NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
I Squared Completes Sale of Largest Solar Platform in Taiwan to Marubeni Updated On Thu, Apr 23rd, 2020 by Saurenergy I Squared Capital has completed the sale of Chenya Energy, the largest solar platform in Taiwan, to Japanese firm Marubeni Corporation. I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction and operating platform in Taiwan and […] Read more
RWE Renewables Closes Financing for 151 MW Wind Project Updated On Thu, Apr 23rd, 2020 by Saurenergy RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […] Read more
In China, a Mixed Bag of Results And News from Solar Majors in Q1 Updated On Wed, Apr 22nd, 2020 by Saurenergy Close on the heels of a strong recovery in March this year, right after the worst of the Covid-19 imposed lockdowns in the country, major China-based firms have declared a mixed set of news, guidance, and results. Bringing up the tough news was Sunpower, a manufacturer of cells and modules, which has idled its plants […] Read more
China’s March Jump in PV Exports Unlikely To Sustain Updated On Tue, Apr 21st, 2020 by Saurenergy China-based manufacturers got some relief in March, as PV equipment exports spiked 160 percent to 7.49 GW over the 2.83GW figure for February 2020. March was when most Chinese manufacturers restarted operations after the lockdown and disruptions caused there, by the Covid-19 outbreak. A resumption to full production is still in doubt, with restrictions rolling […] Read more
Europe saw EUR 19 bn of new Wind Farm Investments Confirmed in 2019 Updated On Thu, Apr 16th, 2020 by Saurenergy Europe saw EUR 19 billion of new wind farm investments confirmed in 2019, off which EUR 13 billion went towards onshore wind energy projects. According to a new report, Europe saw EUR 19 billion of new wind farm investments confirmed in 2019. A further EUR 33 billion was invested in the refinancing of wind farms, […] Read more
European RE Industry Started Recovery from March Low Prices: Report Updated On Wed, Apr 15th, 2020 by Saurenergy The worse hit prices of renewable energy across Europe in March amid coronavirus have shown the signs of recovery in April, says software and advisory services provider firm. Renewable energy prices across Europe took a substantial hit at the beginning of March, falling between 15-30 percent across key markets compared to average prices in February. […] Read more
WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
NREL Six-Junction Solar Cell Sets Two World Records for Efficiency Updated On Tue, Apr 14th, 2020 by Saurenergy Scientists at NREL have fabricated a solar cell with an efficiency of nearly 50 percent. The cell now holds two world records for solar conversion efficiency Scientists at the National Renewable Energy Laboratory (NREL) have fabricated a solar cell with an efficiency of nearly 50 percent. The six-junction solar cell now holds the world record […] Read more
