Reduction in Power Cost due to Prepayment by Customers: Power Ministry Updated On Wed, Jan 29th, 2020 by Saurenergy The Ministry of Power has asked the state and UT governments to consider reducing the cost of power due to prepayment by the end consumers. The Ministry of Power (MoP) has in its latest notification asked the state and UT (Union Territory) governments to request the state electricity regulatory commissions (SERC) to consider reducing the […] Read more
Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn Updated On Wed, Jan 29th, 2020 by Saurenergy Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […] Read more
Banque des Territoires Takes a 50% Stake in Total’s French Renewable Portfolio Updated On Tue, Jan 28th, 2020 by Saurenergy Total and Banque des Territoires have signed an agreement for the latter to take a 50% stake in Total Quadran’s solar and wind energy assets in France Total, through Total Quadran – its renewable electricity production subsidiary in France, and Banque des Territoires have signed an agreement upon which Banque des Territoires takes a 50% […] Read more
Duke Energy to Build Two 74.9 MW Solar Projects in Florida Updated On Tue, Jan 28th, 2020 by Saurenergy Duke Energy Florida has announced the locations of its two newest solar power plants which will provide cleaner energy solutions to benefit Florida customers Duke Energy Florida (DEF), a subsidiary of Duke Energy, has announced the locations of its two newest solar power plants which will provide cleaner, smarter energy solutions to benefit Florida customers. “Our two […] Read more
Clir Renewables Hits 6 GW Milestone, Tripling its Portfolio in 2019 Updated On Tue, Jan 28th, 2020 by Saurenergy Clir Renewables has surpassed a total of 6 GW of assets on its platform in 2019, a three-fold increase from 2 GW at the end of 2018. New figures from Clir Renewables, a leading cloud-based AI platform that provides asset managers and owners with tools to maximise annual energy production, surpassed a total of 6 […] Read more
WEC Energy to Acquire 80% Stake in 250 MW Blooming Grove Wind Farm Updated On Tue, Jan 28th, 2020 by Saurenergy The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The project is being developed in McLean County, Illinois […] Read more
GM Invests $2.2 Bn in its First 100% Plant Devoted to Electric Vehicles Updated On Tue, Jan 28th, 2020 by Saurenergy General Motors’ (GM) is investing USD 2.2 billion in its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles General Motors’ (GM) vision of an all-electric future is coming into clearer focus and gaining momentum with a USD 2.2 billion investment at its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles including […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more
Appalachian Power Issues RfP for 200 MW Solar Projects in Virginia Updated On Mon, Jan 27th, 2020 by Saurenergy Appalachian Power has issued an RfP for up to 200 MW of solar energy that will reduce customer costs and further diversify its electric generation mix Appalachian Power this week issued a second Request for Proposals (RFP) for up to 200 megawatts (MW) of solar energy resources that will reduce customer costs and further diversify […] Read more
