CARE Downgrades Outlook of 11 Telangana Solar Firms Updated On Tue, Aug 13th, 2019 by Saurenergy After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […] Read more
Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm Updated On Tue, Aug 13th, 2019 by Saurenergy Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […] Read more
AMP Energy India Begins Construction on UP’s 120MW Open Access Solar Project Updated On Mon, Aug 12th, 2019 by Saurenergy The company said the estimated investment on the project is expected to be Rs 5 billion and it will be one of the largest open access solar energy projects in the state. Renewable energy power producer AMP Energy India has commenced the construction of 120 MWp open access solar power project in the state of […] Read more
As Farmers Switch to Solar Pumps, Experts Fear Groundwater Exploitation Updated On Mon, Aug 12th, 2019 by Saurenergy Though the off-grid solar pumps have made life easy for farmers in many villages across India, many fear they are likely to lead to over-exploitation of groundwater. In Maharashtra’s Jalgaon village, many farmers spend sleepless nights to irrigate their fields, as power for irrigation isn’t available during the daytime for 15 days a month, but Dattaji […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more
Leclanche to Build Largest Solar Plus Storage Project in Caribbean Updated On Thu, Aug 8th, 2019 by Saurenergy The largest solar plus storage project to be built in the Caribbean has been announced by the Government of St. Kitts and Nevis and Leclanché The largest solar generation plus energy storage project ever to be built in the Caribbean has been announced by the Government of St. Kitts and Nevis, the state-owned St. Kitts […] Read more
Powergrid Bags Transmission Projects in Gujarat and Rajasthan Updated On Thu, Aug 8th, 2019 by Saurenergy Powergrid has been declared the successful bidders to establish transmission systems for two projects in Gujarat and Rajasthan. The Power Grid Corporation of India (Powergrid) has announced that it has been declared the successful bidder under the tariff-based competitive bidding to establish transmission systems for two projects in Gujarat and Rajasthan. The first Letter of […] Read more
EDPR Secures 2nd PPA for its Solar + Storage Project in California Updated On Thu, Aug 8th, 2019 by Saurenergy EDPR has agreed on a 20-year PPA with San José Clean Energy, to sell 100 MW of solar energy and 10 MW of energy storage from the Sonrisa Solar Park EDP Renováveis (EDP Renewables, EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that […] Read more
Equinor to Co-Develop 120 MW Wind Farm in Argentina Updated On Wed, Aug 7th, 2019 by Saurenergy Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Norwegian multinational energy company Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Both the developers announced that the companies have entered […] Read more
