Masdar JV Reaches Financial Close On Indonesia’s First Floating Solar Plant Updated On Wed, Aug 4th, 2021 by Saurenergy UAE-based renewable energy company Masdar and its partner PT PJBI announced today that their joint venture (JV) has achieved the financial close on the Cirata Floating Solar Power Plant project in Indonesia. The construction work of Indonesia’s first-ever floating solar power plant has begun. PT. PMSE (Pembangkitan Jawa Bali Masdar Solar Energi) is the JV […] Read more
Terra-Gen Closes Financing for First Phase of Solar Storage Facility in California Updated On Wed, Aug 4th, 2021 by Saurenergy Terra-Gen, LLC, an independent renewable energy provider, has completed financing on the initial phase of its Edwards Sanborn Solar Storage facility in California. The Edwards Sanborn solar storage facility is expected to produce clean energy for more than 158,000 homes and displace more than 307,000 tons of CO2 annually. The storage facility comprises 346 MWac […] Read more
ReNew Signs MoU with RackBank to Power India’s First Hyper-scale Data Center Updated On Tue, Aug 3rd, 2021 by Saurenergy Gurgaon-headquartered renewable energy company, ReNew Power today announced the signing of a Memorandum of Understanding (MoU) with RackBank Datacenters Limited (RackBank) to provide power through 100% renewable energy. RackBank is a data center platform providing data center services including but not limited to dedicated servers, managed servers, and colocation services. ReNew will supply power generated […] Read more
Corporates Almost Match Utilities As Solar Installs Hit New High In the US Updated On Tue, Aug 3rd, 2021 by Saurenergy A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […] Read more
The 7-Point Checklist Before You Finalize Your Rooftop Solar System Updated On Mon, Aug 2nd, 2021 by Saurenergy Solar power is still considered new in India. It was in 2010 when Government of India launched National Solar Mission (NSM) as a key initiatives with an aim to promote sustainable ecological growth while solving for country’s energy security. From 1.2 GW in 2012 to 40 GW in 2021, Solar Energy in India today is […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
First Solar Signs Up For Make in India With 3.3 GW Manufacturing facility in India Updated On Fri, Jul 30th, 2021 by Saurenergy First Solar, Inc. (Nasdaq: FSLR) today announced that it intends to invest $684 million in a new, fully vertically-integrated photovoltaic (PV) thin film solar module manufacturing facility in India. Contingent upon permitting, and pending approval of Indian government incentives that are satisfactory to First Solar, the advanced facility is expected to commence operations in the second […] Read more
Tata Power Tops CRISIL’s ESG Rankings Among Power Companies Updated On Thu, Jul 29th, 2021 by Saurenergy Tata Power, India’s largest integrated power company, has secured the highest score among its peers in the Indian Power sector in CRISIL’s, recently launched environmental, social and governance (ESG) scores. CRISIL, an S&P Global Company, is a provider of ratings, data, research, analytics, and solutions. By doing well on all ESG parameters viz. Environmental, Social […] Read more
Avangrid Sells 600MW Nevada Solar & Storage Projects To Primergy Solar Updated On Mon, Jul 26th, 2021 by Saurenergy Portland-headquartered renewable energy company, Avangrid Renewables LLC has announced that it has sold its 600 MW solar and storage projects portfolio to a California-based solar and battery storage company, Primergy Solar LLC. Even after selling the portfolio, Avangrid will continue to work on the development of these projects in Nevada. Avangrid Renewables LLC is a […] Read more
