Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock Updated On Mon, Sep 9th, 2019 by Saurenergy Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […] Read more
Floating Solar to Expand 100-Fold in Southeast Asia: Report Updated On Mon, Sep 9th, 2019 by Saurenergy Floating PV panels are making a splash in Southeast Asia, and a new study expects floating solar developments, to increase 100-fold in the next 5-15 years Floating PV panels are making a splash in Southeast Asia, where gigawatts (GW) worth of utility-scale solar power are planned in the coming years. Development plans are in the […] Read more
IFC Raises $569 mn From 1st Canadian Green Bond Updated On Sat, Sep 7th, 2019 by Saurenergy IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […] Read more
Solar Leads as RE Investment Skyrocket Past $2.5 Trillion Updated On Fri, Sep 6th, 2019 by Saurenergy In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […] Read more
THDCIL Receives Bids for Rs 3215 cr Against Rs 1500 cr Bond Updated On Fri, Sep 6th, 2019 by Saurenergy THDCIL has received bids for Rs 3215 crore in response to its corporate bond series-II of Rs 1500 crore with a greenshoe option of Rs 1000 crore THDC India Limited (THDCIL), a joint venture of Government of India and Government of Uttar Pradesh, which was incorporated to develop, operate and maintain the 2400 MW Tehri […] Read more
Colombia Renewable Capacity to Reach 5.9 GW by 2030, Coal Still on the Rise Updated On Fri, Sep 6th, 2019 by Saurenergy According to a new report, the installed capacity of renewable power in Colombia is expected to rise from 2% in 2018 to 21% by 2030 to reach 5.9 GW According to a new report, the installed capacity of renewable power in Colombia is expected to rise from 2 percent in 2018 to 14 percent in […] Read more
Australia Says 2020 Clean Energy Targets Met This Year Updated On Thu, Sep 5th, 2019 by Saurenergy The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […] Read more
MSEDCL Seeks Approval for Procuring 500 MW RE With Storage to Fulfill RPO Updated On Tue, Sep 3rd, 2019 by Saurenergy MSEDCL has filed a petition with MERC for approval on procurement of 500 MW renewable energy with energy storage facility for 25 years The Maharashtra State Electricity Distribution Corporation (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval on procurement of 500 MW flexible and schedulable power from renewable energy […] Read more
US Solar Fund Acquires and Finances 128 MW Solar Plant in Utah Updated On Tue, Sep 3rd, 2019 by Saurenergy US Solar Fund has closed the acquisition and completed the financing of the 128 MW Milford Solar Project under development in Utah. Newly formed, US Solar Fund (USF) has recently announced that it has closed the acquisition and financing of 100 percent of the cash equity interests in the 128 MW Milford Solar Project under development […] Read more