Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route Updated On Fri, Jan 24th, 2020 by Saurenergy Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […] Read more
Rewa Ultra Mega Solar Seeking Consultants for Land Identification Updated On Fri, Jan 24th, 2020 by Saurenergy Rewa Ultra Mega Solar has issued an RfP for conducting environment and social baseline survey for identification of land for proposed solar parks in Madhya Pradesh Rewa Ultra Mega Solar (RUMS) has issued a request for proposal (RfP) seeking bids for the selection of consultants for conducting environment and social baseline survey for identification of […] Read more
FESCO to Develop Solar plus Storage Project for Maryland’s District 40 Mall Updated On Fri, Jan 24th, 2020 by Saurenergy US based FESCO Energy has inked an exclusive pact with Maryland’s District 40 mall, formally known as Frederick Towne Center Mall located on the Golden Mile, to develop a a microgrid enabled solar-plus-storage project. This sustainable microgrid power generation project will generate electricity of more than 3 MW from solar energy and will be having […] Read more
India Installed 7.5 GW Utility-Scale Solar and 2.4 GW Wind in 2019 Updated On Fri, Jan 24th, 2020 by Saurenergy Renewable energy installations in India reached 86 GW at the end of 2019, and while wind is the major contributor, for now, solar is closing in fast. Renewable energy installations in India reached 86 GW as of December 31, 2019. And while wind energy is the major contributor holding nearly 44 percent share in the […] Read more
Capital Dynamics, 8minute Partner on 400 MW Solar & Storage Centre Updated On Thu, Jan 23rd, 2020 by Saurenergy Capital Dynamics and 8minute Solar Energy have partnered through equity financing and acquisition of the 400 MW Eland Solar & Storage Center in California. Capital Dynamics, an independent global private asset management firm has announced that its Clean Energy Infrastructure (CEI) business has entered into a development partnership with 8minute Solar Energy through the equity […] Read more
Engie to Sell 74% Stake in India Solar Portfolio to Edelweiss Updated On Thu, Jan 23rd, 2020 by Saurenergy Engie has agreed to sell a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity in India to the Edelweiss Infrastructure Yield Plus. Engie and Edelweiss Infrastructure Yield Plus (EIYP) have announced a strategic partnership for the company’s solar assets in India. In line with both Engie’s and EIYP’s strategies, Engie has […] Read more
Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia Updated On Thu, Jan 23rd, 2020 by Saurenergy Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating […] Read more
Military Engineer Services Tenders for 220 kWp Rooftop Solar Systems in Delhi Updated On Thu, Jan 23rd, 2020 by Saurenergy The Military Engineer Services has issued a tender for setting up two rooftop solar plants worth a combined 220 kWp generational capacity in Delhi The E-in-C Branch of the Military Engineer Services (MES) has issued a tender for setting up two rooftop solar plants worth a combined 220 kWp generational capacity. The first plant worth […] Read more
Portugal’s Galp Acquires 2.9 GW Solar Portfolio From ACS in Spain Updated On Thu, Jan 23rd, 2020 by Saurenergy Galp Energia has reached an agreement with the ACS Group for the acquisition of projects for the generation of solar energy in Spain Galp Energia, a Portuguese corporation which consists of more than 100 companies engaged in activities such as natural gas supply, transport, storage, etc has announced that it has reached an agreement with […] Read more