Japan Asia Investment commissions 2 MW Solar Project in Aichi Updated On Sat, Aug 13th, 2016 by Saurenergy Tokyo-based Japan Asia Investment Co. Ltd. has announced that the project for its 2-MW solar photovoltaic (PV) plant in Aichi prefecture has been commissioned. Local utility Chubu Electric Power Co. will be purchasing power from the plant. With a total cost of about JPY 780 million (USD 7.71m/EUR 6.88m, the 2-MW solar plant was built […] Read more
Greenbacker buys majority of 12.1 MW rooftop solar portfolio from OneRoof Energy Updated On Thu, Aug 11th, 2016 by Saurenergy On the heels of a recent $25 million wind power investment, Greenbacker Renewable Energy Company acquired a controlling interest in a 12.1 MW portfolio of 1611 solar systems from a subsidiary of OneRoof Energy Inc., approximately for $19.75 million. The 12.1 MW systems are located on residential rooftops across seven U.S. states, including New Jersey, […] Read more
Duke Energy’s 15,000 solar panels in Osceola County is now providing carbon-free energy Updated On Wed, Jul 27th, 2016 by Saurenergy Duke Energy’s 15,000 solar panels on 17-acre facility soaking up the sun in Osceola County are now providing clean, renewable energy to the customers in Florida. The new Duke Energy owned and operated Osceola Solar Facility is about the size of 13 football fields and produces nearly 4 megawatts of carbon-free energy. It officially began commercial operation on May […] Read more
MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas Updated On Mon, Jun 13th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […] Read more
Will continue to support renewable energy projects in India: OPIC Updated On Sat, Jun 11th, 2016 by Saurenergy U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […] Read more
SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
GE Energy Financial Services connects 32 MW PV mega-solar project in Okayama Prefecture, Japan Updated On Wed, May 18th, 2016 by Saurenergy GE Energy Financial Services and Virginia Solar Group have started commercial operations on its jointly owned 32-megawatt Pacifico Energy Kumenan Mega Solar Project in Okayama prefecture, Japan. As one of largest solar power plants in the prefecture, Kumenan Solar Project has been operating with enough power to meet the demands of 11,000 Japanese households since […] Read more
Eni aims to build 420 MW renewable energy generation projects in Italy, Pakistan and Egypt Updated On Fri, May 13th, 2016 by Saurenergy Rome-based gas and oil company Eni has made new and important progress in its commitment to combatting climate change, creating an original model of integration between its traditional business and energy from renewable sources. The company has announced to build up to 420MW of renewable plant in three countries. New renewable energy generation projects will […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
