The Promise Of Solar Energy From Space Updated On Thu, May 11th, 2023 by Saurenergy Solar space farms? One of the most fascinating developments in the renewable energy sector has been the possibility of putting solar technology in space. NASA, in 1977, claimed that in the coming years space solar could completely replace fossil fuels. The study and investments were stopped citing a lack of understanding of the technology required […] Read more
Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […] Read more
Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Invenergy, Others Ready 104 MW New York Wind Farm Updated On Mon, May 8th, 2023 by Saurenergy Renewable energy developer Invenergy and Clean Path NY partners, energyRe and the New York Power Authority (NYPA), have completed a 103.9-MW Number Three Wind Energy Center marking the first Clean Path NY renewable generation asset to reach operation. The wind farm has been developed and constructed by Invenergy. Its one of more than 20 new […] Read more
150-MW Solar Power Projects Brought Online By Duke Energy Updated On Thu, May 4th, 2023 by Saurenergy Duke Energy has brought two more solar projects online in Florida’s Bay and Levy counties having cumulative capacity of 150 MW. This is just three weeks after the company announced the completion of two solar sites in northern region of the state. The new sites are part of the community solar program portfolio of Duke […] Read more
MNRE Allows Time Extension For Solar/Hybrid Projects Only In ‘Genuine Cases’ Updated On Wed, May 3rd, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a fresh order to act against erring renewable energy project developers who willfully delay clean energy projects and ask for relaxations on commissioning dates. In its latest Order, the ministry said it gave the renewable energy implementing agencies like SECI, NTPC, and NHPC the power […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
BayWa r.e. Raises $115 Million Afresh For Solar+Storage Projects Updated On Wed, May 3rd, 2023 by Saurenergy North American solar developer BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects in the United States. BayWa r.e. said that the credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in […] Read more
EE North America Acquires 700 MW Colorado Solar Projects Updated On Wed, May 3rd, 2023 by Saurenergy Renewable Energy developer EE North America has acquired a majority stake in two solar projects, Sandy Hill Solar and Sand Dune Solar – which together make 700 MW of capacity – , in Colorado. EE North America said that the joint venture with solar power developer Horus Energy is thereby accelerating the USA’s transition to […] Read more
