U-Solar and GMR Ink Deal to Develop Solar Projects Across India Updated On Wed, Feb 21st, 2024 by Saurenergy GMR Green Energy Limited, the renewable arm of the GMR Group, and U-Solar Clean Energy Solutions, a Bengaluru-based solar EPC and RESCO company, have signed a Memorandum of Understanding (MoU) to execute their 250 MWp pipeline of solar projects across multiple states in India within the next 2 years. According to a media release by […] Read more
For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework Updated On Tue, Dec 5th, 2023 by Saurenergy India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […] Read more
Around 54 GW of RE Projects Under-Construction in India: CEA Report Updated On Thu, Jul 13th, 2023 by Saurenergy Month Day, Year by Author via Twitter According to a report on Under Construction Renewable Energy Projects released by the Central Electricity Authority (CEA), India’s installed renewable energy (RE) capacity, excluding large hydro, reached approximately 125.16 GW by the end of March 2023. The report indicates that the country aims to add over 54 […] 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
Greek Developer Mytilineos Secures Funding for 230 MW Solar Projects in Australia Updated On Tue, Jan 17th, 2023 by Saurenergy Greek industrial and energy giant Mytilineos has secured financing of A$234 million for another three solar farms. Mytilineos informed that two solar projects are in Queensland and one in New South Wales. This also marks the final closing of the second of projects pipeline that belong to Mytilineos in Australia. Mytilineos said that the finance […] Read more
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa Updated On Fri, Dec 9th, 2022 by Saurenergy Globeleq, the key partner in the Ikamva Consortium, has said that it has reached legal close on six solar energy projects under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The solar projects total to 450 MW in capacity. Globeleq, the Africa-focused independent power producer (IPP) – is majority partner in the Ikamva […] Read more
EDF Renewables NA Bags Three Solar Contracts From NYSERDA Updated On Thu, May 6th, 2021 by Saurenergy San Diego-headquartered independent power producer EDF Renewables North America announced yesterday that the company was awarded long-term contracts for three solar projects by New York State Energy Research and Development Authority (NYSERDA) as part of the 2020 Renewable Energy Standard Solicitation. Combined, the projects are expected to deliver a total of 303 MW of clean […] Read more
Etrion to Sell 3 Japanese Solar Projects to Japanese Consortium for ~JPY 8.252 Bn Updated On Thu, Apr 1st, 2021 by Saurenergy Etrion Corporation, a solar independent power producer, today announced that Solar Resources Holding Sàrl and Etrion Japan K.K., wholly-owned subsidiaries of the Company, have entered into agreements (the “Transfer Agreements”) to sell their interests in the Company’s 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito operating solar energy projects (collectively the “3 Projects”) […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
