Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route Updated On Fri, Jan 24th, 2020 by Saurenergy Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […] Read more
FESCO to Develop Solar plus Storage Project for Maryland’s District 40 Mall Updated On Fri, Jan 24th, 2020 by Saurenergy US based FESCO Energy has inked an exclusive pact with Maryland’s District 40 mall, formally known as Frederick Towne Center Mall located on the Golden Mile, to develop a a microgrid enabled solar-plus-storage project. This sustainable microgrid power generation project will generate electricity of more than 3 MW from solar energy and will be having […] Read more
Rajasthan Tenders for Development of Transmission Lines in Solar Park Updated On Fri, Jan 24th, 2020 by Saurenergy Rajasthan Solar Park Development Company has tendered for the construction of 220 kV and 132 kV transmission lines for the Nokh Solar Park in Jaisalmer The Rajasthan Solar Park Development Company (RSDCL) has issued a tender, seeking bids from eligible firms for the construction of 220 kV and 132 kV transmission lines for the Nokh […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia Updated On Thu, Jan 23rd, 2020 by Saurenergy Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating […] Read more
Gautam Adani Commits To Audacious Solar Ambition Updated On Thu, Jan 23rd, 2020 by Saurenergy Weeks after yet another ‘win’ in Australia, where the group has made a significant commitment to develop coal mines despite stiff resistance for its energy requirements in India, Gautam Adani, the founder of the group, chose to make a statement. In what is perhaps a signal for the market on the group’s future priorities in […] Read more
Total, Marubeni JV Selected to Build 800 MW Solar Plant in Qatar Updated On Wed, Jan 22nd, 2020 by Saurenergy A consortium of Total and Marubeni has entered into agreements for the development of the Al Kharsaah Solar PV IPP Project, an 800 MW solar plant in Qatar. A consortium of Total (49 percent) and Marubeni (51 percent) has announced that it has entered into agreements for the development of the Al Kharsaah Solar PV […] Read more
Huaneng Dongfang Power Plant: Intelligent for Three Years, Still Going Strong Updated On Mon, Jan 20th, 2020 by Saurenergy Three years ago, the Huaneng Company and Huawei jointly digitalized the Dongfang Power Plant. As the first PV project to be digitalized, it is worth looking back to see how the new technology has bolstered performance. 20% Higher Energy Yield The project was initiated on June 30, 2016 for grid-tied power generation. It adopted the […] Read more
Financial Services Firm Visa Reaches 100% Renewable Electricity Goal Updated On Thu, Jan 16th, 2020 by Saurenergy Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations American financial services corporation, Visa has announced that it has met its goal to use 100 percent renewable electricity by 2020, furthering the company’s commitment to lead responsibly and sustainably […] Read more
