Sterling and Wilson Solar Board Pushes for Security From Promoters Updated On Thu, Jul 9th, 2020 by Saurenergy The board of Sterling and Wilson Solar has asked company promoters to provide necessary security in respect of default on the loan installment of Rs 500 crore that was due on June 30. This was communicated by the firm in a release yesterday. The firm, which has been struggling with the issue of its promoters […] Read more
Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
Duke Energy Brings Online its Largest Solar Project in Texas Updated On Wed, Jul 8th, 2020 by Saurenergy Duke Energy has announced that its 200 MW Holstein Solar project in Texas has begun commercial operation. It is the largest solar project in its fleet. Duke Energy Renewables, a subsidiary of Duke Energy, has announced that its 200-megawatt (MW) Holstein Solar project in Nolan County, Texas, has begun commercial operation. It is the largest solar project […] Read more
Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA Updated On Wed, Jul 8th, 2020 by Saurenergy Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […] Read more
NHDC Empaneling Module Manufacturers for its Solar Projects Updated On Wed, Jul 8th, 2020 by Saurenergy NHDC has issued a global tender for the empanelment of experienced and capable solar PV module manufacturers for the development of its solar power projects NHDC Limited, a JV company between NHPC Ltd and the Government of Himachal Pradesh, has issued a global tender for the empanelment of experienced and capable solar PV module manufacturers […] Read more
Sunrun-Vivint Deal the Largest Consolidation in Residential Solar History: WoodMac Updated On Wed, Jul 8th, 2020 by Saurenergy Sunrun has agreed to acquire Vivint Solar in an all-stock transaction, with the deal valued at USD 3.2 billion including debt. Commenting on the deal, Ravi Manghani, Wood Mackenzie Research Director, said: “Per Wood Mackenzie’s US PV Leaderboard, Sunrun and Vivint have been the #1 and #2 residential solar companies in the US for the […] Read more
NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR Updated On Wed, Jul 8th, 2020 by Saurenergy NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […] Read more
SECI Tenders for 5 MW Solar Power Plant at Tuticorin Port Updated On Wed, Jul 8th, 2020 by Saurenergy SECI has issued a tender for setting up a 5 MW grid-connected solar PV power plant at the V. O. Chidambaranar Port Trust (VOCPT) in Tuticorin, Tamil Nadu. The Solar Energy Corporation of India (SECI) has issued a tender, inviting bids from eligible firms for setting up a 5 MW grid-connected solar PV power plant […] Read more
CleanMax Receives Financing From GCPF for Southeast Asia Expansion Updated On Wed, Jul 8th, 2020 by Saurenergy GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first. The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand […] Read more