Gujarat Solar Policy 2021. Key Points Updated On Wed, Dec 30th, 2020 by Saurenergy Gujarat, with an installed capacity of close to 11,000 Mw of renewable energy has just unveiled its new solar policy, that seeks to take the state’s total renewable energy to 30,000 MW by 2022, for starters. Chief Minister Vijay Rupani announced Gujarat’s new solar power policy on Tuesday. The new policy is expected to be […] Read more
Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California Updated On Tue, Dec 29th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […] Read more
Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
EPRI Selected for 3 US DOE Awards for Advancing Energy Storage Updated On Tue, Dec 29th, 2020 by Saurenergy EPRI will lead 3 projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling USD 600K The Electric Power Research Institute (EPRI) has announced that it will lead three projects for advanced, bulk energy storage following selection by the US Department of Energy (DOE) for awards totaling […] Read more
SECI Tenders for 20 MW Solar Plus 50 MWh BESS in Leh, Ladakh Updated On Tue, Dec 29th, 2020 by Saurenergy SECI has issued a tender for 20 MW (AC) solar PV plant (50 MWp DC) with 20 MW/50 MWh BESS at Phyang in Leh, Ladakh. The Solar Energy Corporation of India (SECI) has issued a tender for the commissioning of a 20 MW (AC) solar PV power plant (50 MWp DC) with 20 MW/50 MWh […] Read more
Tender Issued for Hydro Plus Floating Solar Hybrid Project in Mumbai Updated On Tue, Dec 29th, 2020 by Saurenergy MCGM has tendered for a renewable hybrid energy project of 20 MW hydro power capacity and 80 MW floating solar capacity at the Vaitarna lake. The Municipal Corporation of Greater Mumbai (MCGM) acting through the Municipal Commissioner, has issued a tender for the selection of developers for procurement of a renewable hybrid energy project to […] Read more
Australia Solar Plant Ropes In Singapore’s Keppel Renewable As Partner Updated On Mon, Dec 28th, 2020 by Saurenergy Singapore-based Keppel Renewable Energy 9KRE), is investing for a 45% stake in Harlin Solar, which is developing a 500 MW solar farm at Harlin, about 100 kilometers northwest of Brisbane, Australia. This is KRE’s first large scale solar plant anywhere. The group has a 2030 target of 7 GW of renewable energy projects. The investment, […] Read more
Ameren Missouri Acquires its First Wind Energy Center in Northeast Missouri Updated On Sat, Dec 26th, 2020 by Saurenergy Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has closed on the acquisition of the company’s first wind energy center, a 400-megawatt (MW) project in northeast Missouri. The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments in Missouri-based wind generation, which will add 700 MW of clean […] Read more
Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg Updated On Thu, Dec 24th, 2020 by Saurenergy The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […] Read more