BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III Updated On Thu, Apr 8th, 2021 by Saurenergy BlackRock Real Assets has successfully achieved a US$4.8 billion final close of Global Renewable Power Fund III (“GRP III” or the “Fund”) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. GRP III is the third vintage of […] Read more
174 Power Global Signs 15-Year PPA for 200-Megawatt Solar Facility Updated On Thu, Apr 8th, 2021 by Saurenergy 174 Power Global, a leading solar energy company, today announced that it has entered into a 15-year Power Purchase Agreement (“PPA”) with Black Hills Energy to develop a 200-megawatt (MW) solar power production facility, Turkey Creek Solar in Pueblo County, Colorado. The new, utility-scale solar facility, is expected to generate enough electricity to power an […] Read more
Canadian Solar Starts Construction on 143 MWp of Solar Projects in Japan Updated On Thu, Apr 8th, 2021 by Saurenergy Canadian Solar announced today that it has commenced construction on four solar projects in Japan totaling 143 MWp. This portfolio includes Canadian Solar’s flagship mega-project, the 100 MWp Azuma Kofuji project located in the Fukushima Prefecture, and other projects totaling 43 MWp in the Ibaraki and Hiroshima Prefectures. Azuma Kofuji 100 MWp The Azuma Kofuji project is Canadian Solar’s largest […] Read more
Adani Electricity Bringing Renewable Power to Mumbai Updated On Thu, Apr 8th, 2021 by Saurenergy Mumbai’s largest electricity distributor, Adani Electricity Mumbai Limited (AEML) will play a pivotal role in Mumbai’s transition towards green energy. To enable all customers to achieve their targets and aspirations for renewable energy, AEML is launching Mumbai Green Energy Initiative. Under this program, customers will have the flexibility to set their own targets for renewable […] Read more
Will EV’s Need Solar To Stretch Range To 1000 miles? Updated On Thu, Apr 8th, 2021 by Saurenergy Range anxiety, or the fear of running out of charge on your electric vehicle (EV) with not a charger in sight, or the thought of waiting for hours to get a full charge, has been a real issue for EV’s to manage. While it is not faced by manufacturer’s selling EV’s for dense urban environments, […] Read more
ReNew Power Commissions 110 MW Solar Project in Jaisalmer Updated On Thu, Apr 8th, 2021 by Saurenergy ReNew Power has commissioned a 110 MW solar generation facility in Jaisalmer and signed a PPA with SECI at a tariff of Rs 2.49/kWh. ReNew Power has announced that it has successfully commissioned a 110 megawatt (MW) solar generation facility in Jaisalmer, Rajasthan. As part of the project, the firm has signed a power purchase agreement with Solar Energy Corporation […] Read more
Waaree Energy Storage System Secures Seed Funding of USD 2 Million Updated On Thu, Apr 8th, 2021 by Saurenergy Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […] Read more
At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21 Updated On Thu, Apr 8th, 2021 by Saurenergy In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […] Read more
Could Deep Shaft Mines Get a Second Life As Energy Storage Sources? Updated On Thu, Apr 8th, 2021 by Saurenergy Finding a way to extend or wring some positives out of abandoned or exhausted mines, particularly deep shaft mines, has become a new challenge for many stakeholders. Startups like Gravitricity have got close to building a business out of using them for energy storage, for instance. Now Centennial, an Australian mining company which is a […] Read more
