GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects Updated On Wed, Dec 30th, 2020 by Saurenergy Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […] Read more
Oakridge Targets Solar At 1000 Schools By 2022 Updated On Wed, Dec 30th, 2020 by Saurenergy Schools, and other educational institutions remain rime candidates for solar, but at a government level, the Delhi government seems to have a done a better job of implementing a plan New Delhi based Oakridge Energy has reportedly signed agreements with the Delhi government and Kendriya Vidyalaya Sangathan to install solar PV plants at more schools […] Read more
Gujarat Solar Policy 2021. Key Points Updated On Wed, Dec 30th, 2020 by Saurenergy Gujarat, with an installed capacity of close to 11,000 Mw of renewable energy has just unveiled its new solar policy, that seeks to take the state’s total renewable energy to 30,000 MW by 2022, for starters. Chief Minister Vijay Rupani announced Gujarat’s new solar power policy on Tuesday. The new policy is expected to be […] Read more
Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California Updated On Tue, Dec 29th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […] Read more
SECI Tenders for 20 MW Solar Plus 50 MWh BESS in Leh, Ladakh Updated On Tue, Dec 29th, 2020 by Saurenergy SECI has issued a tender for 20 MW (AC) solar PV plant (50 MWp DC) with 20 MW/50 MWh BESS at Phyang in Leh, Ladakh. The Solar Energy Corporation of India (SECI) has issued a tender for the commissioning of a 20 MW (AC) solar PV power plant (50 MWp DC) with 20 MW/50 MWh […] Read more
Vikram Solar Commissions 10 MW Solar Plant for WBSEDCL Updated On Tue, Dec 29th, 2020 by Saurenergy Vikram Solar has commissioned a 10 MW solar project for West Bengal State Electricity Distribution Company Limited (WBSEDCL). Vikram Solar, a leading module manufacturer and a prominent EPC & rooftop solar solutions provider based out of West Bengal, has announced the commissioning of a 10 MW solar project for West Bengal State Electricity Distribution Company […] Read more
Australia Solar Plant Ropes In Singapore’s Keppel Renewable As Partner Updated On Mon, Dec 28th, 2020 by Saurenergy Singapore-based Keppel Renewable Energy 9KRE), is investing for a 45% stake in Harlin Solar, which is developing a 500 MW solar farm at Harlin, about 100 kilometers northwest of Brisbane, Australia. This is KRE’s first large scale solar plant anywhere. The group has a 2030 target of 7 GW of renewable energy projects. The investment, […] Read more
EDFR Begins Commercial Operation of 150 MW Merricourt Wind Project Updated On Sat, Dec 26th, 2020 by Saurenergy EDF Renewables North America today announced that the 150 megawatts (MW) Merricourt Wind Project achieved commercial operation and has been turned over to Otter Tail Power Company, a subsidiary of Otter Tail Corporation. EDF Renewables developed and managed the construction process for Otter Tail Power under an Asset Purchase Agreement and turnkey Engineering, Procurement, and […] Read more
Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg Updated On Thu, Dec 24th, 2020 by Saurenergy The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […] Read more