Norway’s Scatec Wins 540 MW Solar, 1140 MWh Battery Bids In South Africa Updated On Thu, Jun 3rd, 2021 by Saurenergy Norway based renewable energy developer Scatec has won preferred bidder status for 540 MW of solar projects alongside 225MW / 1,140MWh of battery storage in South Africa. For Scatec, the bid aligns well with its target of 15 GW of renewable energy with a strong mix of storage by 2025. The tender was run by […] Read more
Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders Updated On Fri, May 28th, 2021 by Saurenergy Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […] Read more
Marubeni and EGCB to Jointly Develop Feni Solar Plant in Bangladesh Updated On Mon, May 24th, 2021 by Saurenergy Marubeni Corporation (hereinafter, “Marubeni”) signed a Memorandum of Understanding (hereinafter, “MoU”) with Electricity Generation Company of Bangladesh Limited (hereinafter, “EGCB”), an electricity and utility company owned by the Bangladesh Development Board (hereinafter, “BPDB”). The MoU is regarding the joint development of the 100MW Solar PV Power Plant Project in Chittagong, Feni, southeast of People’s Republic […] Read more
Total Eren Secures Financing for 100 MW Solar Project in Uzbekistan Updated On Tue, May 11th, 2021 by Saurenergy Total Eren has successfully signed the financing documentation for its solar photovoltaic project Tutly with 100 MWac capacity in Uzbekistan Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it has successfully signed the financing documentation related to its solar photovoltaic (PV) project Tutly with 100 MWac capacity. […] Read more
Battery Firm ESS to be Publicly Listed; Value Expected to Cross $1 Bn Updated On Mon, May 10th, 2021 by Saurenergy ESS Tech, a manufacturer of iron flow batteries has entered into an agreement that will result in it becoming a publicly listed company. ESS Tech, a manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and ACON S2 Acquisition, a publicly traded special purpose acquisition company, have announced they have entered […] Read more
Siemens Gamesa Confirmed as Supplier for 1044 MW Offshore Wind Projects Updated On Fri, May 7th, 2021 by Saurenergy The collaboration between Siemens Gamesa Renewable Energy and Hai Long Offshore Wind Project (Hai Long) has been extended to 1044 MW. The strong collaboration between Siemens Gamesa Renewable Energy and customer Hai Long Offshore Wind Project (Hai Long) has been extended to 1,044 MW. Siemens Gamesa’s largest offshore agreement in Taiwan to date now covers […] Read more
Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac Updated On Thu, May 6th, 2021 by Saurenergy Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […] Read more
EDF Renewables NA Bags Three Solar Contracts From NYSERDA Updated On Thu, May 6th, 2021 by Saurenergy San Diego-headquartered independent power producer EDF Renewables North America announced yesterday that the company was awarded long-term contracts for three solar projects by New York State Energy Research and Development Authority (NYSERDA) as part of the 2020 Renewable Energy Standard Solicitation. Combined, the projects are expected to deliver a total of 303 MW of clean […] Read more
Navisun finishes 2 solar plants; starts Pollinator Program in Massachusetts Updated On Tue, Apr 27th, 2021 by Saurenergy Solar independent power producer Navisun LLC announced yesterday that it has completed two solar projects in Orange and Sheffield for a total of 3.8 MW of solar power, enough to power 600 homes with renewable energy. These plants are also one of the first solar projects in Massachusetts to be awarded the new pollinator adder through the Massachusetts’ SMART […] Read more