Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio Updated On Tue, Mar 9th, 2021 by Saurenergy Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […] Read more
Enel’s First Large-Scale Wind + Storage Hybrid Project Will Support Kellogg Company With Renewable Energy Updated On Sat, Mar 6th, 2021 by Saurenergy Enel, through its US renewable subsidiary Enel Green Power North America, has started construction of Azure Sky wind + storage, its first large-scale hybrid project globally to integrate wind and battery storage at one site. Through a 100 MW virtual power purchase agreement (VPPA), Enel will sell to Kellogg Company a 360 GWh portion of the electricity […] Read more
A DC Solar Refrigerator For Emergencies Updated On Wed, Mar 3rd, 2021 by Saurenergy Power outages have made a dramatic comeback, with headline power cuts in the US, India earlier, and post Covid, raising the issue of keeping vaccines cool too. US based EcoSolarCool’s new solar-powered, portable refrigerator seeks to solve this issue with its DC powered refrigerator. Being DC powered, it offers the advantage of being able to […] Read more
SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects Updated On Fri, Feb 26th, 2021 by Saurenergy SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […] Read more
Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments Updated On Fri, Feb 26th, 2021 by Saurenergy Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […] Read more
Hope Rules Over Policy as PM Modi Harks to 40 GW Rooftop Solar by 2022 Updated On Fri, Feb 19th, 2021 by Saurenergy If there was ever a case of hope triumphing policy for India’s struggling rooftop solar sector, then PM Modi’s statement on the country reaching 40 GW of rooftop solar by 2022 must come as a massive boost. Or maybe the industry is simply smarter than that. For out of the 100 GW solar target for […] Read more
WEC Energy Announces Plan for Wisconsin’s 1st Large-Scale Solar and Storage Project Updated On Wed, Feb 17th, 2021 by Saurenergy WEC Energy Group today proposed plans for a new 310-megawatt (MW) solar and battery storage project. If approved, the Paris Solar-Battery Park in Kenosha County would be the largest facility of its kind in Wisconsin. The facility features 200 MW of solar generation — which is equal to powering 60,000 homes, and 110 MW of battery storage — which […] Read more
MYSUN+ to Provide Solar Solutions to C&I Clients on RESCO Mode Updated On Mon, Feb 15th, 2021 by Saurenergy MYSUN’s new venture ‘MYSUN+’ will provide solar solutions to large C&I customers on a built, own, operate and transfer (BOOT) or RESCO model. With an aim to consolidate and service its large and rapidly growing customer base, MYSUN’s new venture ‘MYSUN+’ will provide solar energy solutions to large corporate, industrial and commercial establishments on a […] Read more
CESL Tenders for Commissioning and O&M of 70 MW Solar Systems in Goa Updated On Mon, Feb 15th, 2021 by Saurenergy CESL has issued a tender for setting up 70 MW solar power generating systems (SPGS) across various locations across Goa. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has issued a tender, seeking bids from eligible firms for setting up of 70 MW solar power generating systems (SPGS) across […] Read more
