Adani Green Raises $1.35 Bn for 1.69 GW of Solar, Wind Assets in Rajasthan Updated On Thu, Mar 18th, 2021 by Saurenergy Adani Green Energy has successfully raised USD 1.35 billion to initially finance a 1.69 GW portfolio of solar and wind projects in Rajasthan. Adani Green Energy Limited (AGEL) has announced that it has successfully raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of […] Read more
Bechtel Supports RE Technology to Accelerate UK Offshore Wind Generation Updated On Tue, Mar 16th, 2021 by Saurenergy Hexicon, Swedish floating windfarm developer and technology provider and Bechtel are partnering to deliver large-scale offshore floating wind projects along the British coastline and abroad. Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative offshore wind technology for large-scale floating power generation projects off the coast of the U.K. The floating technology could be […] Read more
Ayala Backed Sitara Solar Achieves Financial Closure for 100 MW Rajasthan Project Updated On Mon, Mar 15th, 2021 by Saurenergy Sitara Solar, backed by the Philippines based Ayala Solar subsidiary AC Energy and UPC Renewables China Holding, has announced financial closure for its 100 MW project in Rajasthan. The firm had won the project in SECI’s 750 MW solar auction just over a year back, by bidding at a price of Rs 2.48/KwH. The project […] Read more
Australia Approves 1.8 GW Hybrid, Plus battery Project Updated On Fri, Mar 12th, 2021 by Saurenergy Australia, where rooftop solar was the big winner till last year, continues to make big strides in redressing the balance with the South Australia government approving a huge project in Goyder South for wind, solar and battery storage. The project, once completed, is expected to take the state to a net 100 percent figure for […] Read more
AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt Updated On Mon, Mar 8th, 2021 by Saurenergy The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse […] Read more
Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments Updated On Fri, Feb 26th, 2021 by Saurenergy Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […] Read more
EDF-R, Enbridge & wpd Begin Work on 448 MW Calvados Offshore Wind Farm Updated On Mon, Feb 22nd, 2021 by Saurenergy EDF Renewables, a subsidiary of the EDF Group, EIH S.à r.l, a subsidiary of Enbridge Inc., a North American energy infrastructure company, and wpd, a European renewable energies company, are announcing the launch of construction activity on the Calvados offshore wind farm (Courseulles-sur-Mer). This announcement follows the finalisation of financing agreements between the consortium and its financial […] Read more
Scatec Reaches Financial Close on 150 MW Solar Project in Pakistan Updated On Mon, Feb 22nd, 2021 by Saurenergy Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project in Pakistan Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project with a total investment of about USD 100 million. Scatec’s first […] Read more
Lightsource bp Acquires 845 MW Solar Portfolio in Spain Updated On Tue, Feb 16th, 2021 by Saurenergy Lightsource bp has announced the acquisition of an 845 MW solar portfolio in Spain from Iberia Solar Lightsource bp, a global leader in the development and management of solar energy projects, has announced the acquisition of an 845 megawatt (MW) solar portfolio in Spain from Iberia Solar, a local solar developer and part of the […] Read more
