MNRE Seeks to Attract Solar Manufacturers with Duty Cushion upto 2023 and beyond Updated On Tue, Sep 24th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) under Minister R.K. Singh has set the stage for yet another round of blame games, by making case for duties on solar equipment imports, once the safeguard duty is over on Mar 31, 2020. The MNRE has recommended to the the Ministry of Finance to bring imports […] Read more
World’s Largest Solar Battery Plant to Come Up in LA Updated On Mon, Sep 23rd, 2019 by Saurenergy 8Minute, the largest independent solar company in the US, is planning to build a massive new facility called Eland Solar & Storage Center for its Los Angeles utility. After rejecting 8Minute’s proposal in August this year, the Los Angeles Department of Water and Power (LADWP) last week approved the 400 MW / 1.2 GWh project […] Read more
After a Slow 2018, IEA Expects 200 GW of RE Additions in 2019 Updated On Sat, Sep 21st, 2019 by Saurenergy After stalling last year, capacity additions of renewable power are set to bounce back with a 12 percent growth rate in 2019 to reach nearly 200 GW, according to the IEA. After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, to reach nearly 200 […] Read more
GE to Integrate 300 MWh Storage Facility With 200 MW Solar Plant in Australia Updated On Fri, Sep 20th, 2019 by Saurenergy GE selected for the supply and integration of one of the largest grid-scale storage technology hybrid deployment in South Australia The Solar River Project and GE Renewable Energy have announced that GE has been selected for the supply and integration of one of the largest grid-scale storage technology hybrid deployment to be installed for the […] Read more
Google Announces Biggest Corporate Purchase of RE, 18 Deals Worth 1600 MW Updated On Fri, Sep 20th, 2019 by Saurenergy Google, which is the world’s largest corporate buyer of renewable energy, has now announced what is the biggest corporate purchase of RE in history. Tech giant Google, which is the world’s largest corporate buyer of renewable energy (RE), has now announced what is the biggest corporate purchase of RE in history. The purchase is made […] Read more
IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects Updated On Tue, Sep 17th, 2019 by Saurenergy Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […] Read more
Siemens Gamesa Begins Negotiations for Senvion’s European Assets Updated On Mon, Sep 16th, 2019 by Saurenergy Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […] Read more
Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan Updated On Mon, Sep 16th, 2019 by Saurenergy EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […] Read more
