NextEnergy’s International Solar Fund to Acquire 42.3MW Polish Portfolio Updated On Fri, Sep 17th, 2021 by Saurenergy NextPower III ESG, the international solar fund of NextEnergy Capital, has agreed to acquire a 42.3MW solar PV project portfolio in Poland, marking NPIII ESG’s first acquisition in the country. Completion is expected to occur in Q4 2021 once all assets are constructed and energised. The solar PV project portfolio has been awarded a Contract for […] Read more
Vineyard Wind Raises $2.3 B for 800 MW Wind Project in Atlantic Ocean Updated On Fri, Sep 17th, 2021 by Saurenergy Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), has achieved financial close for its first project, raising $2.3 billion of senior debt for the construction of an 800 MW offshore wind farm in U.S. federal waters in the Atlantic Ocean. Nine international and U.S. based banks helped […] Read more
Glennmont Unveils IPP to Develop 1GW Solar Power in Southern Europe Updated On Fri, Sep 17th, 2021 by Saurenergy Leading clean energy fund manager Glennmont Partners from Nuveen has launched BNZ, a new independent power producer company (IPP), to develop, build and operate solar photovoltaic (PV) projects in Southern Europe. BNZ plans to reach an installed capacity of 1GW across Italy, Portugal and Spain by 2024, of which an initial 350MW are in advanced […] Read more
Babcock & Wilcox to Aquire Majority Stake in US Solar Firm Updated On Thu, Sep 16th, 2021 by Saurenergy Babcock & Wilcox Enterprises has signed a definitive agreement to acquire a majority ownership stake in Illinois-based solar energy contractor Fosler Construction Company, aiming to significantly enhance its capabilities in solar energy. The transaction is expected to close at the end of September 2021, subject to customary closing conditions. Fosler Construction will be part of […] Read more
EDF Renewable Arm Buys 270 MW US Solar Project from Galehead Updated On Thu, Sep 16th, 2021 by Saurenergy EDF Renewables (EDFR), the renewable arm of the French utility EDF Group, has bought a 270 megawatt (MWdc) solar development project in the MISO Central region from Galehead Development, an independent Boston-based energy development platform. A leading independent power producer and service provider, EDFR has 35 years of experience in renewable energy. When completed the solar […] Read more
VP Naidu Inaugurates Amp Energy’s 2.4MW Solar Plant in Puducherry Updated On Wed, Sep 15th, 2021 by Saurenergy Amp Energy India has commissioned a 2.4 MW solar power plant at Pondicherry University in the Union Territory of Puducherry. The plant was inaugurated by Vice President M Venkaiah Naidu on 13th September, 2021, in the presence of the Dr Tamilisai Soundararajan, Lt Governor of Puducherry & Chief Rector of Pondicherry University; N Rangasamy, Chief […] Read more
Maha Govt, JSW Sign MoU for Green Projects Worth ₹35,500 Cr Updated On Wed, Sep 15th, 2021 by Saurenergy The Maharashtra government and power major JSW Energy Ltd have signed two MoUs to set up two green projects worth Rs 35,500 crore. The agreement is part of the slew of initiatives under the state government’s Magnetic Maharashtra 2.0 initiative, started last year, to focus on stimulating investment and growth. “The two new projects will […] Read more
U.S. Solar Prices Rise, Despite 5.7GW Capacity Addition in Q2: WoodMac Updated On Wed, Sep 15th, 2021 by Saurenergy Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. This is the first time that […] Read more
NREL Study Chalks Out Plan for Zero-carbon Grid Using Solar Updated On Wed, Sep 15th, 2021 by Saurenergy By 2035, solar energy has the potential to power 40% of the USA’s electricity, drive deep decarbonisation of the grid, and employ as much as 1.5 million people—without raising electricity prices, finds a new study released by the U.S. Department of Energy (DOE). The study titled “Solar Futures Study” calls for massive and equitable deployment […] Read more
