Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
Sungrow Smart Energy Virtual Show to Kick off on June 15th 2020 Updated On Tue, Jun 2nd, 2020 by Saurenergy The situation changes on a daily basis due to the COVID-19 pandemic, while the global market still witnesses a big growth in solar and storage segments. Sungrow, a global inverter solution supplier, keeps pioneering in advanced technologies and announced recently that it would bring an extraordinary smart energy virtual show on June 15th-19th despite the […] Read more
Ircon Partners With NIIFL, Ayana to Explore Opportunities in Solar Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy Ircon International has signed a pact with NIIFL and Ayana Renewable Power for exploring opportunities in the solar energy segment. Ircon International Limited, formerly Indian Railway Construction Limited, an engineering and construction organisation has announced that it has signed a pact with the National Investment and Infrastructure Fund Limited (NIIFL) and Ayana Renewable Power for exploring opportunities in the solar energy […] Read more
PPA for Thermal Plant with Adani Power in MP Raises Important Questions Updated On Mon, Jun 1st, 2020 by Saurenergy The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […] Read more
Longroad Energy Selected for 160 MW Solar With 640 MWh BESS in Hawaii Updated On Mon, Jun 1st, 2020 by Saurenergy Longroad Energy has been selected by the Hawaiian Electric Company to begin developing two utility-scale solar and battery storage projects in Hawaii Longroad Energy has been selected by the Hawaiian Electric Company (HECO) to begin developing two utility-scale solar and battery storage projects for completion in 2023 in the state of Hawaii. The two projects […] Read more
REIL Tenders for BOS Work for Solar Projects at 2 SAIL Buildings Updated On Mon, Jun 1st, 2020 by Saurenergy REIL has tendered for the supply of BOS equipment and the installation of solar projects worth 230 kWp at two SAIL warehouses in Bengaluru and Chennai Rajasthan Electronics and Instruments Limited (REIL) has issued a tender for the supply of BOS (Except SPV modules and inverters) equipment and the installation of solar PV projects worth a […] Read more
Top 10 Inverter Companies for Rooftop Solar in India Updated On Mon, Jun 1st, 2020 by Saurenergy With India signed the Paris accord in 2015 to reduce its carbon footprints significantly by 2030, the road towards increasing the clean energy generation in the country’s aggregate energy mix opened. It provides the country with a new vision of achieving higher targets of (175 GW) renewable energy by 2022 and dampens the fossil fuel-based […] Read more
