NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR Updated On Wed, Jul 8th, 2020 by Saurenergy NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […] Read more
We would like to contribute to the success of “Make in India” and the growth of solar in India: Sunil Badesra Updated On Wed, Jul 1st, 2020 by Saurenergy Its 3 GW manufacturing plant in India is the only one outside China for Sungrow. 2 years later, the investment has been vindicated, with the plant serving the domestic as well as export market successfully. We caught up with Sunil Badesra, Business Head, Sungrow India on the story so far. Tell us about the Sungrow […] Read more
Sterling and Wilson Solar to Train Locals in Absence of Full Workforce Updated On Mon, Jun 29th, 2020 by Saurenergy Amid uncertainty over the return of migrant labourers, Sterling and Wilson Solar plan to train the locals to compensate for the shortage in their workforce. Sterling and Wilson Solar have announced that amid uncertainty over the return of migrant labourers who left for their villages due to the COVID-19 fears, they plan to train the […] Read more
DroneBase Gets $7.5 Mn in Series C Funding to Expand Footprints in Solar, Wind Energy Market Updated On Wed, Jun 17th, 2020 by Saurenergy After analyzing the growth potential in the renewable energy sector, aerial data analytics company DroneBase has secured USD 7.5 million in series C funding in order to expand its footprints into the renewable energy market. The company is planning to do this further with its new platform DroneBase Insights for wind and solar industry. For […] Read more
Taaleri SolarWind II Fund Invests in 336 MW Wind Farm in Texas Updated On Wed, Jun 17th, 2020 by Saurenergy The Taaleri SolarWind II fund has, together with AIP, Ilmarinen, and Akuo Energy acquired 93 percent of the equity in the 336 MW Escalade wind farm in Texas The Taaleri SolarWind II fund has, together with AIP, Ilmarinen, and Akuo Energy acquired 93 percent of the equity in the Escalade wind farm in Texas. Taaleri […] Read more
8minute Inks Pact with MBCP, SVCE to Develop 250 MW Solar + Storage Project Updated On Tue, Jun 16th, 2020 by Saurenergy Marking its first contract with Community Choice Energy (CCE) providers, 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the US, has executed a power purchase agreement (PPA) with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE) to set up 250 MW solar plus storage project. […] Read more
DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah Updated On Mon, Jun 15th, 2020 by Saurenergy With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […] Read more
Azure Announces Financial Results for Q4 2020, 29% Increase in Revenue Updated On Mon, Jun 15th, 2020 by Saurenergy Azure Power has issued its financial results for the fiscal fourth quarter ended March 31, 2020. The firm has reported a 29 percent increase in its revenue. Azure Power, one of India’s leading independent power producers (IPP) for utility and commercial scale solar PV power plants, has reported its financial results for the fiscal fourth quarter ended March 31, […] Read more
Andhra Govt Renegotiates Greenko IREP Contract, Secures Rs 3495 Cr Extra Revenue Updated On Mon, Jun 15th, 2020 by Saurenergy AP Govt has secured an additional revenue of Rs 3495 crore after it successfully renegotiated the IREP contract with the implementing firm Greenko group. The Andhra Pradesh (AP) Government has announced that it has secured an additional revenue of Rs 3495 crore after it successfully renegotiated the contract, for the proposed Integrated Renewable Energy Project (IREP), […] Read more
