US solar real estate invt fund closes on $100 mn solar lease securitization Updated On Mon, Mar 7th, 2022 by Saurenergy SolaREIT, a US solar real estate investment fund, has closed on a $100 million securitization of solar leases with Nuveen. The expansion will significantly increase access to low-cost capital in the commercial and mid-sized solar development sector, including community solar, its official statement said. SolaREIT’s land financing options, including the “Pre-Paid Solar Land Lease”, allow […] Read more
Latest March ALMM List from MNRE for Solar PV Updated On Mon, Mar 7th, 2022 by Saurenergy The ministry of new and renewable energy has released its latest ALMM (Approved list of module manufacturers) list for domestic manufacturers in India, and the list continues to expand. The newest version, released through an office memorandum on March 4, has a total of 46 firms listed, comprising 43 unique firms in all. As Waaree […] Read more
Brazil Crosses 14 GW Solar Capacity Mark Updated On Fri, Mar 4th, 2022 by Saurenergy The installed solar power capacity of Brazil has reached the 14 GW milestone. The announcement of the major achievement was made by ABSOLAR which is a domestic solar power association. Out of the 14 GW solar power presently installed in the South American country, distributed technology installations amount to 9.3 GW. The large-scale solar plants […] Read more
Carbon to Launch 5GW Photovoltaic Gigafactory in France Updated On Fri, Mar 4th, 2022 by Saurenergy Solar sector company Carbon has declared that it plans to build a 5-GW solar panel factory in France by 2025. The industrial start-up has also said that it hopes to triple production capacity to 15 GW by the end of this decade. As per the company, the Gigafactory project is expected to create more than […] Read more
TotalEnergies Enters 1GW Offshore Wind JV in California Updated On Thu, Mar 3rd, 2022 by Saurenergy TotalEnergies has joined Trident Winds Inc. in the Castle Wind LLC joint venture for the development of a 1 GW offshore wind project off the coast of Morro Bay, off the Central California Coast, an official statement said. The company entered the JV and acquired the shares previously held by EnBW North America, it added. […] Read more
TotalEnergies bags 3GW offshore wind plans in New York & New Jersey Updated On Wed, Mar 2nd, 2022 by Saurenergy TotalEnergies, a French oil and gas major, has won maritime lease area OCS-A 0538 by the BOEM (Bureau of Ocean Energy Management) in the New York Bight auction held at the end of last week. This bid for the development of an offshore wind farm off the U.S. East Coast was won for a consideration […] Read more
Australia’s Leading Miner Andrew Forrest to Invest $2.2 Billion in RE Updated On Wed, Mar 2nd, 2022 by Saurenergy Australian iron ore magnate Andrew Forrest has announced that he is investing Australian Dollar $3 billion ($2.2 billion) in renewable energy in the island country. Forrest had announced previously that he will be investing big on a global green revolution. Most of the projects for RE will be coming up in the Central Queensland region. […] Read more
CERC nod for hydropower contracts in GTAM for HPO Compliance Updated On Mon, Feb 28th, 2022 by Saurenergy In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […] Read more
Hype powers the green hydrogen journey for now Updated On Mon, Feb 28th, 2022 by Saurenergy With not even a week since the National Green Hydrogen Policy (Phase1) was announced, you could be forgiven for thinking that the revolution is here. The key points of the policy are: Green Hydrogen / Ammonia manufacturers may purchase renewable power from the power exchange or set up renewable energy capacity themselves or through any […] Read more
