Silicon Ranch Closes $225 Million Equity Raise with Existing Shareholders Updated On Wed, Dec 16th, 2020 by Saurenergy Silicon Ranch Corporation, the U.S. solar platform for Shell and one of the nation’s largest independent power producers, has closed an investment round that attracted $225 million in new equity capital. The round was funded entirely by existing Silicon Ranch shareholders, which include Shell and institutional investors TD Greystone Infrastructure Fund (Global Master) L.P., managed by TD […] Read more
CM Mamata Banerjee Lauds Eco Friendly Approach In Bengal Updated On Tue, Dec 15th, 2020 by Saurenergy In a tweet yesterday, Chief Minister of West Bengal Mamta Banerjee claimed that Bengal has been the pioneer state in introducing environment-friendly transportation on such a large scale. “With environment-friendly electric bus and CNG bus service, Kolkata has also bagged international C40 Award for electric transportation system”, Mamata wrote. Today is National Energy Conservation Day. […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
sPower Expands New York Portfolio Through 1-Gigawatt Acquisition Updated On Fri, Dec 11th, 2020 by Saurenergy sPower, a leading renewable energy Independent Power Producer (IPP), announced today the acquisition of nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid’s competitive, unregulated division. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
Engie North America Partners With Climate Investor For Distributed Generation Portfolio Updated On Tue, Dec 8th, 2020 by Saurenergy ENGIE North America and Hannon Armstrong, a leading investor in climate change solutions, announced a new partnership to jointly invest in a Distributed Generation (DG) portfolio of solar and solar-plus-storage assets located across the United States. The portfolio is comprised of a diversified set of community solar and commercial & industrial (C&I) ground-mounted, carport and rooftop […] Read more
Commercial & Industrial PV Adopts 1500V High-Power Solutions. What Do the Cost Savings Look Like? Updated On Fri, Dec 4th, 2020 by Saurenergy For a long time, distributed solar pv plants have been an important part of the clean energy mix. Most solar projects are 1100V and 1000V, but with the adjustment of policies across the globe, grid parity, cost reduction and efficiency increase have become the primary considerations of developers of distributed power stations. Under this new […] Read more
Railways Should use Sections of its Extensive Network for Transmission Infrastructure: IEEFA Updated On Thu, Dec 3rd, 2020 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA) in its latest report has shown how by facilitating electricity transmission routes, the Indian Railways could fast-track the energy transition. The report, Indian Railways at the Junction, suggests that transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables. […] Read more
The Case For Storage Is a Tough Sell At Reinvest 2020 Updated On Wed, Dec 2nd, 2020 by Saurenergy RE-invest 2020’s session on battery storage, with a focus on innovation and sustainability, sent out mixed messages on the potential for, and need for battery storage in India. Thus, while some of the panelists drove home the point that long term storage was not really a requirement for India yet, considering the little gap between […] Read more
