CIT Leads $69 Million Financing for Solar Portfolio Updated On Thu, Jan 14th, 2021 by Saurenergy CIT Group Inc. has announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located […] Read more
CEL Tenders for 2.75 MW Solar Plant at IOCL Bottling Plant in Trichy Updated On Thu, Jan 14th, 2021 by Saurenergy CEL has issued a tender for the commissioning of a 2.75 MW solar power plant at the LPG Bottling Plant of IOCL in Trichy, Tamil Nadu. Central Electronics Limited (CEL) has issued a tender for the commissioning of a 2.75 MW grid-connected ground-mounted solar power plant at the LPG Bottling Plant of the Indian Oil […] Read more
Infrastructure and Energy Alternatives Secures Wind Construction Contract for 300 MW Project Updated On Wed, Jan 13th, 2021 by Saurenergy Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company has been awarded a wind construction contract valued at approximately $100 million. Apex Clean Energy, who develops, constructs, and operates utility-scale wind and solar power facilities across […] Read more
Engie, Neoen in Pact for 1 GW Integrated Renewable Project in France Updated On Wed, Jan 13th, 2021 by Saurenergy French energy majors Engie and Neoen are collaborating to construct a 1 GW solar and storage project in south-west France. French energy majors Engie and Neoen are collaborating to construct a 1 GW solar and storage project in south-west France. While Engie is an established Euro 60 billion giant, Neoen is a relatively new specialist […] Read more
Vikram Solar Expands Retail Footprint; Enters Chhattisgarh Updated On Wed, Jan 13th, 2021 by Saurenergy Vikram Solar has announced the expansion of its retail footprint with the entry into Raipur, Chhattisgarh, tying up with Express Tradecom. Vikram Solar, a leading module manufacturers and prominent EPC and rooftop solar solutions provider has announced the expansion of its retail footprint with the entry into Raipur, Chhattisgarh. The company tied up with Express […] Read more
2021: Counting On PSU’s To Flex Solar Muscles Updated On Wed, Jan 13th, 2021 by Saurenergy Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […] Read more
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