India’s Solar Race toward Next Decade Updated On Tue, Sep 4th, 2018 by Saurenergy Buoyed by the quite impressive performance of India’s renewable energy sector and especially in the solar space in recent years, the Government of India took a daring move and revised its ambitious renewable energy targets from 175 GW to 227 GW by 2022. Following the move, it also aimed to auction 40 GW of renewable […] Read more
Capital Dynamics’ CEI to Buy Csolar South and West Updated On Thu, Jul 19th, 2018 by Saurenergy The company has acquired CSolar south and west projects from Tenaska, a leading independent power producer (IPP) in the United States, having achieved commercial operation and secured a long-term power purchase agreement (PPA) with a California-based utility business. An independent global asset manager, Capital Dynamics through its Clean Energy Infrastructure (CEI) team has inked a pact to […] Read more
Scatec Solar Gets 47 MW Solar Project in Ukraine Updated On Fri, Jul 6th, 2018 by Saurenergy Further, the projects will be realized under the country’s feed-in-tariff scheme and the 3 plants are expected to produce about 58 GWh per year. Independent solar power producer Scatec Solar has entered into agreements with Rengy Development securing projects of 47 MW in Ukraine. Further, the projects will be realized under the country’s feed-in-tariff scheme […] Read more
CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
METKA EGN Sells 18MW Solar PV Power Contract to Lightsource BP Updated On Tue, Mar 27th, 2018 by Saurenergy The four solar projects were developed and constructed by METKA EGN to meet the 31 March 2017 deadline, and subsequently received accreditation under the 1.2 Renewable Obligation Certificate (ROC) programme. Mytilineos has announced a positive transaction between its subsidiary METKA EGN and Lightsource BP, leading solar power company, to sell four operational solar photovoltaic power […] Read more
GLP Partners with Brookfield to Pursue Rooftop Solar Opportunities in China Updated On Thu, Mar 22nd, 2018 by Saurenergy The joint venture, by affiliates of GLP and Brookfield, intends to install 300 megawatts of rooftop solar projects over the next three years, with a broader 1 Gigawatt development pipeline, which is equivalent to the annual power consumption of approximately 750,000 households. GLP, the leading global provider of logistics solutions and Brookfield Asset Management, a […] Read more
Canadian Solar’s Unit Completes Sale of 235 MW Plant to Korean Utility Updated On Tue, Mar 13th, 2018 by Saurenergy Recurrent Energy developed the three projects, all of which reached commercial operation in 2016 and have long-term power purchase agreements. Canadian Solar Inc. has finalized the sale of its interests in three solar photovoltaic projects totaling 235 MWac/309 MWp. The Korea Electric Power Corporation (“KEPCO”), South Korea’s largest electric utility with an installed capacity of […] Read more
Canadian Solar Launches Operations & Maintenance Services Updated On Mon, Mar 12th, 2018 by Saurenergy As a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions, Canadian Solar also has a geographically diversified pipeline of utility-scale power projects in various stages of development. Canadian Solar Inc. one of the world’s largest solar power companies has launched a new worldwide business unit focused on delivering solar Operations […] Read more