Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio Updated On Mon, Apr 13th, 2020 by Saurenergy Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […] Read more
Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects Updated On Mon, Apr 13th, 2020 by Saurenergy The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […] Read more
Tata Power Wins 2020 Edison Award in the field of Innovation Updated On Sat, Apr 11th, 2020 by Saurenergy Utility giant Tata Power has won the most designated global Edison Award for its Club Enerji #Switchoff2SwitchOn campaign under Social innovation category and Social Energy Solutions subcategory. The Edison Awards, named after Thomas Alva Edison, recognizes and honours the world’s best innovations and innovators. The company has won the award after all nominations were reviewed by the Edison […] Read more
Renewables Account for Almost Three Quarters of New Capacity in 2019 Updated On Mon, Apr 6th, 2020 by Saurenergy The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […] Read more
JinkoSolar’s Australian Arm Inks 1-Yr Line of Credit Pact with NAB Updated On Sat, Apr 4th, 2020 by Saurenergy JinkoSolar Australia, an Australian arm of NYSE-listed JinkoSolar Holding Co. Ltd, has entered into a one-year AUD 37 million line of credit agreement with the National Australia Bank (NAB), one of the four largest financial institutions in Australia. JinkoSolar is one of the largest and most innovative solar module manufacturers across the globe. As per […] Read more
Solaria Files Suit Against Canadian Solar for Patent Infringement Updated On Thu, Apr 2nd, 2020 by Saurenergy The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar Inc., the leading Chinese solar panel manufacturer, in the Federal District […] Read more
Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
India among Top 10 Power Consuming Countries Globally Updated On Wed, Mar 25th, 2020 by Saurenergy With electricity consumption reached to 1,164 TWh in the country till November 2019, India ranked third among the top ten electricity consuming countries across the globe, as per the key statistics data of IEA. Power consumption is undoubtedly one of the major parameters which define the speed of growth and development of any country. Asian […] Read more
Plus Renewable, Avondale Solar to Sell 350 MW Solar Project Updated On Thu, Mar 19th, 2020 by Saurenergy Plus Renewable and Avondale Solar have entered into an agreement to sell their interests in a 350 MW solar PV project in Fort Bend County, Texas Plus Renewable Technologies and Avondale Solar have entered into an agreement to sell their interests in a 350 MW solar PV project in Fort Bend County, Texas that they are developing via their affiliate AP Solar Holdings […] Read more