Silicon Ranch Closes $225 Million Equity Raise with Existing Shareholders Updated On Wed, Dec 16th, 2020 by Saurenergy Silicon Ranch Corporation, the U.S. solar platform for Shell and one of the nation’s largest independent power producers, has closed an investment round that attracted $225 million in new equity capital. The round was funded entirely by existing Silicon Ranch shareholders, which include Shell and institutional investors TD Greystone Infrastructure Fund (Global Master) L.P., managed by TD […] Read more
SECI Disburses Rs 770 Cr in October, Rs 370 Cr for Solar & Wind Power Updated On Wed, Dec 16th, 2020 by Saurenergy SECI has published all the payments (solar/ wind power procured, transmission fees, subsidy, and GST rebates) it has made in October 2020. The Solar Energy Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power procured, transmission fees, […] Read more
MoU Signed Between Banks and BEE for Power Efficiency Projects Updated On Wed, Dec 16th, 2020 by Saurenergy APSECM will enter into an MoU with the BEE for facilitating the financing of energy-efficiency projects in the state under PRGFEE scheme. Andhra Energy Secretary Srikant Nagulapalli said that the committee of financial institutions, empanelled by AP State Energy Conservation Mission (APSECM), will enter into a memorandum of understanding (MoU) with the Bureau of Energy Efficiency (BEE) for […] Read more
NTPC Tenders for Solarization of 47 LDC & SIDS Member Countries of ISA Updated On Tue, Dec 15th, 2020 by Saurenergy NTPC Ltd has issued an EoI for the solarization of LDC and SIDS member countries of the International Solar Alliance (ISA). NTPC Ltd has issued an expression of interest (EoI) for the solarization of Least Developed Countries (LDC) and Small-Island Developing States (SIDS) member countries of the International Solar Alliance (ISA). ISA as part of […] Read more
Tata Power Subsidiary TPMRG Commissions 100th Solar Microgrid in UP Updated On Tue, Dec 15th, 2020 by Saurenergy TPRMG, a 100 percent subsidiary of Tata Power, has commissioned its 100th solar microgrid project in Ratnapur, Uttar Pradesh (UP) While the Government of India has achieved 100 percent electrification under the Saubhagya scheme, communities in Indian states, especially, Bihar and Uttar Pradesh still have unreliable power supply and face unscheduled power cuts. Many of […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
sPower Expands New York Portfolio Through 1-Gigawatt Acquisition Updated On Fri, Dec 11th, 2020 by Saurenergy sPower, a leading renewable energy Independent Power Producer (IPP), announced today the acquisition of nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid’s competitive, unregulated division. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to […] Read more
Siemens Energy teams up with Duke Energy, Clemson University to study hydrogen use Updated On Fri, Dec 11th, 2020 by Saurenergy Siemens Energy, Duke Energy and Clemson University have teamed up to study the use of hydrogen for energy storage and as a low- or no-carbon fuel source to produce energy at Duke Energy’s combined heat and power plant at Clemson University in South Carolina. The U.S. Department of Energy announced today that it awarded Siemens Energy a $200,000 grant for the research […] Read more
Husk Power 1st Minigrid Firm to Power 100 Communities, 5000 Micro-Enterprise Customers Updated On Fri, Dec 11th, 2020 by Saurenergy Husk Power has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Husk Power Systems, a leading rural energy company operating renewable minigrids in Asia and Africa, has announced that it has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Despite the […] Read more
