SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects Updated On Fri, Feb 26th, 2021 by Saurenergy SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […] Read more
Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments Updated On Fri, Feb 26th, 2021 by Saurenergy Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […] Read more
Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
Ecoppia Secures First Project in Egypt, the 1.65 GW BenBan Solar Park Updated On Fri, Feb 26th, 2021 by Saurenergy Ecoppia, a leader in robotic solutions for PV solar, has won a new project in one of the worlds’ largest solar parks in BenBan, Egypt Ecoppia, a leader in robotic solutions for photovoltaic solar, has announced a new project win in one of the worlds’ largest solar parks in BenBan, Egypt. The BenBan solar park, […] Read more
BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis Updated On Fri, Feb 26th, 2021 by Saurenergy BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […] Read more
Another day Another Extension, SECI Extends 50 MW Solar Tender in Tamil Nadu Updated On Fri, Feb 26th, 2021 by Saurenergy SECI has extended the bid submission deadline for its tender for commissioning of 50 MW solar PV project with land and O&M in Tamil Nadu The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the design, engineering, supply, construction, erection, testing and commissioning of 50 MW (AC) […] Read more
PM Modi Inaugurates & Lays Foundation Stone for Solar Projects in Tamil Nadu Updated On Fri, Feb 26th, 2021 by Saurenergy PM Modi has dedicated to the nation 709 MW solar projects and laid the foundation stone for a 5 MW solar power plant at VOC Port in Tamil Nadu Prime Minister Narendra Modi on February 25, 2021, dedicated to the nation 709 MW Solar Power Projects developed by NLC India in the state of Tamil […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
Tumakuru Smart City Floats Tender For 20 MW Floating Solar Project Updated On Thu, Feb 25th, 2021 by Saurenergy The Ministry of Housing and Urban Affairs (MoHUA) of GoI has initiated the Smart City Mission (SCM) and selected Karnataka’s Tumakuru city to be developed as a Smart City. As part of the Smart City Initiative, Tumakuru Smart City Limited (TSCL) has floated a tender for the development of a 20 MWp Grid Connected Floating […] Read more
