NTPC, SECI to Set Up 10GW Renewable Energy Parks in Rajasthan Updated On Sat, Mar 28th, 2020 by Saurenergy With an aim to achieve the target of 175 GW of renewable energy by 2022, the government has ramped up its process of tendering of renewable energy projects across the country. In line with this, India’s largest power generation utility NTPC and state-owned Solar Energy Corporation of India (SECI) will soon be signing an agreement with […] Read more
MNRE to Issue Uniform Guidelines for Renewable Energy Procurement Updated On Sat, Mar 28th, 2020 by Saurenergy In a further step to provide relief to the ailing renewable energy sector in the country, the Ministry of New and Renewable Energy (MNRE) is mulling to issue uniform combined guidelines for the procurement of renewable energy i.e. solar, wind, and hybrid energy including storage. The government’s motive behind issuing uniform guidelines is to boost […] Read more
New York Announces Awards for 21 Renewable Projects Worth 1278 MW Updated On Wed, Mar 25th, 2020 by Saurenergy New York has unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects totaling 1,278 MW of new renewable capacity. (Updated on March 25, 2020) New York Governor Andrew M. Cuomo recently unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects across upstate New […] Read more
Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac Updated On Fri, Mar 20th, 2020 by Saurenergy In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […] Read more
Investments in RE Sector Fell 14% to Rs 68550 Cr in 2019 Updated On Fri, Mar 20th, 2020 by Saurenergy Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. In 2018, the estimated investment […] Read more
Lacuna Raises $50 Mn for Investment in Solar and Storage Development Projects Updated On Thu, Mar 19th, 2020 by Saurenergy Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million for investment in development-stage solar and storage projects. Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million to invest in development-stage solar and storage projects. Lacuna Sustainable Investments is an investment management firm active in the development, financing and monetisation of […] Read more
Plus Renewable, Avondale Solar to Sell 350 MW Solar Project Updated On Thu, Mar 19th, 2020 by Saurenergy Plus Renewable and Avondale Solar have entered into an agreement to sell their interests in a 350 MW solar PV project in Fort Bend County, Texas Plus Renewable Technologies and Avondale Solar have entered into an agreement to sell their interests in a 350 MW solar PV project in Fort Bend County, Texas that they are developing via their affiliate AP Solar Holdings […] Read more
Brookfield Renewable and TerraForm Power Enter Definitive Merger Agreement Updated On Wed, Mar 18th, 2020 by Saurenergy Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement for Brookfield Renewable to acquire all of the outstanding shares of Class A common stock of TerraForm Power, other than the […] Read more
Pattern Energy and CPP Investments Complete Merger Transaction Updated On Tue, Mar 17th, 2020 by Saurenergy Pattern Energy Group and CPP Investments have announced the completion of the previously announced merger transaction Pattern Energy Group and Canada Pension Plan Investment Board (CPP Investments) have announced the completion of the previously announced merger transaction. Under the terms of the merger agreement, CPP Investments acquired all of the outstanding common shares of Pattern […] Read more
