USA’s Renewable Energy Firm Leeward Secures $180 Million for 200 MW Solar Project Updated On Thu, Mar 16th, 2023 by Saurenergy USA-based renewable energy firm Leeward Renewable Energy has announced the close of about $75 million in construction to term financing from MUFG Bank and about $105 million tax equity commitment from Wells Fargo for the Horizon Solar Facility located in Texas. Leeward said that Mitsubishi UFJ Financial Group (MUFG) served as the green loan structuring […] Read more
Origis Energy Announces $750 Million for Solar, Storage Pipeline in USA Updated On Fri, Mar 10th, 2023 by Saurenergy In a key development that would further USA’s renewable energy ambitions, renewable energy platforms Origis Energy has announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million. Miami-headquartered Origis Energy said that with enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar […] Read more
CERC Rejects Change In Law Plea For BCD Demanded By Developers In SECI’s Tranche IX Solar Tender Updated On Thu, Mar 9th, 2023 by Saurenergy In the tariff approval plea filed by SECI (Solar Energy Corporation of India) for its tranche IX solar tender, where it had bid out 2000 MW of capacity in 2020, the CERC (Central Electricity Regulatory Commission) found itself analysing a range of issues. Be it the change in GST on key solar components, to increase […] Read more
Germany’s AE Solar Plans EUR 1 Billion Solar Panel Facility in Romania Updated On Tue, Mar 7th, 2023 by Saurenergy Prime Minister of Romania Nicolae-Ionel Ciucă has met with AE Solar and Black Sea Universities Network representatives and German renewables player AE Solar has announced that it would open a factory for solar panel manufacturing in Romania. AE Solar also mentioned that the company will see an investment coming to the tune of EUR 1 […] Read more
Astronergy Supplies 154.4 MW Solar Modules for German PV Plant Updated On Tue, Mar 7th, 2023 by Saurenergy Chinese solar panel maker Astronergy has revealed that a total of 154.4MWdc ASTRO N5 TOPCon PV Modules have been delivered to Germany, to materialize Europe’s biggest TOPCon PV plant in Döllen (Brandenburg). The n-type TOPCon PV Modules from ASTRO N series have gained traction worldwide after the first project with 355MWdc was signed in Australia. […] Read more
Ramkrishna Forgings to Spend Rs 35 Cr for 7.82 MW Rooftop Solar Updated On Fri, Mar 3rd, 2023 by Saurenergy As industries rush towards decarbonisation through employment renewable energy, Ramkrishna Forgings Limited plans has said that it will install a 7.82 MW rooftop solar power system at forging plants. The rooftop solar will come up in Sariekella and Dugni plants in Jamshedpur. The total investment in the solar installation will come to Rs 35 crore. […] Read more
Canadian Solar Renews EUR 100 Million Note Program Updated On Tue, Feb 28th, 2023 by Saurenergy Canadian Solar Inc. has announced that Canadian Solar EMEA Capital Markets, its wholly-owned subsidiary in Spain, has registered its EUR 100 million medium term note program in the MARF (a Spanish multilateral trading facility). Canadian Solar said that any payment under the notes issued under the note program will be guaranteed by the company. The […] Read more
Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
Lightsource bp, AEP Energy Sign PPA for 188 MW Solar Farm in Indiana Updated On Fri, Feb 24th, 2023 by Saurenergy Solar energy conglomerate Lightsource bp and AEP Energy Partners (AEPEP), a subsidiary of American Electric Power have signed a power purchase agreement (PPA) for a 188 MWdc solar project called Honeysuckle Solar located in New Carlisle, Indiana, USA. AEP Energy Partners is also one of the largest wholesale energy suppliers in the country. Lightsource bp […] Read more
