Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg Updated On Thu, Dec 24th, 2020 by Saurenergy The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […] Read more
Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform Updated On Thu, Dec 24th, 2020 by Saurenergy Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […] Read more
Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan Updated On Thu, Dec 24th, 2020 by Saurenergy Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […] Read more
RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm Updated On Wed, Dec 23rd, 2020 by Saurenergy RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […] Read more
Enel Brings Online 2 New Wind Farms, Including Its Largest Operational RE Plant Worldwide Updated On Tue, Dec 22nd, 2020 by Saurenergy Enel Green Power North America has begun operating a 199 MW expansion to the Cimarron Bend wind farm in Kansas, increasing the facility’s total capacity to 599 MW as the largest operational renewable plant owned by the Enel Group. The company’s 236.5 MW White Cloud wind farm has also begun operations in Missouri. With the […] Read more
BayWa r.e. Completes Construction of 250 MW Amadeus Wind Farm in Texas Updated On Tue, Dec 22nd, 2020 by Saurenergy Project is largest wind farm completed to date in BayWa r.e.’s global portfolio BayWa r.e. has completed construction and achieved financial close of the Amadeus Wind project in Texas. Located northwest of Abilene in Rotan, the 250 MW wind farm has begun selling power into the grid and will generate enough clean, renewable energy to meet the electricity needs […] Read more
Statkraft to Build, Sell and Manage two Irish Wind Farms Updated On Tue, Dec 22nd, 2020 by Saurenergy Statkraft has decided to construct two wind farms in Ireland, and further to sell the wind farms to Greencoat Renewables on commissioning. European renewable energy major Statkraft has announced that it has decided to construct the Cloghan and Taghart wind farms in Ireland. In addition, the company has agreed to sell the wind farms to […] Read more
IndiGrid Acquires 100 MW Solar Assets of FRV in Rs 660 Crore Deal Updated On Mon, Dec 21st, 2020 by Saurenergy IndiGrid has acquired the 100 MW Indian solar portfolio of Madrid-based Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. India Grid Trust (IndiGrid) has announced in a regulatory filing that it has acquired the 100 MW Indian solar portfolio of Madrid-based developer Fotowatio Renewable Ventures (FRV), in a deal worth Rs 660 crore. The KKR-owned Infrastructure […] Read more
1 MW Integrated RE Project Inaugurated, Foundation for 100 MW Project Laid in Goa Updated On Mon, Dec 21st, 2020 by Saurenergy Goa Power Minister Nilesh Cabral recently inaugurated the first 1 MW “convergence project” in the UT, and further laid the foundation stone for another 100 MW project. Nilesh Cabral, Minister for Power and New & Renewable Energy, Government of Goa, has recently inaugurated the first “convergence project”, which integrates the delivery of clean renewable decentralised […] Read more
