Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan Updated On Mon, Sep 16th, 2019 by Saurenergy EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […] Read more
ACT to Auction for 250 MW Renewable Plus Storage Projects Updated On Mon, Sep 16th, 2019 by Saurenergy The Australian Capital Territory (ACT) will conduct a new reverse auction for the construction of up to 250 MW of new renewable energy and storage projects. The Australian Capital Territory (ACT), has announced that it an attempt to ensure that the ACT remains 100 percent powered by renewable electricity, it will conduct a new reverse […] Read more
MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects Updated On Fri, Sep 13th, 2019 by Saurenergy MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […] Read more
EDP Issues EUR 600 Million Green Bond Updated On Thu, Sep 12th, 2019 by Saurenergy EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […] Read more
NLC India Commissions 95 MW Solar Plant in Tamil Nadu Updated On Wed, Sep 11th, 2019 by Saurenergy NLC India has announced that it has successfully commissioned a 95 MW solar plant in Tamil Nadu. State-owned mining and power generating company, NLC India has announced that it has successfully commissioned a 95 MW solar plant in Telangana. In its official filing, the company stated that 95 MW capacity of the 109 MW Solar […] Read more
US Residential Storage Market Sees Record Growth in Q2 2019 Updated On Wed, Sep 11th, 2019 by Saurenergy A new analysis has revealed that a record 35 MW of residential storage was deployed in the US in Q2 of 2019, more than in any other quarter on record A new analysis has revealed that a record 35 megawatts (MW) of residential storage was deployed in the US in the second quarter (Q2) of […] Read more
Europe Solar Technology Contracts Activity Drops 64% in Q2 2019 Updated On Wed, Sep 11th, 2019 by Saurenergy Europe solar technology contracts in Q2 2019 saw 51 contracts announced, marking a drop of 64 percent over the last four-quarter average of 143 contracts Europe solar technology contracts in the second quarter (Q2) of 2019 saw 51 new contracts announced, marking a drop of 64 percent over the last four-quarter average of 143, according […] Read more
Ørsted’s Taiwanese Offshore Wind Farm Generates First Power Updated On Wed, Sep 11th, 2019 by Saurenergy Ørsted has announced that the second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind farm, produced first power. Danish wind energy major and the leading offshore wind energy firm in the world, Ørsted has announced that on September 5, 2019, the company’s second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind […] Read more