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
MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India Updated On Thu, Dec 24th, 2020 by Saurenergy MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […] Read more
Canadian Solar Completes the Sale of 290 MWp Greenfield Solar Portfolio in Italy Updated On Wed, Dec 23rd, 2020 by Saurenergy Canadian Solar has announced the sale of the remaining 30 percent ownership of the Big Fish SPV and Iron SPV solar projects to Falck Renewables. Both projects are located in Sicily, Italy, and have a total expected capacity of more than 290 MWp. The Company expects to recognize revenues from the sale in the fourth […] Read more
Dominion Files Plan to Build its 2.6 GW Virginia Offshore Wind Project Updated On Wed, Dec 23rd, 2020 by Saurenergy Dominion Energy has filed with BOEM the required Construction and Operations Plan to build the 2.6 GW Coastal Virginia Offshore Wind project. Dominion Energy has announced that it has filed with the Bureau of Ocean Energy Management (BOEM) the required Construction and Operations Plan (COP) to build the 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) commercial […] Read more