Azure Power’s $75 mn Private Placement Successfully Completed Updated On Tue, Dec 17th, 2019 by Saurenergy Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […] Read more
Gulf Pacific Power Acquires 80% Stake in 812 MW Wind Portfolio Updated On Tue, Dec 17th, 2019 by Saurenergy Gulf Pacific Power has completed the acquisition of an 80 percent stake in an 812 MW portfolio of five operating wind projects located in the US and Canada. Gulf Pacific Power (GPP) has completed the acquisition of an 80 percent stake in EGPNA Renewable Energy Holdings (REP), a holding company that owns an 812 MW […] Read more
Economic Slowdown Affects Solar Installations in India Updated On Tue, Dec 17th, 2019 by Saurenergy The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […] Read more
Adani Transmission Receives LOI for Transmission Project in Maharashtra Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Transmission has received LOI from MSETCL to build, own, operate and maintain a transmission project in the state of Maharashtra for 35 years. Adani Transmission Limited (ATL), one of the largest private sector power transmission company operating in India, has received the Letter of Intent (LOI) from Maharashtra State Electricity Transmission Company Limited (MSETCL) […] Read more
EBRD Loans €58 mn to Build Kosovo’s Largest Wind Farm Updated On Tue, Dec 17th, 2019 by Saurenergy EBRD has announced that it is loaning EUR 58 million to help finance the construction and operation of the 105 MW Bajgora wind farm in Kosovo. The European Bank for Reconstruction and Development (EBRD) has announced that it is loaning EUR 58 million to help finance the construction and operation of the 105 MW Bajgora […] Read more
Vestas Awarded 224 MW Wind Turbine Order in USA Updated On Mon, Dec 16th, 2019 by Saurenergy Vestas has received an order for 224 MW of V120-2.2 MW wind turbines for a wind project in the US, The order also includes a 10-year service agreement Vestas has received an order for 224 MW of V120-2.2 MW wind turbines for a wind project in the US. The order includes supply and commissioning of […] Read more
GameChange Solar Announces Orders for Over 200 MW Solar Tracking Systems Updated On Mon, Dec 16th, 2019 by Saurenergy GameChange Solar has announced that it has received orders for more than 200 MW of Genius Tracker systems in South America. GameChange Solar has announced that it has received orders for more than 200 MW of Genius Tracker systems in South America. The first system has started shipping this month. The firms’ experienced field service local support […] Read more
Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms Updated On Mon, Dec 16th, 2019 by Saurenergy Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […] Read more
MNRE Issues Guidelines for Decentralised Solar Plant Development Updated On Fri, Dec 13th, 2019 by Saurenergy In a bid to promote decentralized solar energy and availability of affordable and reliable solar power in rural areas of the country, the Ministry of New and Renewable Energy (MNRE) has formulated draft guidelines for the development of decentralized solar power plants. The government said that its motive behind issuing these guidelines is to provide […] Read more
