Boralex Announces Largest Renewable Energy Financing in France, Worth $1.7 bn Updated On Thu, Nov 28th, 2019 by Saurenergy Boralex has successfully closed agreements for the largest refinancing agreement in the renewable energy sector in France worth USD 1.7 billion Boralex has announced that it has successfully closed agreements to refinance almost all of its wind farm operations in France, for a total of USD 1.7 billion (EUR 1.1 billion), divided among three credit agreements […] Read more
Renewables to Surpass Coal in US by 2021, Says IEEFA Updated On Mon, Nov 25th, 2019 by Saurenergy In an historic crossover, the yearly power generation from renewable energy is likely to surpass power generation from coal-based power plants for the first time in the United States (US) in 2021, said IEEFA report. According to the Institute for Energy Economics and Financial Analysis (IEEFA) report, recent trends for coal has been rapidly declining, […] Read more
Renewable Power Capacity in Croatia to Reach 1.9 GW by 2030 Updated On Mon, Nov 25th, 2019 by Saurenergy Croatia has decided to increase the share of renewable energy to 36.4 percent of total consumption by 2030 and is expected to reach 1.9 GW by 2030 The enormous renewable energy potential of Croatia has prompted the government to increase the share of renewable energy in its total energy consumption to 36.4 percent by 2030. […] Read more
E.ON and RWE Complete Renewable Power Supply Agreement Updated On Thu, Nov 14th, 2019 by Saurenergy E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms amounting to nearly 892 MW E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting […] Read more
Renewables to Deliver Europe’s 2030 Climate Energy Goals Updated On Fri, Nov 8th, 2019 by Saurenergy If member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030 If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030, and the continent is on track […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
Tata Power’s Renewable Arm Gets LoA to Develop 150 MW Solar Project Updated On Sat, Nov 2nd, 2019 by Saurenergy As per the deal, the energy will be supplied to Tata Power – D under a long-term PPA for 25 years from the scheduled commercial operation date. Renewable arm of utility giant Tata Power, Tata Power Renewable Energy Ltd (TPREL) has got a Letter of Award (LoA) from Tata Power – Distribution (Tata Power – […] Read more
Quercus Sells 320 MW of Renewable Assets to Green Arrow Updated On Wed, Oct 30th, 2019 by Saurenergy Green Arrow and Quercus have signed an agreement for the sale of 100 percent of the management company QAS, which holds 320 MW in renewable energy assets Green Arrow Capital (GAC) and Quercus Investment Partners have signed an agreement for the sale of 100 percent of the management company Quercus Assets Selection (QAS), to GAC, […] Read more
India, Saudi Arabia ink Renewable Energy Agreement Updated On Wed, Oct 30th, 2019 by Saurenergy India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, and civil aviation. India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, defence industries collaboration, and civil aviation. The agreements were signed in the presence of Prime Minister Narendra […] Read more