NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio Updated On Tue, Nov 3rd, 2020 by Saurenergy NextEra Energy Resources will sell a 90% interest in a 1 GW renewables portfolio and 100% interest in a 100-MW solar-plus-storage project for approximately USD 1.3 billion in total proceeds NextEra Energy has announced that a subsidiary of NextEra Energy Resources has entered into agreements to sell a 90 percent interest in a 1,000 megawatt (MW) portfolio […] Read more
Neoen Completes Financing of Largest Solar Farm in Australia Updated On Tue, Oct 27th, 2020 by Saurenergy Neoen has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm in Queensland which will be the largest solar farm in Australia Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm […] Read more
Two O&M Tenders for 40 MW of Solar By BHEL Updated On Tue, Oct 13th, 2020 by Saurenergy Bharat Heavy Electricals Limited (BHEL), one of the power sector PSU’s that is increasingly being used as a vehicle to meet manufacturing as well as other objectives in the renewable energy space, has floated two more O&M tenders for solar projects. The first project on offer is the 10 MW solar power project at Charanka […] Read more
Nextracker’s Bifacial Solution Selected for Largest Solar Plant in Australia Updated On Wed, Oct 7th, 2020 by Saurenergy Nextracker has announced that its solar tracker technology has been chosen for the largest solar plant in Australia, a 460 MWp project in Queensland Nextracker, a flex company, has announced that its solar tracker technology, NX Horizon has been chosen for the largest solar plant in Australia, a 460 megawatt-peak (MWp) installation in Queensland’s Western […] Read more
Sterling and Wilson Q1 2020-21 Results. Familiar Problems Continue To Dog Numbers Updated On Wed, Sep 16th, 2020 by Saurenergy Sterling and Wilson Solar Limited has just declared its results for Q1 of the financial year 2021-21, and the numbers don’t make for pretty reading at all. The firm’s legacy problem of timely debt repayment from its promoters, despite assurances after the previous quarter results and analyst calls, continues to fester, something that will not […] Read more
Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms Updated On Fri, Sep 11th, 2020 by Saurenergy This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it. “The IPO marks the beginning of a new chapter,” said Daniel Huang, […] Read more
Rs 747 Crore US Order Win for Sterling and Wilson Updated On Fri, Jun 26th, 2020 by Saurenergy Sterling and Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has been awarded a USD 99 million (~INR 747 crore) contract to construct a 194 MW project in the United States of America. It is being developed by a leading sustainable energy company, and […] Read more
Solar O&M Market To Be $9.4 Billion By 2025 Updated On Mon, Jun 22nd, 2020 by Saurenergy Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – […] Read more
Sterling & Wilson Becomes 1st Indian Company to Commission Solar Project in Oman Updated On Tue, Jun 2nd, 2020 by Saurenergy Adding another feather in its cap, Sterling and Wilson Solar Ltd, one of the largest solar EPC solutions providers worldwide, commissioned its first 125 MW solar energy project in Oman and become the first Indian company to commission a photovoltaic (PV) project in the region. Commenting on the landmark achievement, Bikesh Ogra, Director and Global CEO of Sterling […] Read more