Grenergy Renovables S.A. and Natixis Close Solar PV Portfolio Financing in Chile Updated On Tue, Jan 12th, 2021 by Saurenergy Grenergy Renovables S.A. (“Grenergy”), with Natixis as Sole Lead Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed senior secured facilities totaling US $91 million for an expected 130 MWp portfolio of 14 solar photovoltaic (“PV”) plants in Chile. This marks Natixis’ first transaction with Grenergy and was fully underwritten by Natixis. The Grenergy portfolio […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
Savosolar Signs Delivery Contract for a Solar Thermal System in France Updated On Mon, Jan 11th, 2021 by Saurenergy Savosolar signs delivery contract for a solar thermal system to AbSOLAR in Cadaujac, France Savosolar has signed a delivery contract with AbSOLAR SAS valued at approximately c. EUR 300 thousand for a solar thermal plant delivery in Cadaujac, France. Delivery of this plant will happen during the first half of 2021. Savosolar informed on April […] Read more
ReneSola Power Announces Sale of 12.3 MW of Projects in Hungary Updated On Mon, Jan 11th, 2021 by Saurenergy ReneSola Ltd, a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company headquartered in Aarhus, Denmark. The portfolio comprises 20 solar plants in five locations, including Sárbogárd, Kömlöd, Szajol, Lukacshaza, and Törökszentmiklós, with a combined capacity […] Read more
India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more
Adani Green Energy Commissions 25 MW Solar Plant in Uttar Pradesh Updated On Mon, Jan 11th, 2021 by Saurenergy Adani Green Energy has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh, executing a PPA with NPCL at Rs 3.08/kWh. Adani Solar Energy Chitrakoot One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. The firm has executed a […] Read more
EESL to Establish Clean Energy & E-Mobility Projects for NHAI Updated On Mon, Jan 11th, 2021 by Saurenergy EESL has signed an MoU with NHAI to establish various clean energy and energy efficiency interventions at NHAI structures across India. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with the National Highway Authority of India (NHAI), an Autonomous Body under the Ministry […] Read more
IREDA Signs MoU With NHPC for Developing Renewable Projects Updated On Mon, Jan 11th, 2021 by Saurenergy IREDA has signed an MoU with NHPC for providing its technical expertise in developing renewable energy projects for the next 5 years IREDA signs a memorandum of understanding (MoU) with NHPC Ltd. for providing its technical expertise in developing renewable energy projects for the next 5 years pic.twitter.com/JLqf91hsR8 — Prasar Bharati News Services पी.बी.एन.एस. (@PBNS_India) […] Read more
Can ATUM Bridge The Rooftop Solar Gap for India? Updated On Mon, Jan 11th, 2021 by Saurenergy For Hyderabad based Visaka Industries, an established firm (Rs 1057 crore revenues in 2019-20) in the construction sector with multiple product lines ranging from corrugated cement sheets, fibre cement boards, and manmade yarn, the move into Hybrid solar roofs might be the most transformational yet. Not only does the new venture mark its entry into […] Read more
