KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
Jupiter Power Announces 652 Megawatt Hours of Battery Storage Projects Updated On Wed, Feb 10th, 2021 by Saurenergy Jupiter Power will build six stand-alone, utility-scale battery storage projects this year, totaling 652 MWh of energy storage capacity. Utility-scale energy storage company Jupiter Power has announced it will build six stand-alone, utility-scale battery storage projects this year, totaling 652 megawatt hours of energy storage capacity. The projects consist of three 200-megawatt-hour projects and three […] Read more
RE Projects can get Further Extension in Exceptional Cases: MNRE Updated On Wed, Feb 10th, 2021 by Saurenergy MNRE has stated that RE projects under implementation during lockdown can seek to get a further extension beyond 5 months in exceptional cases The Ministry of New and Renewable Energy (MNRE) in its latest order has stated that renewable energy (RE) projects under implementation as on the date of lockdown, i.e. March 25, 2020, through […] Read more
India to see Largest Increase in Energy Demand in the World by 2040: IEA Updated On Wed, Feb 10th, 2021 by Saurenergy India is set to experience the largest increase in energy demand of any country over the next 20 years as its economy continues to develop India’s ability to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its economy, but avoiding the kind of carbon-intensive path […] Read more
Amazon Announces its Largest Single Renewable Energy Project Updated On Tue, Feb 9th, 2021 by Saurenergy Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […] Read more
Belltown Completes Development & Sale of 750 MW Solar Projects in 2020 Updated On Tue, Feb 9th, 2021 by Saurenergy Belltown Power Texas, a leading developer of utility-scale solar projects, has completed the development and sale of five projects adding up to 750 MW during the course of 2020, which brings the total Belltown track record to 930MW. Belltown specializes in greenfield development of projects, starting with site identification and navigating interconnection, real estate, permitting, […] Read more
Leyline Partners With Momentum to Invest in Growing Energy Storage Market Updated On Mon, Feb 8th, 2021 by Saurenergy Leyline Renewable Capital, a leading provider of pre-construction debt and equity capital for renewable energy development, announced a new partnership with Momentum Energy Storage Partners, an energy storage developer based in Columbus, Ohio. Leyline’s funding will facilitate the development of numerous renewable energy projects across the United States, including existing endeavours underway within the Pennsylvania, Jersey and Maryland Power Pool (PJM) […] Read more
U.S. Navy Partners with Ameresco for $173 Million Cleantech Energy Project Updated On Mon, Feb 8th, 2021 by Saurenergy Ameresco to implement advanced energy solutions that will maximize reliability and resiliency at Virginia naval shipyard Ameresco, Inc., (NYSE: AMRC), a leading energy efficiency and renewable energy company, today announced that the U.S. Navy and the Ameresco Federal Solutions team are breaking ground to expand on-site generation, strengthen reliability, and enhance resiliency at Norfolk Naval […] Read more
Tata Power Reports Q3 Results, Strong Showing by Renewables Biz Updated On Fri, Feb 5th, 2021 by Saurenergy Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […] Read more