EDPR Secures 159 MW Contracts In Italian Wind & Solar Auctions Updated On Sun, Jun 4th, 2023 by Saurenergy EDP Renewables (EDPR) has said that it has been awarded with a 20-year feed-in-tariff (FiT) of EUR 65.17 for every MWh for 159 MW of renewable capacity. The ward was made to EDPR at the eleventh renewable auction in Italy promoted by the Gestore Servizi Energetici (GSE). The capacity awarded to EDPR represents a 43% […] Read more
Westbridge Inks Pact With MYTILINEOS to Monetize 1.4 GW Solar Portfolio Updated On Fri, Jun 2nd, 2023 by Saurenergy Vancouver-headquartered Westbridge Renewable Energy Corporation has signed a definitive agreement in connection with the purchase by Metka-EGN, which is a subsidiary of MYTILINEOS Energy & Metals, of a portfolio of five solar projects located in Alberta, Canada from Westbridge. The solar power projects have anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation. […] Read more
Lightsource bp Secures $460 Million For 368-MW Utility Scale Solar Projects Updated On Fri, Jun 2nd, 2023 by Saurenergy Global renewable energy firm Lightsource bp has closed on a $460 million multi-project financing package, which will support the construction and operation of a 368 MW portfolio. This RE portfolio comprised of two utility-scale solar projects in the United States. The debt for this project has been managed by Bank of America, ING Capital, Lloyds […] Read more
Denmark Set for Largest Offshore Wind Tender of 9 GW Capacity Updated On Fri, Jun 2nd, 2023 by Saurenergy Denmark has set sights on its largest offshore wind tender of 9 GW capacity. This has potential to expand to 14 GW or more, as per the Danish Energy Agency. The capacity requirements are to be met by the conclusion of 2030. 14 million households in Denmark and Europe stand to benefit with supply of […] Read more
Sustainability & Decarbonization Leader Updated On Thu, Jun 1st, 2023 by Saurenergy With the Increased focus on Sustainability & Decarbonization in India and globally, Emerson had added a new role as Chief Sustainability Officer. Under CSO’s leadership, Emerson has made significant strides, and we are strengthening our leadership position as our customers and suppliers work to deliver their environmental targets. The S & D industry leader will […] Read more
Suzlon Q4 FY23: Positive Net Worth After a Decade at INR 1,099 cr, 80% YoY Slide in Current Net Debt Updated On Wed, May 31st, 2023 by Saurenergy Renewable energy solutions provider Suzlon has released its fourth quarter (Q4 FY23) and annual audited results for financial year 2022‐23 (FY23). The firm has reported its revenue at INR 5,947 crores for FY23. For Q4 FY23, the number has been pegged at INR 1,690 crores. As for its EBITDA margins, it stands at 14% with […] Read more
Acen Set To Build Largest Battery Storage Project In Australia Updated On Wed, May 31st, 2023 by Saurenergy Acen, the Phillipines based renewable energy major that is part of the Ayala group, is set to make Australia’s largest storage battery project linked to a solar farm. The project, to come up in the New England region of New South Wales, has secured approvals to take its size to 1.4 GW (1,400MW) and 2.8 […] Read more
Natixis CIB Closes $364m Financing For Chilean Solar Projects Updated On Wed, May 31st, 2023 by Saurenergy Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […] Read more
Kerala To Transform Thiruvananthapuram Into Largest Solar City Updated On Tue, May 30th, 2023 by Saurenergy As solar power generation is gaining pace in the country in a quest to achieve the 2030 renewable energy targets, the Kerala state government has launched a project that is expected to transform the state capital Thiruvananthapuram into a complete and largest solar city in India. The plan is to install rooftop solar in every […] Read more
