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
India Installed 2.3 GW of new Solar Capacity in the Last Quarter of 2019 Updated On Fri, Feb 21st, 2020 by Saurenergy India installed 2,308 MW (2.3 GW) of solar capacity and 817 MW wind projects in Q4 of 2019, according to a new report India installed 2,308 MW (2.3 GW) of solar capacity and 817 MW wind projects in the fourth quarter (Q4) of 2019, according to a new report. The report published by research firm JMK […] 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
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
BSNL Tenders for 2.5 MW Rooftop Solar Systems in Maharashtra Updated On Wed, Feb 19th, 2020 by Saurenergy BSNL has tendered for the implementation of 2.5 MW rooftop solar power systems at its buildings in different zones of Maharashtra under the RESCO model. Bharat Sanchar Nigam Limited (BSNL) has issued a tender, inviting bids from eligible firms for implementation of 2.5 MW grid-connected rooftop solar power systems at BSNL Buildings in different zones […] Read more
Geronimo Energy and Basin Electric Announce PPA for 128 MW Solar Project Updated On Wed, Feb 19th, 2020 by Saurenergy Geronimo Energy and Basin Electric Power Cooperative have announced the execution of a PPA for the Wild Springs Solar Project. Geronimo Energy, a National Grid company, and Basin Electric Power Cooperative have announced the execution of a Power Purchase Agreement (PPA) for the Wild Springs Solar Project. Wild Springs is a 128 megawatt (MW) solar […] Read more
Standard Chartered Commits $35 Bn Towards Renewable Projects Updated On Wed, Feb 19th, 2020 by Saurenergy Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […] Read more
Nearly 27 GW of new Solar Capacity Added in India in Last Three Years Updated On Wed, Feb 19th, 2020 by Saurenergy A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years in India. A total of approximately 27 GW (26967.75 MW) of new solar capacity has been installed in India over the last three years i.e. from 2016-17 to 2018-19 and the current year […] Read more