Tata Power Forms New Arm to Set Up 10,000 Microgrids by 2026 Updated On Mon, Nov 4th, 2019 by Saurenergy However, the newly formed company, TP Renewable Microgrid Ltd, will be operated and managed by the Tata Power itself, while the Rockefeller Foundation will provide technical support to the offshoot for achieving its objective. Utility giant Tata Power on Monday announced the formation of its new arm, TP Renewable Microgrid Ltd, with an aim to […] Read more
Govt to Devise Long Term Policy for Continuous Demand for Local Products: Samir Mehta Updated On Fri, Nov 1st, 2019 by Saurenergy We believe that to ensure local manufacturing happens in India, government has to devise a long-term policy for continuous demand for local cells/modules for at least 10 years which will ensure that project returns are easily guaranteed for investor and also ensure that no matter what situation arises these policies are not tempered or affected […] Read more
PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project Updated On Wed, Oct 30th, 2019 by Saurenergy PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […] Read more
Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm Updated On Tue, Oct 29th, 2019 by Saurenergy Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […] Read more
Southern Power Acquires 136 MW Wind Facility From RES Updated On Tue, Oct 29th, 2019 by Saurenergy Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […] Read more
Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
Lightsource BP Gets Debt Financing for 200 MW Australian Solar Project Updated On Fri, Oct 25th, 2019 by Saurenergy Lightsource BP has signed a senior debt facility with ING and Export Development Canada to fund its first Australian solar project worth 200 MW. Lightsource BP has announced that it has signed a senior debt facility with ING and EDC (Export Development Canada) to fund its first Australian solar project. The 200 MWp solar installation, […] Read more
Blackrock and GE Backed Firm Raises $250 mn to Fund Distributed Solar Projects Updated On Fri, Oct 25th, 2019 by Saurenergy DSD, the business-backed by BlackRock and GE Renewable Energy, has announced the closing of a USD 250 million fund to invest in future solar projects Distributed Solar Development (DSD), the business-backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has announced the closing of a USD 250 million fund financed by […] Read more
Total Wins 32 MW Rooftop Solar and Wind Projects in Latest French Auctions Updated On Fri, Oct 25th, 2019 by Saurenergy Total Quadran has won 32 MW of rooftop solar and wind projects during the recent call for tenders by the French Energy Regulatory Commission. Total continues to actively contribute to the growth of solar and wind power in France, with its affiliate Total Quadran winning 32 MW of new rooftop solar and wind power projects […] Read more
