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
Inox Wind Bags Wind Project Orders Worth 92 MW From Integrum Energy Updated On Tue, Mar 9th, 2021 by Saurenergy Inox Wind has signed a binding agreement with Integrum Energy to supply, erect and commission 92 MW of wind power projects. Inox Wind, a leading domestic wind energy solutions provider, has announced that it has signed a binding agreement with Integrum Energy Infrastructure Private Limited to supply, erect and commission 92 MW of wind power […] Read more
Total Wins 50 MW Solar Projects in Latest French Tender Updated On Tue, Mar 9th, 2021 by Saurenergy Fuel, natural gas, and electricity provider, Total Group has been awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender, through its renewable energy subsidiary in France, Total Quadran. “Total thus confirms its position as number 1 in solar development in France with close to […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt Updated On Mon, Mar 8th, 2021 by Saurenergy The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse […] Read more
Africa is Only Tapping Into 0.01% of its Wind Power Potential Updated On Mon, Mar 8th, 2021 by Saurenergy Africa and the Middle East region installed 821 MW of new wind power capacity in 2020, with potential in the region barely scratching the surface According to the latest data released by GWEC Market Intelligence, Africa and the Middle East region installed 821 MW of new wind power capacity in 2020, bringing total capacity in […] Read more
BSES Rajdhani Wins IGSF Gold Innovation Award for Rooftop Solar Automation Updated On Mon, Mar 8th, 2021 by Saurenergy Power distributer BSES Rajdhani Power Limited (BRPL) has won the Gold Innovation award, presented by The India Smart Grid Forum (IGSF). The power distributor of over 2.4 million customers spread over 21 districts in South and West Delhi has won the award for automation of rooftop solar workflow in their territory. Interestingly, 3,000 customers out […] Read more
NCRTC Tenders for 11 MW Rooftop Solar Systems on Delhi-Ghaziabad-Meerut RRTS Corridor Updated On Mon, Mar 8th, 2021 by Saurenergy NCRTC has tendered for 11 MW rooftop solar projects on RESCO Model along its Delhi-Ghaziabad-Meerut RRTS Corridor. The National Capital Region Transport Corporation Ltd. (NCRTC), a joint venture company of the Government of India and participating states (NCT of Delhi, Haryana, Rajasthan, and Uttar Pradesh), which is mandated for implementing the Regional Rapid Transit System […] Read more
US DOE Announces $115 Mn to Small Businesses for Clean Energy R&D Projects Updated On Mon, Mar 8th, 2021 by Saurenergy In support of the Biden-Harris Administration’s commitment to build the American economy back better, the US Department of Energy (DOE) has announced USD 115 million for small businesses pursuing clean energy research and development (R&D) projects. The projects range from grid modernisation and carbon removal to renewable energy and energy storage. “Through this program, DOE […] Read more
