Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders Updated On Fri, May 28th, 2021 by Saurenergy Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
Solar Alliance Signs Agreement for First U.S. Operating Asset Updated On Thu, May 27th, 2021 by Saurenergy Recurring revenue over 30-year project life in New York State seen as “significant catalyst” for U.S. growth plans Solar Alliance Energy Inc. is pleased to announce it has signed a binding Letter of Intent (the “Agreement”) with Abundant Solar Power Inc. (“Abundant”) to build, own and operate a 350 kilowatt (“kW”) solar project in New […] Read more
SW Solar Hit By Disruptions, Estimates Impact At Rs 160-170 Cr For 2020-21 Updated On Thu, May 27th, 2021 by Saurenergy Sterling And Wilson Solar, India’s leading Solar EPC firm and among the global elite in the segment, had seen it fit to inform the stock exchanges of a material impact on its business on May 16. The impact related to the year ending March 2021, where the firm is yet to declare its Q4, and […] Read more
Tata Power Solar Systems Bags Rs. 188 Crore EPC Contract From NHPC Updated On Wed, May 26th, 2021 by Saurenergy NHPC, an Indian government hydropower board under the ownership of Ministry of Power, announced yesterday its placement of an order amounting to Rs 188.19 crore with Tata Power Solar Systems Ltd, a Mumbai-headquartered solar energy services provider, to set up a 40 MW solar power project at Ganjam, in Odisha. Tata Power Solar, a wholly-owned […] Read more
Punjab Tender For 5 MW Rooftop Solar Plants on Government Buildings Updated On Wed, May 26th, 2021 by Saurenergy The Punjab Energy Development Agency (PEDA) has released an e-tender for 5 MW of grid-connected rooftop solar PV plants on government buildings anywhere in Chandigarh and the state of Punjab. The scope of work includes Approval of Rates for Design, Engineering, Supply, installation, commissioning, and testing along with the maintenance for 5 coming years of […] Read more
IREDA Opens Applications for Solar Module Manufacturing under PLI Updated On Wed, May 26th, 2021 by Saurenergy Indian Renewable Energy Development Agency (IREDA) yesterday invited applications for setting up manufacturing capacities for vertically integrated high-efficiency solar photovoltaic modules under the production-linked incentive (PLI) scheme. The agency will accept applications till June 30, 2021 and it will open bids on 1 July 2021. The PLI scheme, which aims to further domestic manufacturing of high-efficiency […] Read more
Pattern Energy and Uniper Sign Long-Term Power Purchase Agreement for New Mexico Wind Project Updated On Tue, May 25th, 2021 by Saurenergy Power to be delivered from largest single-phase renewable energy build out in history Pattern Energy Group LP (Pattern Energy) and international energy company Uniper today announced they have signed a 15-year power purchase agreement for up to 219,000 MWh per year of wind energy in New Mexico, enough to power more than 20,000 homes annually. The […] Read more
