Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
Sammons Renewable Energy Leads $241 Million Solar Cash Equity Transaction with SolarCity Updated On Mon, Dec 26th, 2016 by Saurenergy Sammons Renewable Energy has announced that it led the equity portion of a $241 million cash equity transaction with SolarCity. Franklin Park Investments manages SRE. As part of the deal, SRE is investing in a portfolio of solar projects in 16 states, including 26,000 home residential systems and 19 commercial and industrial solar projects. The […] Read more
Blue Oak Energy with Sun Air Solar Completes 808 kWdc rooftop Solar PV System Updated On Mon, Dec 19th, 2016 by Saurenergy Blue Oak Energy and Sun Air Solar have announced the completion of a 259 kWdc rooftop solar PV system atop a facility occupied by Abbott’s diabetes care business and the Federal Aviation Administration (FAA). Located near Oakland International Airport on Bay Farm Island in San Francisco’s East Bay, a new 259 kWdc rooftop system complements […] Read more
US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
D. E. Shaw Renewable Investments acquires and commences Construction of 52 MW Solar Farm in Mississippi Updated On Fri, Dec 16th, 2016 by Saurenergy D.E. Shaw Renewable Investments (DESRI) has acquired the Mississippi Solar 2 project from Origis DevCo Inc. (Origis). The project is a 52 MWAC solar power facility located three miles away from the town of Sumrall in Lamar County, Mississippi. DESRI has announced that soon after the acquisition it has started construction of the project, which […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
TRC releases its top 12 predictions for the energy, utility, and oil and gas sectors for 2017 Updated On Tue, Dec 13th, 2016 by Saurenergy TRC Companies has released its top 12 predictions for the energy, utility, and oil and gas sectors for 2017, including robust funding for utility mergers and acquisitions and infrastructure upgrades as well as big shifts in power plant and pipeline construction focus. TRC CEO Chris Vincze said: “Even as oil and gas prices fluctuate and […] Read more
NextEra Energy Resources and First Solar celebrate commissioning of Silver State South Solar Energy Center Updated On Fri, Dec 9th, 2016 by Saurenergy NextEra Energy Resources, the largest generator of renewable energy from the wind and the sun, and First Solar celebrated the commissioning of Silver State South, a 250 megawatt (MW)ac solar energy center capable of generating enough clean energy to power approximately 80,000 homes. “Nevada has plentiful sunshine, and with the Silver State South Solar Energy […] Read more
Power generation from renewable energy sources increased to 7.54%: Piyush Goyal Updated On Tue, Nov 29th, 2016 by Saurenergy Clean energy share has increased to 7.54% of the India’s total power generation during April-September this fiscal. During this time frame the total power generation of 47.62 billion units out of 631.84 billion units was from renewable energy sources said New & Renewable Energy Minister Piyush Goyal in Rajya Sabha. Goyal in a statement said […] Read more
