Double Standards? Thermal Power Auctions At Rs 4.41 Updated On Tue, Dec 24th, 2019 by Saurenergy In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […] Read more
Enel Begins Operation of its Largest Wind Project in Texas Updated On Tue, Dec 24th, 2019 by Saurenergy Enel has started operation of its 450 MW High Lonesome wind farm in Texas, the largest operational wind project in the Group’s global renewables portfolio. Enel, through its US renewable subsidiary Enel Green Power North America, has started operations of its 450 MW High Lonesome wind farm in Upton and Crockett Counties, in Texas, the […] Read more
EIB Chief Slams Automakers for Slow Response to Climate Change Updated On Mon, Dec 23rd, 2019 by Saurenergy EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […] Read more
Infrastructure Sector Makes the Case for Captive RE Policy and More Updated On Sat, Dec 21st, 2019 by Saurenergy The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy charges to make renewable energy more viable The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory […] Read more
Walton, Silicon Ranch Announce 125 MW Solar Projects for Facebook Updated On Fri, Dec 20th, 2019 by Saurenergy Walton EMC has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects totaling 125 MW for Facebook’s data center in Georgia. Walton Electric Membership Corporation (EMC), a consumer-owned utility with a reputation for energy innovation, has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects […] Read more
Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares Updated On Fri, Dec 20th, 2019 by Saurenergy Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […] Read more
Solar Frontier Completes Financing for 210 MW California Solar Project Updated On Thu, Dec 19th, 2019 by Saurenergy Solar Frontier Americas has closed on the tax equity commitment and debt financing for its 210 MW Mustang Two solar project in Kings County, California. Solar Frontier Americas (SFA), the US-based renewable energy business of Idemitsu Kosan, has announced that it has closed on the tax equity commitment and debt financing for its 210 MW Mustang […] Read more
Delays and Cancellations to Dampen US Microgrid Growth Updated On Wed, Dec 18th, 2019 by Saurenergy Project cancellations and delays connecting planned projects to the grid will lead the US microgrid market to contract 17% from its 2018 peak Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17 percent from its 2018 peak by the end of this year, according […] Read more
AIIB Invests $46.7 mn in 100 MW Wind Farm in Kazakhstan Updated On Wed, Dec 18th, 2019 by Saurenergy AIIB has approved a USD 46.7-million loan for the construction and operation of a 100-megawatt (MW) wind power plant in southern Kazakhstan. The Asian Infrastructure Investment Bank (AIIB) has announced that its board has approved a USD 46.7-million loan for the construction and operation of a 100-megawatt (MW) wind power plant in southern Kazakhstan which, […] Read more
