Tata Power Solar Doubles PV Manufacturing Capacity to 1.1 GW Updated On Wed, Apr 7th, 2021 by Saurenergy Tata Power Solar has announced an expansion of its manufacturing facility in Bengaluru, taking the total production capacity of cells and modules to 1.1 GW Tata Power Solar Systems Limited, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has announced a significant expansion of its state-of-the-art manufacturing facility in […] Read more
ONGC Tenders for 15 MW Solar Plant at Vagra Site in Gujarat Updated On Tue, Apr 6th, 2021 by Saurenergy ONGC has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at its Vagra Site in Gujarat. The state-owned Oil and Natural Gas Corporation (ONGC), a multinational crude oil and gas entity, has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at […] Read more
J-POWER USA Starts Work to Convert Retired Coal Facility Into new Solar and Storage Facilities Updated On Sat, Apr 3rd, 2021 by Saurenergy J-POWER USA Development Co., Ltd. (“J-POWER USA“) and funds managed by affiliates of Fortress Investment Group, LLC (“Fortress”) have agreed to jointly pursue development of Birchwood Solar, a 50 MWac solar plant and Birchwood Storage, a 190 MWac, energy storage facility. These projects would convert Birchwood Power, a coal plant which has been in operation since November, 1996 […] Read more
Etrion to Sell 3 Japanese Solar Projects to Japanese Consortium for ~JPY 8.252 Bn Updated On Thu, Apr 1st, 2021 by Saurenergy Etrion Corporation, a solar independent power producer, today announced that Solar Resources Holding Sàrl and Etrion Japan K.K., wholly-owned subsidiaries of the Company, have entered into agreements (the “Transfer Agreements”) to sell their interests in the Company’s 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito operating solar energy projects (collectively the “3 Projects”) […] Read more
$421 million of Loanpal Residential Solar Loans Securitized Updated On Thu, Apr 1st, 2021 by Saurenergy Loanpal, a leading point-of-sale technology platform for sustainable home solutions, today announced that Goldman Sachs sponsored Loanpal Solar Loan 2021-2 Ltd. and Loanpal Solar Loan 2021-2 LLC have closed a securitization of approximately $421 million worth of residential solar loans originated on the Loanpal platform and previously purchased by Goldman Sachs, GoodFinch, Blackstone Credit and Davidson Kempner Capital Management […] Read more
KERC Approves a Late Solar Project with a Tariff of Rs 8.40/kWh Updated On Thu, Apr 1st, 2021 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has approved a tariff of Rs 8.40/kWh for a 3 MW solar power project of Cambria Solar Private Limited. As per the Solar Policy 2014-21, the project was given allotment under SRTPV Scheme by Karnataka Renewable Energy Development Limited (KREDL) on March 17, 2015. A power purchase agreement (PPA) […] Read more
US Solar PV Project Order Worth Rs 890 Crore for Sterling and Wilson Updated On Wed, Mar 31st, 2021 by Saurenergy Sterling and Wilson Solar Solutions, the US subsidiary of SWSL has signed a solar project order worth ~ Rs 890 crore in the US Sterling and Wilson Solar Solutions (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has signed an order worth USD 121.7 million (~ Rs 890 […] Read more
Tata Power Receives LoA From GUVNL for 60 MW Solar Project in Gujarat Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power has received an LoA from GUVNL to develop a 60 MW solar project in the state of Gujarat. Tata Power, one of India’s largest integrated power companies, has announced that the Company has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Limited (GUVNL) on March 26, 2021, to develop a […] Read more
Raise Green Engages IBM to Build a Solution to Support Solar Developers Updated On Sat, Mar 27th, 2021 by Saurenergy IBM and Raise Green, an impact investment marketplace for clean energy projects, announced their collaboration to develop Raise Green’s software solution deployed using Red Hat OpenShift on IBM Cloud, intended to empower any entrepreneur to start their own community solar energy businesses. Today marks the rollout of the latest Beta version of the Originator Engine, following the initial […] Read more
