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
Duke Energy Renewables Acquires 200 MW Texas Solar Plant From Canadian Solar Updated On Fri, Sep 13th, 2019 by Saurenergy Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200 MW Rambler solar project in Texas from Canadian Solar. Duke Energy Renewables, a subsidiary of North Carolina-based power utility Duke Energy, is expanding its solar energy portfolio by acquiring the 200 megawatts (MW) / 266 megawatts peak (MWp) Rambler solar project from […] Read more
SECI Signs PSA’s Worth 930 MW With Multiple State Discoms Updated On Fri, Sep 13th, 2019 by Saurenergy SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […] Read more
MNRE Postpones its Flagship Event ‘RE-Invest’ Indefinitely Updated On Fri, Sep 13th, 2019 by Saurenergy MNRE postpones the 3rd Global RE-Invest Meet, which was to be inaugurated by Narendra Modi on October 30. The Ministry of New and Renewable Energy (MNRE) has announced via a notification that it has postponed the 3rd Global Renewable Energy Investors’ (RE-Invest) Meet, which was to be inaugurated by Prime Minister Narendra Modi on October […] Read more
Calcium Instead of Lithium Can Make Better RE Batteries Updated On Thu, Sep 12th, 2019 by Saurenergy A newly synthesized yet cheap chemical could be the answer to manufacture low cost and high power calcium batteries. The advent of renewable energy with its innate unpredictable nature has brought a global need for effective energy storage. This need has so far fuelled the demand for Lithium which can easily be stored, transported to the […] Read more
Volkswagen Unveils Its Affordable Electric Car ID.3 Updated On Thu, Sep 12th, 2019 by Saurenergy The electric car Volkswagen ID.3, which first made an appearance as a concept car in September 2016 at the Paris motor show has come a long way as the parent company is all set to start production of this electric car and launch it next year. The German carmaker and one of the world’s leading […] Read more
EDP Issues EUR 600 Million Green Bond Updated On Thu, Sep 12th, 2019 by Saurenergy EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […] Read more
RE Producers can Move NCLT Against Discoms Over Dues: RK Singh Updated On Wed, Sep 11th, 2019 by Saurenergy Flagging non-payment of dues by Discoms to renewable energy producers, RK Singh has cautioned states that the developers could approach NCLT Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister RK Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of […] Read more
65 GW of European Onshore Turbines Need Upgrade or Replacement by 2028 Updated On Tue, Sep 10th, 2019 by Saurenergy A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028 and will be needing upgrades or replacement A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4 GW of turbines per […] Read more
