CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing Updated On Thu, Dec 10th, 2020 by Saurenergy CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […] Read more
India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking Updated On Thu, Dec 10th, 2020 by Saurenergy India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […] Read more
STMicroelectronics to be Carbon Neutral by 2027 Updated On Thu, Dec 10th, 2020 by Saurenergy STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced its goal to become carbon neutral by 2027, the earliest date anticipated for any semiconductor company globally. ST’s comprehensive roadmap to carbon neutrality includes two specific targets: compliance with the 1.5°C scenario defined at the Paris COP21 by 2025, which implies […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
NuGen Capital Announces Largest Single Rooftop Solar Project in Rhode Island Updated On Tue, Dec 8th, 2020 by Saurenergy NuGen Capital Management, LLC (NuGen) starts construction of a 6.76 MWdc rooftop solar power system in the company’s home state of Rhode Island. The project, comprised of over 16,000 solar panels, is being installed by AUI Partners on a 560,000 square foot warehouse in East Greenwich, Rhode Island. Full commercial operation of the project is […] Read more
1400 GW of Offshore Wind Achievable by 2050 With Increased Govt Commitment: OREAC Updated On Tue, Dec 8th, 2020 by Saurenergy OREAC is calling on governments to ramp up their offshore ambition to achieve the coalition’s vision of 1400 GW of offshore wind by 2050 The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1400 GW of offshore wind by […] Read more
Vestas, Siemens Gamesa and GE Will Capture 60% of Global Market by 2029: WoodMac Updated On Tue, Dec 8th, 2020 by Saurenergy The top three wind turbine OEMs – Vestas, Siemens Gamesa and GE – will increase their combined global market share to 60 percent by 2029. According to a new report, the top three wind turbine players (OEMs) in the world, in Vestas, Siemens Gamesa Renewable Energy and GE Renewable Energy, will increase their combined global […] Read more
Engie North America Partners With Climate Investor For Distributed Generation Portfolio Updated On Tue, Dec 8th, 2020 by Saurenergy ENGIE North America and Hannon Armstrong, a leading investor in climate change solutions, announced a new partnership to jointly invest in a Distributed Generation (DG) portfolio of solar and solar-plus-storage assets located across the United States. The portfolio is comprised of a diversified set of community solar and commercial & industrial (C&I) ground-mounted, carport and rooftop […] Read more
Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project Updated On Mon, Dec 7th, 2020 by Saurenergy Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […] Read more
