Grid Imbalance Becoming An Issue For RE in Australia-Woodmac Updated On Thu, Apr 30th, 2020 by Saurenergy Wood Mackenzie (Woodmac), the global research firm has highlighted the hurdles renewables energy growth is facing in Australia. The firm says that while the renewable energy project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), the current conversion rate to firm […] Read more
Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
Capstone Infrastructure Acquires 51% Stake in 132 MW Solar Project Updated On Fri, Jan 31st, 2020 by Saurenergy Capstone Infrastructure has announced that it has successfully acquired a 51 percent interest in the 132 MW Claresholm Solar Project from Perimeter Solar. Capstone Infrastructure Corporation has announced that it has successfully acquired a 51 percent interest in the 132 MW Claresholm Solar Project from Perimeter Solar Inc. The remaining 49 percent interest is indirectly […] Read more
IRENA and EBRD Sign Agreement to Strengthen Cooperation Updated On Tue, Jan 14th, 2020 by Saurenergy IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […] Read more
Greenbacker Acquires Solar Portfolio Worth 110 MW in New York Updated On Wed, Jan 8th, 2020 by Saurenergy Greenbacker Renewable Energy has signed the rights to an approximately 110 MW portfolio of solar projects located in Greene and Albany counties, New York Greenbacker Renewable Energy has announced that, through a wholly-owned subsidiary, it has signed the rights to an approximately 110 MW portfolio of solar projects located in Greene and Albany counties, New […] Read more
ADB Grants $22 mn for Solar Plus Storage Project in Nauru Updated On Mon, Sep 30th, 2019 by Saurenergy ADB has granted USD 22 million to Nauru to fund the delivery of sustainable solar energy to help meet the socio-economic development needs of the country The Asian Development Bank (ADB) and the Government of Nauru have signed a USD 22 million grant for a project that will fund the delivery of reliable, affordable, secure, […] Read more
IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects Updated On Tue, Sep 17th, 2019 by Saurenergy Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […] Read more
Capital Dynamics Acquires 68 MW Wind Portfolio in Northern Ireland Updated On Wed, Aug 21st, 2019 by Saurenergy Capital Dynamics CEI has reached an agreement to acquire 100% of the equity in a portfolio of 4 operating wind projects totaling 68 MW in Northern Ireland Capital Dynamics, an independent global private asset management firm, has announced that its European Clean Energy Infrastructure (CEI) business has reached an agreement to acquire 100 percent of […] Read more
IEA Announces $98 mn Wind Construction Project Updated On Wed, Aug 7th, 2019 by Saurenergy Infrastructure and Energy Alternatives, Inc. (IEA) has announced a new wind energy project award valued at approximately USD 98 million. Infrastructure and Energy Alternatives, Inc. (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced a new wind energy project award valued at approximately USD 98 million. The award is for construction of the Milligan 1 Wind […] Read more