WEC Energy To Acquire 80% Stake In 250 MW Texas Solar Project Updated On Wed, Feb 1st, 2023 by Saurenergy US energy conglomerate WEC Energy Group has announced that it has signed an agreement to acquire an 80% ownership interest in the Samson I Solar Energy Center. The investment by WEC Energy Group is expected to total approximately $250 million for the 80% ownership interest. WEC Energy said that Samson I is a 250-MW project […] Read more
Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time – BNEF Updated On Tue, Jan 31st, 2023 by Saurenergy Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called ‘Energy Transition Investment Trends 2023’, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in […] Read more
US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions Updated On Wed, Jan 25th, 2023 by Saurenergy Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […] Read more
Denmark’s Ørsted to Develop Mockingbird Solar Center in Texas Updated On Mon, Jan 16th, 2023 by Saurenergy Global clean energy company based in Denmark, Ørsted has said that it has taken a final investment decision (FID) on 471 MW Mockingbird Solar Centre, a solar power plant, in the Texas, the USA. The decision also includes the donation of 1,000 acres of tall grass prairie for the purpose of conservation. The Solar Projects […] Read more
US Continues to be Most Attractive Market for RE Investment as China Follows; India Claims 7th Spot Updated On Tue, Jan 10th, 2023 by Saurenergy EY has released a report that provides an insight into the world’s 40 most attractive markets for renewable energy investment. The US has retained the top spot for years on EY’s list and in the latest edition too, the United States continues to be the most lucrative market for renewable energy investments. The Inflation Reduction […] Read more
Canadian Solar Will Supply 550mwh BESS To Pulse Clean Energy For UK Projects Updated On Thu, Jan 5th, 2023 by Saurenergy Global renewable major Canadian Solar has announced that CSI Energy Storage, part of its subsidiary CSI Solar, has been selected to provide up to 550 MWh of SolBank energy storage products to Pulse Clean Energy. The products will be used in various UK-based energy projects. Canadian Solar said that the 550 MWh of energy storage […] Read more
EDF Renewables & Munich Re’s MEAG to Invest in US Renewable Energy Projects Updated On Wed, Dec 28th, 2022 by Saurenergy The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Re’s global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The […] Read more
Tata Power-DDL & NTPC School of Business to Nurture Manpower in RE Sector Updated On Tue, Dec 27th, 2022 by Saurenergy A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Ltd (Tata Power-DDL) recently signed a Memorandum of Understanding (MoU) with NTPC School of Business to advance its vision of building a sizable pool of qualified and trained manpower in the energy sector. By combining the knowledge and resources of […] Read more
SolarManufacturer CubicPV to Build 10 GW Silicon Solar Wafer Facility in USA Updated On Fri, Dec 23rd, 2022 by Saurenergy American solar manufacturer CubicPV has announced that it has planned to establish 10 GW of conventional mono wafer capacity in the United States. The objective of the firm is to fill a marked void in the silicon solar value chain and capitalise on its expertise in silicon wafer production. The planned factory will be the […] Read more
