Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind Updated On Thu, Dec 17th, 2020 by Saurenergy Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […] Read more
Cubico to Acquire European RE Platform Grupo T-Solar From I Squared Capital Updated On Thu, Dec 17th, 2020 by Saurenergy I Squared Capital has an agreement to sell its European renewables platform Grupo T-Solar to Cubico Sustainable Investments Ltd I Squared Capital, a leading global infrastructure investment manager, has announced that it has entered into an agreement to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, the renewable energy specialist jointly owned by Ontario Teachers’ […] Read more
KPTL Bags Transmission and Distribution Projects With Rs 1300 Cr Updated On Thu, Dec 17th, 2020 by Saurenergy KPTL has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T and D) space. Engineering, Procurement and Construction (EPC) company Kalpataru Power Transmission Limited (KPTL) has announced that it has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T […] Read more
In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets Updated On Thu, Dec 17th, 2020 by Saurenergy NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […] Read more
Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA Updated On Wed, Dec 16th, 2020 by Saurenergy IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […] Read more
Cordelio Power Acquires 150 MW Solar Development Project in Missouri Updated On Wed, Dec 16th, 2020 by Saurenergy Cordelio Power (“Cordelio”) is pleased to announce the acquisition of a 150 MW solar project (“Winfield”) under development in Lincoln County, Missouri. Cordelio acquired the Winfield project from a joint venture between Dakota Power Partners, LLC (“Dakota”) and MAP Energy (“MAP”), the original developers of the project. Dakota will initially provide transition development services for the project, […] Read more
NTPC Subsidiary Tenders for 3 MW Rooftop Solar Plant at IIT Jodhpur Updated On Wed, Dec 16th, 2020 by Saurenergy NTPC Vidyut Vyapar Nigam Limited has issued a tender for the commissioning of a 3 MW rooftop solar power plant at IIT Jodhpur. NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC Ltd., has issued a tender, inviting bids from eligible firms for the commissioning of a 3 MW grid-tied rooftop solar power […] Read more
Unpaid Electric Bills Weakens the Efforts to Improve Access to All Updated On Wed, Dec 16th, 2020 by Saurenergy Electric utilities in many developing countries often don’t get fully paid by consumers for the power they supply. A new study by the University of Chicago and partner institutes suggests that this has led to widespread outages and rationing of power. This poor electricity access may be a consequence of society treating electricity as a […] Read more
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
