Vivint Solar Closes $300 Mn of new Tax Equity Commitments Updated On Tue, Jun 30th, 2020 by Saurenergy Vivint Solar has secured USD 300 million in new equity financing commitments from two repeat investors to support the growth of its residential solar business. Vivint Solar, a leading full-service residential solar provider, has announced it has secured USD 300 million in new tax equity financing commitments from two repeat investors to support the growth of Vivint […] Read more
State, Central Level Policymakers Should Work Together to Set Standardized Guidelines Updated On Thu, Jun 25th, 2020 by Saurenergy Although India does have a goal of renewable energy of 450 GW by 2030, it is not clear how this will be achieved in each state and what resources will make up the new energy mix at that time. By enabling a structure, it will allow Discoms across the country to prepare for this increase […] Read more
AutoGrid’s Flex Platform Helps Sunrun to manage its Residential Batteries’ Fleet Updated On Thu, Jun 25th, 2020 by Saurenergy AutoGrid, a leading flexibility management software provider, has entered into a partnership with Sunrun to provide AutoGrid Flex™ Virtual Power Plant (VPP) software to help manage the latter’s growing fleet of residential batteries across the United States. Sunrun, founded in 2007, is one of the leading home solar, battery storage, and energy services company. Further, […] Read more
NITI Aayog, ITF Jointly Launch Decarbonizing Transport Project in India to Check CO2 Emissions Updated On Wed, Jun 24th, 2020 by Saurenergy With an aim to develop a path to a low-carbon transport system for the country, policy think tank NITI Aayog and the International Transport Forum (ITF) of OECD on Wednesday jointly launched the ‘Decarbonizing Transport in Emerging Economies’ (DTEE) project in India. This is an ambitious 5-year project, which seeks to help India in developing […] Read more
The Philippines Power Sector can Reach Resilience by 2021: IEEFA Updated On Wed, Jun 24th, 2020 by Saurenergy The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […] Read more
New South Wales Pilot REZ Gets Proposals Worth 27 GW Updated On Tue, Jun 23rd, 2020 by Saurenergy The government of New South Wales has received proposals for 27 GW of wind, solar and battery storage projects for its pilot 3 GW REZ in the state. The government of New South Wales has revealed that the plan to create a 3-GW renewable energy zone (REZ) in the state has been met with phenomenal […] Read more
Sunnova Closes Sixth Residential Solar Loan Securitization Updated On Mon, Jun 22nd, 2020 by Saurenergy Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that “once again, the secured financing market has […] Read more
Sunrun Partners up to Demonstrate use of Home Batteries as Grid Resources Updated On Thu, Jun 18th, 2020 by Saurenergy Sunrun has partnered up with two major utilities in California and NY to demonstrate the use of home batteries as grid resources or virtual storage plants Sunrun, a leading US home solar, battery storage and energy services company, has partnered up with two major utilities in California and New York to demonstrate the use of […] Read more
Investments in Distributed Energy Likely to Rise Up to 75% by 2030 Updated On Tue, Jun 16th, 2020 by Saurenergy With the market set for a decade of high growth, the rate of annual investment in distributed energy resources (DER) likely to increase up to 75 per cent by 2030, as analyzed by a leading business consulting firm. The Frost & Sullivan in its recent analysis, ‘Growth Opportunities in Distributed Energy, Forecast to 2030’, finds that favorable regulations, […] Read more