SunPower Secures $1 Billion in Solar Plus Storage Financing Updated On Wed, May 6th, 2020 by Saurenergy SunPower has announced that a new USD 1 billion partnership with Tech CU will increase financing options for qualified US residential solar customers. SunPower Corp has announced that a new USD 1 billion partnership with Technology Credit Union (Tech CU) will increase financing options for qualified US residential solar customers. The new partnership will give SunPower access […] Read more
Moody’s Lowers Forecast for Global Green Bonds Issuance due to COVID-19 Updated On Wed, May 6th, 2020 by Saurenergy Moody’s has lowered its forecast for global sustainable (green) bonds issuance this year after economic fallout from the coronavirus outbreak Bond credit rating agency Moody’s has stated that it has lowered its forecast for global sustainable bond issuance this year after economic fallout from the coronavirus outbreak reduced green bonds volumes in the first quarter, […] Read more
Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales Updated On Wed, May 6th, 2020 by Saurenergy Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […] Read more
Spruce Finance Closes $124 Mn Residential Solar Financing Package Updated On Tue, May 5th, 2020 by Saurenergy Spruce Finance has closed a USD 124 million debt financing deal for its portfolio of residential solar PPAs and leases with Vantage and Sequoia Spruce Finance, one of the largest private owner and operator of distributed generation solar and residential energy assets in the US, has closed a USD 124 million debt financing deal for its portfolio of residential […] Read more
SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects Updated On Tue, May 5th, 2020 by Saurenergy SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […] Read more
Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more
Australian Govt Launches A$300 Mn Fund to Finance Hydrogen Projects Updated On Mon, May 4th, 2020 by Saurenergy The Liberal National Government has established the A$300 mn fund to finance projects focused on growing the hydrogen industry in Australia. The Liberal National Government is backing Australia to become a world leader in hydrogen production and exports by establishing the Advancing Hydrogen Fund. The new AUD 300 million fund created by the Government will finance projects […] Read more
Siemens Gamesa Completes Senvion Assets Acquisition Updated On Mon, May 4th, 2020 by Saurenergy Siemens Gamesa has announced the final acquisition of Ria Blades, with which it has now completed the acquisition of select assets from Senvion. Siemens Gamesa Renewable Energy has announced the final acquisition of all shares in Ria Blades, S.A., the business entity which owns and operates the onshore wind turbine blade production plant in Vagos, […] Read more
ENIE Offering to buy Rooftop PV Systems From Dutch Households During Pandemic Updated On Mon, May 4th, 2020 by Saurenergy In the wake of COVID-19, Dutch solar product distributor ENIE is looking to purchase existing solar rooftop systems from customers in need of money. In the wake of the COVID-19 pandemic, Dutch solar PV product distributor ENIE is implementing its ZonneRuilen Program to purchase existing solar rooftop installations. As per the program, the firm is […] Read more
