Capital Dynamics, Sol Systems Finance Renewable Energy Projects Across the US Updated On Tue, Oct 20th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, today announced that the joint venture entitled Sol Customer Solutions between its Clean Energy Infrastructure (CEI) business and Sol Systems, one of the most experienced solar finance and development platforms in the United States, has secured a Distributed Generation (DG) Tax Equity Commitment from Bank of America. […] Read more
Canadian Solar to Provide 75 MW Storage System to the Mustang Solar Project in California Updated On Tue, Oct 20th, 2020 by Saurenergy Canadian Solar has announced that it has closed a supply contract and long term service agreement with Goldman Sachs Renewable Power LLC, part of the Renewable Power Group of Goldman Sachs Asset Management (“Goldman Sachs”), to deliver and integrate a 75 MW / 300 MWh lithium-ion battery storage solution into the 100 MWac Mustang solar […] Read more
Solex Initiates Ground Breaking Ceremony for the Construction of its 1.5 GW PV Module Manufacturing Facility near Surat, Gujarat Updated On Tue, Oct 20th, 2020 by Saurenergy Solex Energy earmarked the commencement of this ambitious 1.5 GW solar module manufacturing facility by breaking ground at its factory site near Surat. A few months ago, Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5 GW. The pandemic and the resulting call for being ‘Atma Nirbhar’ had propelled […] Read more
E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B Updated On Tue, Oct 20th, 2020 by Saurenergy Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […] Read more
Scatec Solar acquires SN Power, building a global leader in RE Updated On Mon, Oct 19th, 2020 by Saurenergy Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […] Read more
AES Gener to add 253 MW RE and 112 MW Storage to the Grid in Chile Updated On Mon, Oct 19th, 2020 by Saurenergy AES Gener is incorporating 253 MW of renewable energy and 112 MW of battery storage into the national electricity system of Chile. AES Gener has announced that it recently held the virtual groundbreaking of the projects, Andes Solar II-B and Campo Lindo. The projects will incorporate four technologies, which will allow the incorporation of 253 […] Read more
EDFR & Geenex Solar Transact on 4.5 GW Solar Development Portfolio Updated On Mon, Oct 19th, 2020 by Saurenergy EDFR North America and Geenex Solar have announced the close of an agreement of up to 4.5 GW pipeline of solar development assets throughout PJM. EDF Renewables (EDFR) North America and Geenex Solar have announced the close of an agreement of up to 4.5 gigawatt (GW) pipeline of solar development assets throughout PJM. The pipeline […] Read more
Metropolitan to Optimize Solar Energy With Battery Storage Systems Updated On Mon, Oct 19th, 2020 by Saurenergy The Metropolitan Water District of Southern California is preparing to build four new battery energy storage systems that will boost the district’s energy resilience and cut operational costs by optimizing solar power and reducing peak load at its facilities. The agency’s board of directors Tuesday voted to authorize $2.2 million to design the battery systems […] Read more
State Commission to Conduct Hearing on Mumbai Power Outage on Oct 21 Updated On Mon, Oct 19th, 2020 by Saurenergy MERC will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The reasons for the rare citywide power outage will be discussed. The Maharashtra Electricity Regulatory Commission (MERC) has said that it will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The […] Read more
