BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
RWE Renewables Brings 100 MW Solar Project Online in Texas Updated On Tue, Jan 7th, 2020 by Saurenergy RWE Renewables has announced that it has achieved commercial operation on its 100 MW West of the Pecos solar project, located in Texas RWE Renewables has announced that it has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. The project is […] Read more
Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Can Surplus Renewables Production in West Rajasthan Build A Big Battery? Updated On Thu, Jan 2nd, 2020 by Saurenergy Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […] Read more
IRENA Report on Renewables for Refugee Settlements Updated On Mon, Dec 30th, 2019 by Saurenergy Refugees and displaced people mostly depend on the energy that is unsustainable and can harm their health and well-being. Sustainable energy based on renewables, in contrast, bridges the gap between humanitarian response and development, enhancing the well-being of displaced people and communities. This study from the International Renewable Energy Agency (IRENA), prepared in collaboration with […] Read more
Cabinet Approves MoU With Saudi Arabia for Cooperation in Renewables Updated On Thu, Dec 26th, 2019 by Saurenergy The Union Cabinet has approved the MoU signed between MNRE and Ministry of Energy of the Kingdom of Saudi Arabia for cooperation in the field of Renewables The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Memorandum of Understanding (MoU) signed between the Ministry of New and Renewable Energy (MNRE) of the […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more
Eni and Falck Renewables JV to Develop 1 GW RE Projects Updated On Mon, Dec 23rd, 2019 by Saurenergy Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. Italian major Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. The agreement involves the creation of a venture owned […] Read more
EDF Renewables Signs 20-Year PPA for 100 MW Solar Power Updated On Sat, Dec 21st, 2019 by Saurenergy EDF Renewables North America has announced the signing of a 20-year PPA with CleanPowerSF for a 100 megawatts (MW) tranche of the Palen Solar site EDF Renewables North America has announced the signing of a 20-year Power Purchase Agreement (PPA) with CleanPowerSF for a 100 megawatts (MW) tranche of the Palen Solar site known as […] Read more