Peck Company Takes Over iSun Energy, a Clean Energy Product Innovator Updated On Wed, Jan 6th, 2021 by Saurenergy US-based commercial solar engineering, procurement, and construction (EPC) firm The Peck Company has signed a binding term sheet to acquire iSun Energy LLC, a solar-powered electric vehicles (EV) provider. Peck will acquire iSun in an all-stock transaction. After taking over, Peck will change itself to iSun Energy and trade on Nasdaq under the ticker “ISUN”. […] Read more
ADB Approves $231 Mn Loan to Increase Clean Energy Supply in Assam Updated On Mon, Jan 4th, 2021 by Saurenergy The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India. This loan is the third and largest tranche of the $300 million Assam Power Sector Investment Program approved by ADB in 2014. The project has so far upgraded the 70-megawatt (MW) […] Read more
Apex Clean Energy Closes $200 Million Refinancing Updated On Sat, Dec 19th, 2020 by Saurenergy Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on […] Read more
Clean Energy Goes Spiritual, As Key UP Cities To add 670 MW Rooftop Solar Updated On Thu, Dec 17th, 2020 by Saurenergy Uttar Pradesh energy minister Shrikant Sharma has announced that places of religious importance in the state will be powered by solar energy by 2024. Among the cities cited by him were Ayodhya, Mathura, Varanasi, Prayagraj and Gorakhpur. Rooftop solar would be the preferred medium to achieve the target of 670 MW, powered by central subsidies […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
COVID-19 Surge Leaves 446,000 US Clean Energy Workers Unemployed: Report Updated On Thu, Dec 10th, 2020 by Saurenergy As COVID-19 cases surged in the US, fewer than 8,000 jobs were added by US clean energy businesses in November, leaving more than 446,000 unemployed Clean energy companies added the fewest number of jobs in November since unemployment peaked in May, as COVID-19 cases and shutdowns in the US surged to their highest levels since […] Read more
Clean Energy, Powered by Clean Technology, is Critical for India: Kant Updated On Thu, Dec 10th, 2020 by Saurenergy Niti Aayog CEO Amitabh Kant has said that clean energy is critical for India and it must achieve it by getting into cutting-edge technology. Niti Aayog CEO Amitabh Kant, while addressing a virtual book launch event organised by the Observer Research Foundation, has said that clean energy is critical for India and that it is important for the […] Read more
McDonald’s Secures two Wind PPAs Worth 326 MW With Apex Clean Energy Updated On Wed, Dec 9th, 2020 by Saurenergy Apex Clean Energy has announced two power purchase agreements (PPAs) executed with McDonald’s totaling 326 MW of wind energy. Apex Clean Energy has announced two power purchase agreements (PPAs) executed with McDonald’s totaling 326 MW of wind energy. McDonald’s will purchase 200 MW from Caddo Wind, located in Caddo County, Oklahoma, and 126 MW from […] Read more
ReneSola Power Inks Solar-Plus-Storage Power Purchase Agreement with Valley Clean Energy Updated On Wed, Dec 2nd, 2020 by Saurenergy ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, announced today that it signed a power purchase agreement (“PPA”) for a solar and battery system with Northern California-based Valley Clean Energy (“VCE”), a public electricity provider serving over 125,000 customers in cities of Woodland and Davis, and Unincorporated Yolo County. The project is located […] Read more