Innergex Buys 260 MW Solar Project to Expand US Footprint Updated On Tue, Oct 23rd, 2018 by Saurenergy The company further said that, this 260 MWDC photovoltaic solar prospective project is almost ready to be built upon signing of an offtake contract. In a bid to expand its US footprint to seven states, Innergex Renewable Energy (Innergex) has acquired a photovoltaic solar prospective project of approximately 260 MWDC from Open Road Renewables and MAP Renewable […] Read more
Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI Updated On Tue, Oct 23rd, 2018 by Saurenergy The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […] Read more
DEWA Organises 20th WETEX & 3rd Dubai Solar Show from 23-25 October 2018 Updated On Tue, Oct 23rd, 2018 by Saurenergy In a press conference held in Dubai, HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced details of the 20th Water, Energy, Technology, and Environment Exhibition (WETEX 2018) and the 3rd Dubai Solar Show. DEWA organises the two exhibitions at the Dubai International Convention and Exhibition Centre from 23 to 25 October […] Read more
ReNew Power Wins 3MW Floating Solar PV Project at Visakhapatnam Updated On Mon, Oct 22nd, 2018 by Saurenergy In total, this project is estimated to generate around 4.2 million units of power annually, offsetting over 3,960 tonnes of carbon emissions every year. India’s one of the leading renewable energy IPP, ReNew Power has won the tender for developing a 3 MW floating solar PV project in Visakhapatnam, Andhra Pradesh. When commissioned, this project […] Read more
PNM to Add 100MW of Solar in New Mexico to Serve Facebook Data Center Updated On Sat, Oct 20th, 2018 by Saurenergy PNM Resources’ (NYSE: PNM) New Mexico utility, PNM, received approval on Wednesday from the New Mexico Public Regulation Commission (NMPRC) to purchase 100 megawatts of solar generation from NM Renewable Development, LLC (NMRD) in order to continue serving the Facebook data center in New Mexico with 100 percent renewable energy. This addition supports the goal to achieve a more […] Read more
Viz-A-Viz with Navin Menkar, Managing Director, Solaico Sadguru India Pvt Ltd Updated On Tue, Oct 16th, 2018 by Saurenergy Q. Please tell our readers about Sadguru Enterprises. We are a diverse plastic product manufacturer from Pune, Maharashtra. We have 35 years of solid manufacturing expertise with industry ready infrastructure at strategic locations in and around Pune. The management is blessed with strong goodwill in the market and carries a sound financial backbone. Q. Kindly […] Read more
Renew Power Expands Leadership Team; Hires 3 Top Executives Updated On Thu, Oct 11th, 2018 by Saurenergy The company has appointed Mayank Bansal as President – Strategy & Operations, Varun Sivaram as Chief Technology Officer and Stephen O’Rourke as Managing Director, ReNew North America. One of the leading Independent Power Producer (IPP) ReNew Power has appointed three senior executives who have joined the organization in leadership roles. These strategic appointments are in-line […] Read more
Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
Thomaslloyd Buys Significant Stake in SolarArise India Updated On Wed, Oct 10th, 2018 by Saurenergy Following the investment, the company will become the largest shareholder in SolarArise. ThomasLloyd has acquired a significant stake in solar project developer SolarArise India Projects (SolarArise), which currently owns and operates 130 MW of grid-connected solar power projects in India. The company’s investment is expected to support it’s expansion of its solar energy capacity by […] Read more