Yellow Door Energy to install 311 kWp rooftop solar PV plant at Elcome’s headquarters in Dubai Updated On Tue, Aug 22nd, 2017 by Saurenergy Yellow Door Energy will manage the construction, operation and maintenance of the rooftop solar PV plant for next 20 years. The solar lease structure eliminates the need for Elcome to make a capital investment and take on operational risk, allowing them to focus on their core business. Yellow Door Energy (YDE) has announced that it […] Read more
D. E. Shaw Renewable Investments Acquires Cuyama Solar Project from First Solar Updated On Fri, Aug 18th, 2017 by Saurenergy The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to Pacific Gas & Electric (PG&E) under a 25-year power purchase agreement (PPA) starting in January 2019 D. E. Shaw Renewable Investments has acquired 40 Megawatt […] Read more
The Gospel of Distributed Energy Storage Updated On Fri, Aug 4th, 2017 by Saurenergy A target of 175 GW by 2022 is not just challenging but brings a commodity to bring swift innovations to peg this clean mission. Falling energy storage costs and steadily increasing solar capacity stand to catalyze a paradigm shift from net metering to distributed energy storage. Implementing a system composed of a web of distributed […] Read more
EnSync Energy, Hawai’i Pacific University to build a 310 kW solar PV system on the rooftop of Aloha Tower Marketplace Updated On Wed, Aug 2nd, 2017 by Saurenergy EnSync Energy will build a solar installation at HPU’s Aloha Tower Marketplace, a mixed-use space featuring university student residences, community spaces, restaurants and shops. EnSync Energy has announced a 20-year PPA with Hawai’i Pacific University (HPU) to build a 310-kilowatt photovoltaic (PV) system on the rooftop of the Aloha Tower Marketplace in downtown Honolulu. Under […] Read more
CleanMax Solar Announces Equity Financing of USD 100 Million from Warburg Pincus Updated On Fri, Jul 14th, 2017 by Saurenergy The investment will enable CleanMax Solar to pursue additional growth opportunities beyond India, and provide next generation solutions to the customers through a combination of rooftop solar and energy storage. CleanMax Solar, India’s largest rooftop solar developer for the corporate sector, today announced that it has secured equity financing of up to USD 100 million […] Read more
Morocco Secures USD 25 Million Loan for Solar Energy Projects Updated On Thu, Jul 6th, 2017 by Saurenergy The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Bihar to Invest Rs 20,000 Crore in Renewable Energy in Next Five Years Updated On Fri, Jun 16th, 2017 by Saurenergy The new Bihar renewable energy policy, 2017, paves the way for investment in clean energy and lays a foundation for lasting prosperity. Bihar is eyeing an investment of Rs 20,000 crore in the renewable energy sector in the next five years to generate over 3000 MW of clean energy. The plan is part of the […] Read more
Largest Floating Solar Farm Reflects China’s Clean Energy Ambitions Updated On Mon, Jun 12th, 2017 by Saurenergy China’s clean energy ambitions were being reflected in the launch of the world’s largest floating solar farm. The 40-megawatt power plant has 160,000 panels resting on a lake that emerged after the collapse of a coal mine in central Anhui province. As the United States was withdrawing from the Paris climate pact, China’s clean energy […] Read more