PFC Incorporates 5 SPVs for Evacuating Renewable Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […] Read more
Tender Issued for 8 MW Ground Mounted Solar Plant at Hubballi Airport Updated On Tue, May 26th, 2020 by Saurenergy State-owned Airports Authority of India (AAI) has floated tender inviting bids from eligible bidders for the installation of 8 MW ground-mounted, grid-connected, photovoltaic (PV) solar plant at Hubballi Airport. The scope of work includes “designing, supply, installation, testing and commissioning of a ground-mounted, grid-connected, solar PV power plant of 8 MW capacity at Hubballi Airport, […] Read more
COVID-19: 155 Global Corporations Jointly Urge World Leaders for Net-Zero Recovery Updated On Wed, May 20th, 2020 by Saurenergy In the largest-ever UN-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero-carbon economy and call on governments to match their ambition. The 155 global corporations, with a combined market capitalization of more than USD 2.4 trillion and representing more than 5 million employees, have signed a statement urging governments […] Read more
Apex Clean Energy Leads Market for 2019 Corporate Renewable Power Procurement Updated On Wed, May 6th, 2020 by Saurenergy Wood Mackenzie has named Apex Clean Energy the top C&I wind power provider overall and the top corporate renewable provider in 2019. In a breakout year for commercial and industrial (C&I) renewable energy procurement, global energy research firm Wood Mackenzie has named Apex Clean Energy the top Commercial and Industrial (C&I) wind power provider overall […] Read more
Solar PV Corporate Funding Expected to Take a hit Updated On Mon, Apr 20th, 2020 by Saurenergy Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […] Read more
Nissan Licenses Lithium-ion Battery Technology to APB Corporation Updated On Fri, Apr 17th, 2020 by Saurenergy Nissan has licensed its technology to APB Corporation that will allow mass production of lower-cost lithium-ion batteries with increased charging capacity Nissan has licensed an advanced technology to APB Corporation that will allow mass production of lower-cost, safer lithium-ion batteries with increased charging capacity. Backed by investment from major companies, Tokyo-based APB plans to build […] Read more
REC Board Approves Incorporation of 7 SPVs for Evacuating Renewable Energy Updated On Thu, Apr 9th, 2020 by Saurenergy The board members of India’s power sector lender REC Ltd have provided their consent for a proposal to incorporate 7 project-specific special purpose vehicles (SPVs). These SPVs will facilitate the evacuation of renewable energy from Maharashtra, Madhya Pradesh, Karnataka and Rajasthan. REC said that “The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia […] Read more
Europe’s Cheapest Corporate Solar and Wind PPAs in Spain, Sweden: BNEF Updated On Mon, Apr 6th, 2020 by Saurenergy Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. The BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […] Read more
AAI Tenders for 1.5 MW Solar Plant at Raipur’s S.V. Airport Updated On Fri, Mar 6th, 2020 by Saurenergy The Airports Authority of India (AAI) has issued a tender for the commissioning of a 1.5 MW solar power plant at the Swami Vivekananda Airport in Raipur. The Airports Authority of India (AAI) has issued a tender, inviting bids from eligible firms for the commissioning of on-grid solar power plant worth 1.5 MW capacity at […] Read more
