CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado Updated On Wed, Jun 24th, 2020 by Saurenergy Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […] Read more
Adani After More Thermal Capacity, Acquires 49% Stake in OPGC Updated On Wed, Jun 24th, 2020 by Saurenergy Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […] Read more
Rs 90,000 Crore Relief Package for Discoms a Non-Starter Updated On Tue, Jun 23rd, 2020 by Saurenergy The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union government’s ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend […] 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
8minute Inks Pact with MBCP, SVCE to Develop 250 MW Solar + Storage Project Updated On Tue, Jun 16th, 2020 by Saurenergy Marking its first contract with Community Choice Energy (CCE) providers, 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the US, has executed a power purchase agreement (PPA) with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE) to set up 250 MW solar plus storage project. […] Read more
Ørsted Reaches Offshore Milestone, Installs 1500th Turbine Updated On Mon, Jun 15th, 2020 by Saurenergy Ørsted has reached another milestone in its expanding offshore wind business with the installation of wind turbine 1,500 at the Borssele 1 & 2 project Global offshore wind major – Ørsted has announced that it has reached another milestone in its expanding offshore wind business with the installation of offshore wind turbine 1,500. The firm […] Read more
Bengal Chief Minister Joins Building Chorus Against Electricity Act Amendments Updated On Mon, Jun 15th, 2020 by Saurenergy The Electricity Act Amendment Bill (2020), slated for a possible introduction in the coming session of parliament, faced a predictable salvo yesterday. West Bengal Chief Minister Mamta Banejee termed its provisions ‘anti- federal’ and even ‘inhuman’ to be brought up at a time when the pandemic is raging. In a strongly-worded letter to Prime Minister […] Read more
DU School of Climate Change and Sustainability in the Works Updated On Mon, Jun 15th, 2020 by Saurenergy DU will be setting up a School of Climate Change and Sustainability, which will take up research in priority areas related to environmental challenges. The Delhi University (DU) will be setting up a School of Climate Change and Sustainability (DSCC&S) under the Institute of Eminence Scheme, which will take up research in priority areas related […] Read more
Total Solar Forays into Vietnam; Inks Pact for 3.2 MW Rooftop Solar Projects Updated On Fri, Jun 12th, 2020 by Saurenergy Total Solar Distributed Generation (DG), an arm of energy giant Total, has forayed into the Vietnam market after signing an agreement with sports footwear maker Ching Luh Group to provide 3.2 MW rooftop solar plants for two of its facilities in Vietnam. Through this move, the energy giant has continued its strategy of expansion of footprints […] Read more
