Nautilus Solar Closes $90 Mn Debt Financing Deal with Canadian Lenders Updated On Wed, Apr 29th, 2020 by Saurenergy Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects, has sealed a USD 90 million debt financing deal with two Canadian lenders i.e. National Bank of Canada (NBC) and Royal Bank of Canada (RBC). As per the agreement signed, the financing will be in two parts i.e. a USD 75 million for […] Read more
100 MW Solar Plus Storage Project Approved by Arkansas Commission Updated On Wed, Apr 29th, 2020 by Saurenergy The Arkansas Public Service Commission has approved a new 100 MW utility-scale solar project along with a 10 megawatts of battery storage system The Arkansas Public Service Commission has approved a new utility-scale solar project that will provide Entergy Arkansas customers with 100 megawatts (MW) of solar power and 10 megawatts of battery storage. The […] Read more
Covid-19 Hurts ABB’s Q1 Results; Revenue Slips across Businesses Updated On Tue, Apr 28th, 2020 by Saurenergy Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The company’s net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, it’s […] Read more
Siemens Gamesa Secures O&M Contract for a 135 MW Senvion Wind Farm in Australia Updated On Mon, Apr 27th, 2020 by Saurenergy Siemens Gamesa has secured a 20-year contract to provide full-scope O&M services for a 135-MW Senvion wind farm in Victoria, Australia. Siemens Gamesa Renewable Energy has announced that it has secured a long-term, 20-year contract to provide full-scope operation and maintenance (O&M) services for a 135-MW Senvion wind farm in Victoria, Australia. Under the agreement, […] Read more
CEL Extends Deadline for 535 kW Solar Project at NIBSM Campus Updated On Mon, Apr 27th, 2020 by Saurenergy CEL has extended its bid submission deadline for its tender for the commissioning of a 535 kW solar power plant at the NIBSM Campus in Raipur, Chhattisgarh Central Electronics Limited (CEL) has extended its bid submission deadline for its tender for the commissioning of an on-grid solar photovoltaic (PV) power plant of capacity 535 kWp […] Read more
NTPC Issues Global EOI For Hydrogen Fuel Bus and Car project Updated On Mon, Apr 27th, 2020 by Saurenergy NTPC Ltd, India’s largest power producer and a central PSU under the Ministry of Power has invited Global Expression of Interest (EoI) to provide 10 Hydrogen Fuel Cell (FC) based electric buses and an equal number of Hydrogen Fuel Cell based electric cars in Leh and Delhi. The EoI has been issued by NTPC’s wholly-owned […] Read more
8minute Expands Pipeline to 18 GW with new Solar Plus Storage Plants Updated On Fri, Apr 24th, 2020 by Saurenergy 8minute Solar Energy has added 3 GW of large-scale solar projects to its development pipeline this month, for a total of over 18 GW 8minute Solar Energy has announced that the company has added 3 gigawatts (GW) of large-scale solar projects to its development pipeline this month, for a total of over 18 GW—enough to […] Read more
BYD & Hino Alliance to Focus on Commercial EVs Development Updated On Fri, Apr 24th, 2020 by Saurenergy BYD and Hino Motors have announced a new strategic business alliance agreement with a focus on collaborating in commercial battery EVs development. BYD Company Ltd and Hino Motors have announced the signing of a strategic business alliance agreement with a focus on collaborating in commercial battery electric vehicles (EVs) development. The two companies through the […] Read more
150 GW of RE Projects at Risk Due to Coronavirus Updated On Wed, Apr 22nd, 2020 by Saurenergy In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […] Read more
