Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round Updated On Tue, Dec 24th, 2019 by Saurenergy Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
Infrastructure Sector Makes the Case for Captive RE Policy and More Updated On Sat, Dec 21st, 2019 by Saurenergy The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy charges to make renewable energy more viable The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory […] Read more
EDPR Secures Long-Term CfD for 307 MW Wind at Polish Auction Updated On Fri, Dec 20th, 2019 by Saurenergy EDPR has secured a 15-year CfD at the Polish energy auction to sell electricity produced by a portfolio of 11 wind farms with a total capacity of 307 MW. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has secured […] Read more
547 Energy and Enora Secure 135 MW Wind Energy Projects in Greece Updated On Fri, Dec 20th, 2019 by Saurenergy 547 Energy in partnership with Enora, been awarded by the RAE in Greece four 20-year PPA for 135 MW of wind energy projects located in Central Macedonia. 547 Energy, the clean energy platform of Quantum Energy Partners, has announced that its affiliate, 547 Energy International European Holdings, has, in partnership with Enora, been awarded by […] Read more
AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey Updated On Wed, Dec 18th, 2019 by Saurenergy A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […] Read more
Adani Green Energy’s $362.5 mn Green Bonds Attracts Strong Interest Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Green Energy’s green bonds worth USD 362.5m became India’s 1st investment-grade offering from the nation’s renewable energy sector to global investors. The Adani Group’s aggressive moves in the dollar bond market have led to amplified interest for foreign investors in the Indian renewable energy space. Recently, amortising green bonds worth USD 362.5m issued by […] Read more
Siemens Gamesa Bags First Order for its Latest 5.X Turbine Platform Updated On Mon, Dec 16th, 2019 by Saurenergy Siemens Gamesa has bagged an order for the supply of wind turbines from its latest 5.X platform for the 231 MW Skaftåsen project in Sweden Siemens Gamesa Renewable Energy (SGRE) has announced that it has bagged an order for the supply of its most powerful geared onshore wind turbine, the SG 5.8-155 wind turbine. The first […] Read more
Vestas Bags 185 MW Wind Turbine Order in Chile Updated On Wed, Dec 11th, 2019 by Saurenergy Vestas has received a 185 MW wind turbine order from Mainstream Renewable Power for the Cerro Tigre wind farm in Chile. Vestas has announced that global wind and solar development company, Mainstream Renewable Power has placed a 185 MW wind turbine order for the Cerro Tigre wind farm, to be located in the Antofagasta region, […] Read more
