ADB Grants $600 Mn Loan to Indonesia’s PLN to Promote Renewable Energy Updated On Wed, Nov 25th, 2020 by Saurenergy ADB has approved a USD 600 million loan to help PLN, Indonesia’s state-owned power company, expand electricity access and promote renewable energy in eastern Indonesia. The Asian Development Bank (ADB) has approved a USD 600 million loan to help the State Electricity Corporation (PLN), Indonesia’s state-owned power company, expand electricity access and promote renewable energy […] Read more
NTPC to Install Solar Systems in SDMC Buildings in Delhi Updated On Wed, Nov 25th, 2020 by Saurenergy SDMC has approved a proposal to install rooftop solar and ground-mounted solar systems on its buildings, will sign an MoU with NTPC. The South Delhi Municipal Corporation (SDMC) has approved a proposal to install rooftop solar and ground-mounted solar systems on its buildings. The municipal corporation will now sign a memorandum of understanding (MoU) with […] Read more
Boralex to Acquire Interests in 7 Solar Plants in the US Updated On Tue, Nov 24th, 2020 by Saurenergy Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) and certain other investors to acquire their controlling interests in seven solar plants, located in the United States, for a […] Read more
Canadian Solar Signs a Total of 862 MW in Solar PPA in Brazil Updated On Tue, Nov 24th, 2020 by Saurenergy Canadian Solar has announced that it recently signed a PPA and awarded 2 projects for a total of 862 MWp in solar power projects in Brazil. Canadian Solar, one of the world’s largest solar power companies, announced that it recently signed a power purchase agreement (PPA) with BTG Pactual, and that it was awarded two projects […] Read more
Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two Updated On Tue, Nov 24th, 2020 by Saurenergy Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
Solar Tariffs Drop to Record Low of Rs 2/kWh in SECI’s 1070 MW Tender Updated On Tue, Nov 24th, 2020 by Saurenergy The latest auction by SECI has seen solar power tariffs drop to a new record low of Rs 2 per kWh in the Indian solar segment. The latest auction by the Solar Energy Corporation of India (SECI) has seen solar tariffs drop to a new record low in the Indian solar segment. SECI’s auction for […] Read more
Sonnen Introduces the sonnenCore, a new all-in-one, affordable home battery for every home Updated On Mon, Nov 23rd, 2020 by Saurenergy The first-of-its-kind, all-in-one sonnen home battery solution makes the company’s proven, long-lasting and safe home battery technology even more accessible to all energy storage customers. sonnen, a global market leader in smart residential energy storage and virtual power plants, today announced the launch of sonnenCore. The new compact, affordable, and fully sonnen-designed sonnenCore home battery […] Read more
Boralex Becomes the Sole Owner of 3 Quebec Wind Farms, with 296 MW Capacity Updated On Mon, Nov 23rd, 2020 by Saurenergy Boralex Inc has announced that it has entered into a definitive agreement to acquire the full 49% equity stake held by the Caisse de dépôt et placement du Québec (CDPQ) in 3 wind farms in Quebec, already 51% owned by Boralex. CDPQ’s 49% equity stake represents 145 MW net installed capacity and the three wind […] Read more
