GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects Updated On Wed, Dec 30th, 2020 by Saurenergy Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […] Read more
Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan Updated On Wed, Dec 30th, 2020 by Saurenergy Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […] Read more
Gujarat Solar Policy 2021. Key Points Updated On Wed, Dec 30th, 2020 by Saurenergy Gujarat, with an installed capacity of close to 11,000 Mw of renewable energy has just unveiled its new solar policy, that seeks to take the state’s total renewable energy to 30,000 MW by 2022, for starters. Chief Minister Vijay Rupani announced Gujarat’s new solar power policy on Tuesday. The new policy is expected to be […] Read more
AMP Capital Joins Sterlite Power To Establish Transmission Platform Updated On Tue, Dec 29th, 2020 by Saurenergy The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […] Read more
NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April Updated On Tue, Dec 29th, 2020 by Saurenergy NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […] Read more
Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California Updated On Tue, Dec 29th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […] Read more
Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
EPRI Selected for 3 US DOE Awards for Advancing Energy Storage Updated On Tue, Dec 29th, 2020 by Saurenergy EPRI will lead 3 projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling USD 600K The Electric Power Research Institute (EPRI) has announced that it will lead three projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling […] Read more
SECI Extends EOI Deadline for Empanelment of Agencies in E-Mobility Space Updated On Tue, Dec 29th, 2020 by Saurenergy SECI has, for a second time, extended its EOI for empanelment of agencies for work on business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has extended its EOI for empanelment of agencies for the identification and implementation of business opportunities in the electric mobility (e-mobility) space in line with the national […] Read more
