DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
IRENA Report on Renewable Power Generation Costs in 2019 Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report […] Read more
Sterling & Wilson Becomes 1st Indian Company to Commission Solar Project in Oman Updated On Tue, Jun 2nd, 2020 by Saurenergy Adding another feather in its cap, Sterling and Wilson Solar Ltd, one of the largest solar EPC solutions providers worldwide, commissioned its first 125 MW solar energy project in Oman and become the first Indian company to commission a photovoltaic (PV) project in the region. Commenting on the landmark achievement, Bikesh Ogra, Director and Global CEO of Sterling […] Read more
8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects Updated On Tue, Jun 2nd, 2020 by Saurenergy 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […] Read more
Diagnostics – An Effective Approach for Solar industry Updated On Tue, Jun 2nd, 2020 by Saurenergy Diagnostics of a solar power plant can be an important tool to evaluate the “health” of a solar plant and identify measures to improve generation and optimize O&M. A typical diagnostics study would entail complete power flow mapping of a solar plant by measuring module degradation and damages, O&M efficacy, inverter efficiency, breakdown and plant […] Read more
Siemens Gamesa Confirms Order for 496 MW Offshore Wind Plant Updated On Mon, Jun 1st, 2020 by Saurenergy Siemens Gamesa has received the firm order for 62 of its 8 MW turbines for the 496 MW Bay of Saint Brieuc offshore wind power plant in France. Siemens Gamesa Renewable Energy has received the firm order from Ailes Marine, an affiliate of Iberdrola, for 62 SG 8.0-167 DD offshore wind turbines for 496 MW […] Read more
Duke Energy Announces 3 new Solar Projects Worth Over 220 MW Updated On Mon, Jun 1st, 2020 by Saurenergy Duke Energy Florida has filed the locations of its 3 newest solar power plants, which will provide cleaner, smarter energy solutions to Florida customers Duke Energy Florida (DEF), a subsidiary of Duke Energy, has announced that it has filed the locations of its three newest solar power plants, which will provide cleaner, smarter energy solutions to benefit […] Read more
PPA for Thermal Plant with Adani Power in MP Raises Important Questions Updated On Mon, Jun 1st, 2020 by Saurenergy The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […] Read more
REIL Tenders for BOS Work for Solar Projects at 2 SAIL Buildings Updated On Mon, Jun 1st, 2020 by Saurenergy REIL has tendered for the supply of BOS equipment and the installation of solar projects worth 230 kWp at two SAIL warehouses in Bengaluru and Chennai Rajasthan Electronics and Instruments Limited (REIL) has issued a tender for the supply of BOS (Except SPV modules and inverters) equipment and the installation of solar PV projects worth a […] Read more
