Total Solar DG to Provide PV System for Thailand’s Largest Single-Rooftop Project Updated On Fri, Nov 1st, 2019 by Saurenergy The said solar PV system is expected to combine over 17,500 solar panels, by covering an area of more than 38,000 square meters. Total Solar Distributed Generation (DG) has entered into a binding, long term power agreement with Thailand based company S. Kijchai to provide solar photovoltaic (PV) system of 7 MW capacity. As per […] Read more
Govt to Devise Long Term Policy for Continuous Demand for Local Products: Samir Mehta Updated On Fri, Nov 1st, 2019 by Saurenergy We believe that to ensure local manufacturing happens in India, government has to devise a long-term policy for continuous demand for local cells/modules for at least 10 years which will ensure that project returns are easily guaranteed for investor and also ensure that no matter what situation arises these policies are not tempered or affected […] Read more
PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project Updated On Wed, Oct 30th, 2019 by Saurenergy PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […] Read more
Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm Updated On Tue, Oct 29th, 2019 by Saurenergy Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […] Read more
Lightsource BP Gets Debt Financing for 200 MW Australian Solar Project Updated On Fri, Oct 25th, 2019 by Saurenergy Lightsource BP has signed a senior debt facility with ING and Export Development Canada to fund its first Australian solar project worth 200 MW. Lightsource BP has announced that it has signed a senior debt facility with ING and EDC (Export Development Canada) to fund its first Australian solar project. The 200 MWp solar installation, […] Read more
Blackrock and GE Backed Firm Raises $250 mn to Fund Distributed Solar Projects Updated On Fri, Oct 25th, 2019 by Saurenergy DSD, the business-backed by BlackRock and GE Renewable Energy, has announced the closing of a USD 250 million fund to invest in future solar projects Distributed Solar Development (DSD), the business-backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has announced the closing of a USD 250 million fund financed by […] Read more
Amazon Announces 3 New Renewable Projects in US and UK Updated On Thu, Oct 24th, 2019 by Saurenergy Amazon has announced 3 new renewable projects in the US and UK that support its commitment to reaching 80 percent renewable energy by 2024 Amazon has announced three new renewable energy projects in the US and UK that support its commitment to The Climate Pledge and reaching 80 percent renewable energy by 2024 and 100 […] Read more
EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more