Goa CM Mulls Over Renewable Energy Expansion to 80 MW to Solarize Panaji Updated On Mon, Mar 20th, 2023 by Saurenergy The state of Goa requires producing 80 MW of renewable energy that may help the state government to make Panaji a solar city. This also needs to be substantiated with the efforts on the part of the people of Goa by installing more and more solar panels, believes Chief Minister of Goa, Pramod Sawant. Out […] Read more
Amarenco Acquires 204 MW Spanish Solar Project from Hanwha Energy Updated On Thu, Mar 16th, 2023 by Saurenergy South Korean energy giant Hanwha Energy has announced that it has sold a 204 MW solar power project that was being developed in Spain to Amarenco. Hanwha has not disclosed the financial details of the deal. Amarenco is an Ireland-based independent power producer (PPA). The solar energy project that is sold by Hanwha Energy was […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
USA’s Renewable Energy Firm Leeward Secures $180 Million for 200 MW Solar Project Updated On Thu, Mar 16th, 2023 by Saurenergy USA-based renewable energy firm Leeward Renewable Energy has announced the close of about $75 million in construction to term financing from MUFG Bank and about $105 million tax equity commitment from Wells Fargo for the Horizon Solar Facility located in Texas. Leeward said that Mitsubishi UFJ Financial Group (MUFG) served as the green loan structuring […] Read more
Google Signs Agreement with Sol Systems for Solar Energy at its Campuses Updated On Fri, Mar 10th, 2023 by Saurenergy American multinational technology firm Google has signed a pact with US solar energy firm Sol Systems to help power up its campuses in North and South Carolina with solar energy. The statement called the pact a “unique renewable energy procurement and investment strategy” facilitating the development of new solar energy projects that also help provide […] Read more
Origis Energy Announces $750 Million for Solar, Storage Pipeline in USA Updated On Fri, Mar 10th, 2023 by Saurenergy In a key development that would further USA’s renewable energy ambitions, renewable energy platforms Origis Energy has announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million. Miami-headquartered Origis Energy said that with enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar […] Read more
Duke Energy Operationalises 250 MW Solar Project in Texas Updated On Thu, Mar 9th, 2023 by Saurenergy USA-based Duke Energy Sustainable Solutions (DESS) has operationalised its largest solar power plant ever – the 250 MW Pisgah Ridge Solar project in Navarro County, Texas. Charles River Laboratories International has signed a virtual power purchase agreement (VPPA) for 102 MW of the project over the next 15 years. This commitment will address the entirety […] Read more
Oman to Award Solar Energy Projects of $777 Mn for Country’s Largest Solar Panel Project Updated On Tue, Mar 7th, 2023 by Saurenergy Oman Power and Water Procurement Company (OPWP), responsible for purchasing power and water for all IPP/IWPP projects within the Sultanate of Oman, will soon award solar energy projects to international investors. These projects are worth $777 million and have secured approvals from the Authority for Public Services Regulation (APSR)- which looks after electrcitiy regulation. The […] Read more
EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany Updated On Wed, Mar 1st, 2023 by Saurenergy Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […] Read more
