RWE Renewables Closes Financing for 151 MW Wind Project Updated On Thu, Apr 23rd, 2020 by Saurenergy RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […] Read more
150 GW of RE Projects at Risk Due to Coronavirus Updated On Wed, Apr 22nd, 2020 by Saurenergy In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […] Read more
Floating Solar and Fishery Chalks Another Success in China with 120 MW plant Updated On Wed, Apr 22nd, 2020 by Saurenergy Months after the start of a 260 MW plant in China’s Anhui province that was made by China General Nuclear Power Group , that used floating solar and allowed fishery at the site, comes news of another 120 MW plant going online. The new plant is located at Cixi, in Zhejiang province of China.The plant, […] Read more
MNRE Grants Blanket Extension for RE Projects amid Lockdown Updated On Tue, Apr 21st, 2020 by Saurenergy With an aim to provide relief to renewable energy (RE) stakeholders amid lockdown due to Covid-19, the Ministry of New and Renewable Energy (MNRE) has granted an extension of time for RE projects equivalent to the period of lockdown plus 30 days additional blanket extension. Saurenergy had shared this information following our coverage of MNRE […] Read more
Crashing Oil, Booming Solar. Possible? Updated On Tue, Apr 21st, 2020 by Saurenergy While the slump in oil prices will have its own yet to be seen second, and third order effects, be it political stability in the middle east, or moves by the US and Russia to outflank each other, for India, this is the opportunity that needs to be taken with both hands. The country has […] Read more
Decoding The healthy Response to NHPC 2000 MW Solar Tender Updated On Mon, Apr 20th, 2020 by Saurenergy On the face of it, the response to the NHPC (formerly National Hydroelectric Power Corporation) 2 GW tender is more than a little surprising. Not only has the tender sailed through, it has done so with flying colours, by any stretch of imagination. Five well established players in the form of SoftBank-backed SB Energy, Axis […] Read more
CEL Seeking Vendors for 1000 Kgs of Solar PV Ribbon Updated On Mon, Apr 20th, 2020 by Saurenergy CEL has issued a tender, seeking eligible bidders/ vendors for the supply of 1000 kgs of solar PV ribbon of width 5 mm and thickness 0.3 mm. The Central Electronics Limited (CEL) has issued a tender, seeking eligible bidders/ vendors for the supply of 1000 kgs of solar photovoltaic (PV) ribbon of width 5 mm […] Read more
Solar PV Corporate Funding Expected to Take a hit Updated On Mon, Apr 20th, 2020 by Saurenergy Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […] Read more
Solar Subsidies. Is It Time To End Them? Updated On Fri, Apr 17th, 2020 by Saurenergy Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […] Read more
