India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more
Loanpal Closes Securitization of $474 Million of Residential Solar Loans Updated On Fri, Jan 8th, 2021 by Saurenergy The securitization, the largest residential solar securitization to date, brings the total amount of securitized loans generated on the Loanpal technology platform to $1.4 billion since the beginning of 2020 Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC (“LPSLT […] Read more
Sembcorp India Confirms 400 MW Solar Capacity Win in Rajasthan Updated On Fri, Jan 8th, 2021 by Saurenergy Sembcorp Energy India has confirmed that it has won a 400 MW solar power project in Rajasthan in a closely contested auction conducted by SECI. Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project. Through its renewables subsidiary, Sembcorp Green Infra, […] Read more
Vistra Brings Online its 1200 MWh Battery Storage System in California Updated On Fri, Jan 8th, 2021 by Saurenergy Vistra has announced its 1200 MWh Moss Landing Energy Storage Facility was successfully connected to the power grid and has begun operation. Vistra has announced that its Moss Landing Energy Storage Facility was successfully connected to the power grid and began operating on December 11, 2020. At 300 MW/ 1200 MWh, the lithium-ion battery storage system, located […] Read more
Canadian Solar Sells Two Solar Projects to BluEarth Renewables Updated On Wed, Jan 6th, 2021 by Saurenergy Canadian Solar has announced it has sold ownership interest in its Hays and Jenner solar projects to BluEarth Renewables. BluEarth will also assume the management responsibilities of the projects. Located in southeast Alberta, both projects are 31 MWp (23 MWAC) in size. The projects are co-owned by Conklin Métis Local 193, an indigenous community-based in the rural hamlet […] Read more
MGE Partners with City of Madison and School District on Solar Project Updated On Sat, Jan 2nd, 2021 by Saurenergy Madison Gas and Electric (MGE) today filed an application with the Public Service Commission of Wisconsin (PSCW) for approval of an agreement to partner with the City of Madison and the Madison Metropolitan School District (MMSD) on an 8-megawatt (MW) solar array in Madison. If approved, the electricity generated by this local source of clean […] Read more
VoltUp Partners with HPCL To Create 50 EV Battery Swapping Centers Updated On Thu, Dec 31st, 2020 by Saurenergy VoltUp partners with HPCL to set up 50 Electric two and three-wheeler battery swapping centers across India in the next six months. VoltUp, a one-stop battery swapping start-up has announced its partnership with Hindustan Petroleum Corporation Limited (HPCL) to set up 50 electric two and three-wheeler battery swapping centers across India. partners VoltUp envisions to […] Read more
AMP Capital Joins Sterlite Power To Establish Transmission Platform Updated On Tue, Dec 29th, 2020 by Saurenergy The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […] Read more
Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California Updated On Tue, Dec 29th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […] Read more
