KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
Belltown Completes Development & Sale of 750 MW Solar Projects in 2020 Updated On Tue, Feb 9th, 2021 by Saurenergy Belltown Power Texas, a leading developer of utility-scale solar projects, has completed the development and sale of five projects adding up to 750 MW during the course of 2020, which brings the total Belltown track record to 930MW. Belltown specializes in greenfield development of projects, starting with site identification and navigating interconnection, real estate, permitting, […] Read more
Europe Invested a Record €26 bn in Offshore Wind in 2020: Report Updated On Tue, Feb 9th, 2021 by Saurenergy Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […] Read more
MNRE Formalises Amendments to RTC RE Power Procurement Guidelines Updated On Tue, Feb 9th, 2021 by Saurenergy MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […] Read more
Amp Energy Commissions 7.8 MW Solar Plant for L&T Metro Rail Hyderabad Updated On Mon, Feb 8th, 2021 by Saurenergy Amp Energy India has commissioned one of the largest BTM solar projects in India for L&T Metro Rail – Hyderabad. Amp Energy India has announced that it has commissioned one of the largest behind-the-meter solar projects in India for L&T Metro Rail – Hyderabad, a Public-Private Partnership (PPP) project between the Government of Telangana and […] Read more
Total Expands US Portfolio With Acquisition of 2.2 GW Solar Pipeline, 600 MW Storage Updated On Mon, Feb 8th, 2021 by Saurenergy Total has strengthened its presence in the US market by acquiring a pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets French major Total has announced that it has strengthened its presence in the US market by acquiring a development pipeline of 2.2 GW of solar projects, and 600 MW […] Read more
Tata Power Reports Q3 Results, Strong Showing by Renewables Biz Updated On Fri, Feb 5th, 2021 by Saurenergy Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […] Read more
Adani Green Snaps Up 3 GW in 6.4 GW AP Solar Tender Updated On Thu, Feb 4th, 2021 by Saurenergy Adani Green Energy has won 5 bids for a combined 3 GW capacity, priced in the range of Rs 2.49 to Rs 2.58/kWh in the recent AP solar tender The widely awaited results of the tender for 6.4GW from the Andhra Pradesh Green Energy Corporation Limited (APGECL) is out, and the results are on expected […] Read more
Boralex Announces Closing of the Acquisition of Interests in 7 Solar Plants in US Updated On Wed, Feb 3rd, 2021 by Saurenergy Boralex has announced the closing of the previously reported acquisition of the controlling interests in a portfolio of seven solar plants located in the United States, for a purchase price of CA $277 million (US $215.6 million) after certain adjustments made as per the acquisition agreements. The seven solar plants have a total gross installed capacity of 209 […] Read more
