Longroad Announces Financial Close On & Begins Construction of 202 MW Umbriel Solar Project Updated On Wed, Feb 8th, 2023 by Saurenergy American renewable energy player Longroad Energy has announced the financial close of Umbriel Solar which is a 202 MWdc (150 MWac) solar PV project in Polk County, Texas. The firm said that the construction of the solar project has also commenced. Umbriel is sixth greenfield RE project of Longroad in Texas to reach financial close […] Read more
Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only Updated On Wed, Feb 8th, 2023 by Saurenergy North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […] Read more
Blueleaf Energy Onboards Anand Prakash as CIO & Amiram Roth-Deblon as COO Updated On Tue, Feb 7th, 2023 by Saurenergy Blueleaf Energy, a firm that develops, finances, owns and operates renewable energy and storage assets in the long-term in the Asia Pacific region has announced the onboarding of its CIO and COO. Renewable energy veterans Anand Prakash will take over the reins of the firm as CIO while Amiram Roth-Deblon will join the organisation as […] Read more
CIP, Amberside Energy Partner For 2 GW Solar Plus Storage Project in UK Updated On Tue, Feb 7th, 2023 by Saurenergy Solar energy and storage projects developer Amberside Energy has partnered with Copenhagen Infrastructure Partners (CIP) for the development of 2 GW of solar and battery storage projects in the United Kingdom (UK). CIP is working on behalf of its flagship funds. The official statement of CIP held that under the terms of the partnership, Flagship […] Read more
GERC Provides Only Interim Relief On Replacement of Modules For Old Solar Project Updated On Mon, Feb 6th, 2023 by Saurenergy In a recent order in January, the Gujarat Electricity Regulatory Commission (GERC), when faced with a petition seeking permission to replace solar modules on a project ‘damaged’ by floods, chose to provide interim relief only, reserving the tight to take a final view on the issue. The matter at hand is a very interesting case, […] Read more
Pristine Sun Gets Capital Commitment of $250 Million for Solar Expansion Updated On Mon, Feb 6th, 2023 by Saurenergy US renewable energy player Pristine Sun Corporation has announced a $250 million capital commitment from strategic private equity and family office investors to develop renewable energy projects. The equity commitment will allow Pristine Sun to develop, finance, and build up to 5 GW of its solar projects. The official statement of the firm held that […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
Amazon Adds Record 8.3 GW of Renewables in 2022 Updated On Wed, Feb 1st, 2023 by Saurenergy Global e-commerce giant Amazon has added a remarkable capacity of 8.3 GW in 2022 in terms of renewable energy. The company has made these additions through 133 new projects in 11 countries. The official statement, the company held that now the total portfolio is over 20 GW which is enough to power 5.3 million U.S. […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
