CIT Leads $69 Million Financing for Solar Portfolio Updated On Thu, Jan 14th, 2021 by Saurenergy CIT Group Inc. has announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located […] Read more
Cordelio Power Sells 49% Stake in Ontario Renewable Power Portfolio to Axium Infrastructure Updated On Wed, Jan 13th, 2021 by Saurenergy Cordelio Power (“Cordelio”) and Axium Infrastructure (“Axium”) are pleased to announce that Axium has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW “Denfield” portfolio includes four wind projects and two solar projects located in southwestern Ontario. Cordelio will continue to manage the Denfield assets for the newly formed partnership. “We’re excited to partner and share best […] Read more
The Case For Battery Storage- A UK View Updated On Wed, Jan 13th, 2021 by Saurenergy A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […] Read more
JinkoSolar N-Type Mono Modules set Record Efficiency of 23.01% Updated On Wed, Jan 13th, 2021 by Saurenergy JinkoSolar has announced that the company’s N-type mono modules have been confirmed to hit a record-high conversion efficiency of 23.01% Chinese module manufacturer JinkoSolar has announced that the company’s latest developed N-type mono modules have been tested by the authoritative third-party organization TÜV Rheinland. And, it has been confirmed that the Jinko N-type panels hit […] Read more
Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
2021: Counting On PSU’s To Flex Solar Muscles Updated On Wed, Jan 13th, 2021 by Saurenergy Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […] Read more
Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA Updated On Tue, Jan 12th, 2021 by Saurenergy No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […] Read more
cKers Finance Ties Up with OTO Capital, Promoting E2Ws in India Updated On Tue, Jan 12th, 2021 by Saurenergy cKers Finance, a ‘sustainable energy finance firm” yesterday announced its debt financing tie-up with OTO Capital, a finance startup for two-wheelers, for its electric two-wheelers (E2Ws) leasing program in India. cKers has set-up an initial line of INR 30 million for OTO. OTO will use this facility to purchase E2Ws in India, which will then be […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
