ENGIE North America Gets $800m Financing for 665 MW Wind, Solar Projects Updated On Fri, Apr 1st, 2022 by Saurenergy ENGIE North America has announced that the company has successfully completed Tax-Equity financing for its Iron Star (Kansas) and Priddy (Texas) wind projects and Equity financing for the portfolio of these assets along with Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW. ENGIE says that leading […] Read more
Lightrock Power to Build 400 MW Solar Projects in UK Updated On Fri, Apr 1st, 2022 by Saurenergy After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […] Read more
Solar Cell Imports Close to Double in First 9 Months of 2021-22: R.K Singh Updated On Fri, Apr 1st, 2022 by Saurenergy New & Renewable Energy Minister RK Singh informed Parliament that the imports of solar cells in the April-January 2021-22 period were of $3,447 million which is a huge growth from the corresponding period of the last fiscal and most imports were from China. In terms of rupees the imports will come to around Rs 26,000 […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
Queensland Goes With Tesla Megapack Batteries for 100MW BESS Project Updated On Thu, Mar 31st, 2022 by Saurenergy The state government of Queensland has announced that the state owned power company CS Energy will build a 100MW battery energy storage system (BESS) by using Tesla Inc’s Megapacks batteries to support renewable power. The move comes despite the well publicised accident involving the megapacks in Australia’s Victoria Big Battery project earlier in July last […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Karnataka Renewable Energy Policy Approved By State Cabinet Updated On Thu, Mar 31st, 2022 by Saurenergy The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […] Read more
Jinko Solar Lays Claim As First To Deliver 100GW Solar Panels Updated On Thu, Mar 31st, 2022 by Saurenergy One of the world’s leading solar module manufacturers, Jinko Solar has announced that it has delivered 100GW of solar modules globally thereby becoming the first company in history to achieve this milestone. It claims that one out of every ten solar modules installed in the world is produced by Jinko Solar. The official statement reads […] Read more
Altus Power Signs $600 M Deal with Trammell Crow for Rooftop Solar Updated On Wed, Mar 30th, 2022 by Saurenergy Solar power developer Altus Power has signed a deal with commercial real-estate player Trammell Crow Co., under which Altus will install solar panels on 35 million square feet of industrial property in the United States. This is the biggest partnership forged by Altus since its inception in 2009, says the company. Lars Norell, Co-Chief Executive […] Read more