First Solar Completes Sale of 10 GW Solar Project Platform to Leeward Updated On Sat, Apr 3rd, 2021 by Saurenergy First Solar, Inc., announced that it completed the previously announced sale of a utility-scale solar project platform of approximately 10 gigawatts (GW)AC to Leeward Renewable Energy, LLC (“Leeward”), yesterday. As part of Leeward’s acquisition of the US project platform, more than 50 members of the First Solar project development team have joined Leeward. Headquartered in Dallas, Texas, […] Read more
J-POWER USA Starts Work to Convert Retired Coal Facility Into new Solar and Storage Facilities Updated On Sat, Apr 3rd, 2021 by Saurenergy J-POWER USA Development Co., Ltd. (“J-POWER USA“) and funds managed by affiliates of Fortress Investment Group, LLC (“Fortress”) have agreed to jointly pursue development of Birchwood Solar, a 50 MWac solar plant and Birchwood Storage, a 190 MWac, energy storage facility. These projects would convert Birchwood Power, a coal plant which has been in operation since November, 1996 […] Read more
Masdar Agrees to Expand Uzbekistan Wind Farm Capacity to 1.5 GW Updated On Sat, Apr 3rd, 2021 by Saurenergy Masdar has signed an agreement with the Government of Uzbekistan to extend the capacity of its utility-scale wind farm project up to 1.5 GW. Masdar, one of the world’s leading renewable energy companies, has signed an Implementation Agreement with the Government of the Republic of Uzbekistan to extend the capacity of its utility-scale wind farm […] Read more
DTE Electric Company Completes Third Green Bond Offering Updated On Wed, Mar 31st, 2021 by Saurenergy $1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […] Read more
Global Solar Installations to Grow 27% to Reach 181 GW in 2021: IHS Updated On Tue, Mar 30th, 2021 by Saurenergy According to a report by IHS Markit, the new global solar photovoltaic (PV) installations are expected to grow by 27 percent this year to a record 181 gigawatts (GW), led by China, the United States, and India. However, new solar PV installations were at 142 GW in the year 2020. Although this year the prices […] Read more
Unsustainable. 128 Non-functional Solar Plants in J&K due to Callous Attitude Updated On Tue, Mar 30th, 2021 by Saurenergy In a scathing indictment of the way taxpayer money is allowed to be wasted, including in renewable energy, the Comptroller and Auditor General (CAG) has highlighted the shocking state of 128 solar plants in J&K (Jammu and Kashmir). Set up at police establishments, these plants have been non-functional since 2014 due to non-settlement of payment […] Read more
Maharashtra Seamless Goes Green With 21 MW Solar Plant from Waaree Updated On Fri, Mar 26th, 2021 by Saurenergy Waaree Energies, India’s largest solar module manufacturer and a leader in the EPC segment, has announced the commissioning of 21 MWp ground-mounted solar project in Solapur, Maharashtra. The open access project was executed for Maharashtra Seamless Ltd for captive consumption. This plant is developed to help MSL achieve its endeavor to go carbon neutral. Developed […] Read more
Engie Closes Deal With Edelweiss Yield Plus For India Solar Assets Updated On Fri, Mar 26th, 2021 by Saurenergy In one of the largest renewable energy deals during the past year, Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund by Edelweiss Alternative Asset Advisors, announced yesterday that it has acquired a 74 per cent stake in French energy major Engie Group’s solar portfolio in India. The investment from the fund will free up Engie to […] Read more
JICA Signs Loan Agreement for JPY 10 billion with TCCL for Climate Change Management Project in India Updated On Thu, Mar 25th, 2021 by Saurenergy Japan International Cooperation Agency (JICA) signed a Loan Agreement for a maximum amount of JPY 10 billion with Indian Non-Banking Financial Company, Tata Cleantech Capital Limited (TCCL) to support the company to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency, to help mitigate the […] Read more
