AES Distributed Energy Secures $341 Million in Debt Financing Updated On Fri, Feb 21st, 2020 by Saurenergy AES Distributed Energy has entered into a USD 341 million debt agreement which provides new capital for a portfolio of distributed generation projects AES Distributed Energy (AES DE), a subsidiary of the AES Corporation (AES) and a leader in energy generation through solar PV and solar PV + battery energy storage systems (BESS), has announced […] Read more
NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA Updated On Fri, Feb 21st, 2020 by Saurenergy NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
EDF North America Installs Clean Energy Microgrid at its HQ Updated On Thu, Feb 20th, 2020 by Saurenergy EDF Renewables North America has announced that the operation of its Innovation Drive Microgrid that is located at the company’s headquarters in San Diego. EDF Renewables North America has announced that the operation of its Innovation Drive Microgrid. The system is comprised of a 209 kWp solar carport, 182 kWp solar rooftop, 280 kW (538 […] Read more
Energy Efficiency and RE Drove Decade of US Energy Transition: BNEF Updated On Thu, Feb 20th, 2020 by Saurenergy The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report. The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report from BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE). In the […] Read more
Supreme Court Keen to Interact with Environment Minister on EV Transition Updated On Thu, Feb 20th, 2020 by Saurenergy The Supreme Court (SC) has expressed its keenness to interact with the Union Environment Minister to deal with the issue of gradual transition into EVs The Supreme Court (SC) on Wednesday expressed its keenness to interact with the Union Environment Minister to deal with the issue of gradual transition of all public transport and government […] Read more
Rajasthan Gets Rs 4000 Cr Investment for 925 MW Solar Plant Updated On Thu, Feb 20th, 2020 by Saurenergy NTPC and RSDCL are set to sign an agreement with an investment worth Rs 4000 crore to develop 925 MW solar power projects in Nokh Solar Park in Rajasthan In what will become the first largest investment in Rajasthan during the current regime of the Congress government, NTPC and Rajasthan Solarpark Development Corporation Ltd (RSDCL), a subsidiary of RRECL, […] Read more
Andhra Govt Proposes to set up Solar Plants for 10 GW Power Updated On Thu, Feb 20th, 2020 by Saurenergy The Andhra Pradesh Government has proposed to set up its own solar plants to produce 10 GW of solar power to meet the requirements of the agriculture sector. The Andhra Pradesh Government has proposed to set up its own generating units to produce 10,000 MW (10 GW) of solar power to meet the energy requirements […] Read more
NTPC Tenders for 1200 MW ISTS-Connected Solar Projects in India Updated On Wed, Feb 19th, 2020 by Saurenergy NTPC Ltd has invited online bids for the selection of solar power developers for setting up 1200 MW solar PV power projects anywhere in India. NTPC Ltd has invited online bids from eligible bidders for the selection of solar power developers for setting up 1200 MW ISTS-Connected solar PV power projects anywhere in India. The last date for submission of bids is March 19, 2020, and the techno-commercial bids […] Read more
