IL&FS Proposes to NCLT Sale of Wind Assets to Orix Updated On Mon, Aug 12th, 2019 by Saurenergy ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […] Read more
Akuo Energy Wins 370 MW Solar Capacity in Latest Portugal Auction Updated On Fri, Aug 9th, 2019 by Saurenergy Akuo Energy has been awarded 370 MW project capacity under the latest 1,400 MW solar energy auction call, for the tender organised by Portugal Akuo Energy, one of the leading French renewable energy independent power producer and developer, has been awarded 370 MW project capacity under the latest 1,400 MW solar PV energy auction call […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Equinor to Co-Develop 120 MW Wind Farm in Argentina Updated On Wed, Aug 7th, 2019 by Saurenergy Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Norwegian multinational energy company Equinor has joined YPF Luz for the development of the 120 MW Cañadón León wind farm in Santa Cruz in Argentina. Both the developers announced that the companies have entered […] Read more
Vivint Solar Secures $325 mn Credit Facility Updated On Wed, Aug 7th, 2019 by Saurenergy Vivint Solar has closed a $325 million revolving warehouse credit facility, which refinanced the aggregation credit facility that was set to mature in 2020. Vivint Solar, Inc a leading full-service residential solar provider, has announced that it has closed a $325 million revolving warehouse credit facility, which refinanced the aggregation credit facility that was set […] Read more
IEA Announces $98 mn Wind Construction Project Updated On Wed, Aug 7th, 2019 by Saurenergy Infrastructure and Energy Alternatives, Inc. (IEA) has announced a new wind energy project award valued at approximately USD 98 million. Infrastructure and Energy Alternatives, Inc. (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced a new wind energy project award valued at approximately USD 98 million. The award is for construction of the Milligan 1 Wind […] Read more
Canadian Solar Begins Operation of Largest Solar Plant in Argentina Updated On Tue, Aug 6th, 2019 by Saurenergy Canadian Solar has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation last month Canadian Solar, one of the world’s largest solar power companies, has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation. Located in the Province of Salta, the solar project is powered by over 289,000 high-efficiency […] Read more
EESL Floats Tender for 5 Million Smart Meters Updated On Mon, Aug 5th, 2019 by Saurenergy EESL has issued a tender for procuring 5 million smart meters to be installed pan India. The Energy Efficiency Services Limited (EESL) has issued a tender for procuring 5 million smart meters to be installed pan India. India has applied for financing from the Asian Development Bank (ADB) towards the cost of Scaling Up Demand […] Read more
Global Smart Meters Total to Double by 2024 With China and India in Lead Updated On Sat, Aug 3rd, 2019 by Saurenergy According to a new report, the total number of smart meters around the world is expected to almost double over 2017 levels by 2024 A new report has revealed that the total number of smart meters around the world is expected to almost double over 2017 levels by 2024, opening up new opportunities for customer-side […] Read more
