in Texas. The transaction—spearheaded by […] Read more
Infosys Helps in Digital Transformation of Siemens Gamesa Renewable Energy Updated On Tue, Nov 5th, 2019 by Saurenergy According to the contract signed, Infosys will enable Siemens Gamesa Renewable Energy to align its existing disparate IT setup into a harmonized and consolidated infrastructure landscape. IT giant Infosys has entered into a strategic long-term partnership with Siemens Gamesa Renewable Energy (SGRE), global leader in wind energy, in order to help in its digital transformation. […] Read more
Tata Power’s Renewable Arm Gets LoA to Develop 150 MW Solar Project Updated On Sat, Nov 2nd, 2019 by Saurenergy As per the deal, the energy will be supplied to Tata Power – D under a long-term PPA for 25 years from the scheduled commercial operation date. Renewable arm of utility giant Tata Power, Tata Power Renewable Energy Ltd (TPREL) has got a Letter of Award (LoA) from Tata Power – Distribution (Tata Power – […] Read more
Intersect Power Inks Long-term PPA with Direct Energy for 250 MW Solar Project Updated On Fri, Nov 1st, 2019 by Saurenergy Moreover, the Athos I project is likely to kick start construction in June 2020 and Athos II in October 2020. Utility-scale renewable energy developer Intersect Power has signed a long-term power purchase agreement (PPA) with Direct Energy Business for Intersect Power’s 250 MW (MWAC) solar project. Direct Energy Business is a part of Direct Energy, one of North America’s largest […] Read more
Dominion Energy to Add Largest Project to Virginia Solar Fleet Updated On Fri, Nov 1st, 2019 by Saurenergy Further, this solar facility is expected to be operational in 2021 and will provide up to 150 MW clean power. American power and energy company Dominion Energy is adding a 150 MW solar facility in Prince George County, Virginia. Also, this Fort Powhatan solar facility is the Richmond-headquartered company’s largest solar portfolio in Virginia. Further, this solar facility is […] Read more
CCI Approves Abu Dhabi Future Energy Stake Buy in Hero Future Energies Updated On Thu, Oct 31st, 2019 by Saurenergy CCI has given its nod under the green channel route to Masdar for acquiring an equity stake in Hero Future Energies The Competition Commission of India (CCI) has given its nod under the green channel route to Abu Dhabi Future Energy Company (Masdar) for acquiring an equity stake in Hero Future Energies Global Ltd. Besides, […] Read more
Solis Unveils Hybrid Storage Soln, 5G Commercial Inverters at All-Energy Australia Updated On Fri, Oct 25th, 2019 by Saurenergy Hamilton further added that, “we had large numbers of interested visitors to our stand and many enthusiastic discussions about our Solis commercial & utility scale solutions.” One of the leading photovoltaic (PV) string inverter maker Ginlong Technologies has expanded its portfolio under the brand name ‘Solis’ by launching its new hybrid energy storage solutions along […] Read more
