Portugal receives bids from 12 firms for floating solar auction Updated On Tue, Mar 8th, 2022 by Saurenergy The auction for the installation and operation of photovoltaic plants on seven dams in Portugal received 12 competing projects, environment minister João Pedro Matos Fernandes has told Jornal de Negócios. The deadline for submitting applications ended last Wednesday at 23:59, with the period for receiving proposals having run since January 29. Portugal was among the […] Read more
Rajendra Parakh Takes Over As COO-EPC For Vikram Solar Updated On Mon, Mar 7th, 2022 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider, has announced the appointment of Rajendra Kumar Parakh as Chief Operating Officer (COO) for the Engineering, Procurement and Construction (EPC) division. Vikram Solar is among the leading EPC players as per installed EPC base in India, with experience of executing more […] Read more
Central Railway Adds 4 More Locations Generating Solar Power in Maharashtra Updated On Mon, Mar 7th, 2022 by Saurenergy Rooftop solar installations in four more railway properties have begun to produce solar power in the Central Railway zone. The four newly added locations are Igatpuri railway hospital, Igatpuri railway station, Kasara railway station and Titwala cabin. The Central Railway says that that with the addition of the four new locations in the network, the […] Read more
US solar real estate invt fund closes on $100 mn solar lease securitization Updated On Mon, Mar 7th, 2022 by Saurenergy SolaREIT, a US solar real estate investment fund, has closed on a $100 million securitization of solar leases with Nuveen. The expansion will significantly increase access to low-cost capital in the commercial and mid-sized solar development sector, including community solar, its official statement said. SolaREIT’s land financing options, including the “Pre-Paid Solar Land Lease”, allow […] Read more
Brazil Crosses 14 GW Solar Capacity Mark Updated On Fri, Mar 4th, 2022 by Saurenergy The installed solar power capacity of Brazil has reached the 14 GW milestone. The announcement of the major achievement was made by ABSOLAR which is a domestic solar power association. Out of the 14 GW solar power presently installed in the South American country, distributed technology installations amount to 9.3 GW. The large-scale solar plants […] Read more
TotalEnergies Enters 1GW Offshore Wind JV in California Updated On Thu, Mar 3rd, 2022 by Saurenergy TotalEnergies has joined Trident Winds Inc. in the Castle Wind LLC joint venture for the development of a 1 GW offshore wind project off the coast of Morro Bay, off the Central California Coast, an official statement said. The company entered the JV and acquired the shares previously held by EnBW North America, it added. […] Read more
Germany seeks to be 100% Renewable powered by 2035 Updated On Thu, Mar 3rd, 2022 by Saurenergy Germany has planned to expedite the renewable energy transition and become a net renewable and clean energy country by 2035. This means that Germany is bringing forward the national renewable targets by 15 years. The speedy transition to renewable energy will be shouldered mainly by the solar and wind energy projects. The Economy Ministry of […] Read more
TotalEnergies bags 3GW offshore wind plans in New York & New Jersey Updated On Wed, Mar 2nd, 2022 by Saurenergy TotalEnergies, a French oil and gas major, has won maritime lease area OCS-A 0538 by the BOEM (Bureau of Ocean Energy Management) in the New York Bight auction held at the end of last week. This bid for the development of an offshore wind farm off the U.S. East Coast was won for a consideration […] Read more
Australia’s Leading Miner Andrew Forrest to Invest $2.2 Billion in RE Updated On Wed, Mar 2nd, 2022 by Saurenergy Australian iron ore magnate Andrew Forrest has announced that he is investing Australian Dollar $3 billion ($2.2 billion) in renewable energy in the island country. Forrest had announced previously that he will be investing big on a global green revolution. Most of the projects for RE will be coming up in the Central Queensland region. […] Read more