Scatec Solar closes sale of 104 MW (DC) Utah Red Hills solar power plant to MIC Renewable Energy Updated On Fri, Dec 30th, 2016 by Saurenergy Sale generated gross cash proceeds to Scatec Solar of USD 28 million Scatec Solar has closed the sale of 100% of the sponsor equity in the 104 MW Utah Red Hills solar power plant to MIC Renewable Energy Holdings. The sale generated gross cash proceeds to Scatec of USD 28 million (NOK 245 million). The […] Read more
PTC India aims to infuse Rs. 600cr into PTC Energy, eyes generating 300MW renewable energy: Report Updated On Mon, Dec 12th, 2016 by Saurenergy PTC India is reportedly planning to pump-in Rs. 600crore into PTC Energy to generate 300MW renewable energy by March under the wholly-owned subsidiary. A senior company official with the power trading company speaking to Moneycontrol said “We will capitalise it to set up another 250 MW capacity. Our objective is to make it a 300 […] Read more
Surana Solar to deliver 15 crore order of solar modules to Aryavaan Renewable Energy Updated On Thu, Dec 1st, 2016 by Saurenergy Surana Solar limited, a part of the Hyderabad based Surana Telecom and Power Limited, has announced that it has won an order to supply solar modules for a value of Rs 15.4 crore to Aryavaan Renewable Energy. The solar module manufacturer will provide solar modules for a 5 Megawatt solar power plant situated in Hamirpur. […] Read more
Russian Billionaire Businesswoman Expands Investment Into Renewable Energy Updated On Wed, Nov 30th, 2016 by Saurenergy Australia based Inteco Beteiligungs GmbH, owned by Russian billionaire businesswoman and philanthropist Yelena Baturina, continues the expansion of a project to generate, use and market renewable energy in Europe. In October, Inteco completed the acquisition of a solar park near the city of Farsala in Greece. According to industry experts energy produced by the solar park in […] Read more
The Clock is Ticking on Tax Credits for Renewable Energy Updated On Tue, Nov 29th, 2016 by Saurenergy Tax credits for renewable technologies such as geothermal heat pumps, small wind projects and combined heat/power generation are scheduled to expire at the end of 2016 unless Congress acts this month. Doug Dougherty of GEO (Geothermal Heat Pumps), Lloyd Ritter of the Distributed Wind Energy Association and Combine Heat & Power Association head Dale Louda, […] Read more
Marathon Capital Announces FLS Energy to be Acquired by Cypress Creek Renewables Updated On Tue, Nov 29th, 2016 by Saurenergy Marathon Capital is announced to FLS Energy (“FLS” or the “Company”) is to be acquired by Cypress Creek Renewables (“Cypress Creek”). FLS is a leading owner, operator and financier of distributed generation solar projects and has developed more than 300 MWs of projects across North Carolina and other Southeastern states. In addition to managing the […] Read more
ReNew Power Signs MoU With IIT Delhi To Set Up A Research Facility On Renewable Energy Updated On Wed, Nov 23rd, 2016 by Saurenergy ReNew Power has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Delhi (IITD) to set up a research facility on renewable energy. The MoU was signed in the presence of President of India, Pranab Mukherjee at the Rashtrapati Bhavan. ReNew Power notes that MoU is aimed at encouraging and nurturing talent […] Read more
Cypress Creek Renewables and TriEagle Energy Join Forces to Make Clean Energy More Accessible and Affordable in Texas Updated On Wed, Nov 16th, 2016 by Saurenergy Cypress Creek Renewables and TriEagle Energy, independent energy retailer based in Woodlands, Texas, today announced the launch of a new direct-to-consumer program that will make solar energy more accessible to thousands of Texas consumers. Through the new SunEagle program, residents in North Texas can instantly enjoy the benefits of solar energy—low, fixed rates for years and a 100% renewable energy […] Read more
French Technology Companies in Renewable Sector Pledges to Contribute to India’s Energy Targets Updated On Wed, Sep 14th, 2016 by Saurenergy A French delegation specializing in the renewable energy sector recently visited India. The delegation comprised leading French technology companies, and representatives of associations and federations of the French renewable energy sector. The French technology companies are looking for partnerships to contribute to the renewable energy targets in India through innovative solutions and technology cooperation. These […] Read more
