Apex Clean Energy Closes $200 Million Refinancing Updated On Sat, Dec 19th, 2020 by Saurenergy Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on […] Read more
“EEG-Novelle”, New Renewable Energy Law For Germany Updated On Sat, Dec 19th, 2020 by Saurenergy The parliament of Germany has approved a draft of the reform of the new renewable energy law called “EEG-Novelle.” With the new provisions, several changes will be introduced for the PV sector. One of the most important ones is the exemption from the payment of the EEG-levy, which is usually applied to all power producers […] Read more
Gujarat’s Borosil Renewables Raises Rs 200 Crore via QIP Updated On Fri, Dec 18th, 2020 by Saurenergy Borosil Renewables has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP) India’s first and only solar glass manufacturer Borosil Renewables Ltd (BLR) has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP). As per the company’s statement, BRL has successfully completed fundraising of Rs […] Read more
Canadian Solar Completes Sale of 19 MWp Operational Project in Japan Updated On Thu, Dec 17th, 2020 by Saurenergy Canadian Solar has announced that it has completed the sale of Gunma Aramaki, a 19 MWp operational solar power plant in the Yamaguchi Prefecture in Japan for JPY6.8 billion (approximately USD 64 million). Canadian Solar sold its equity stake in the project to several passive investors in Japan and remains the asset manager and provider […] Read more
Haryana’s JC Bose University To Have Solar Energy Plant By April 2021 Updated On Mon, Dec 14th, 2020 by Saurenergy The campus of JC Bose University, Faridabad, Haryana would be operating completely on solar energy by mid-2021, as the institute has signed an agreement with a solar company for the installation of a grid-connected rooftop solar power plant. As a result, the university will completely work on solar energy from April 2021. At SaurEnergy we […] Read more
CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing Updated On Thu, Dec 10th, 2020 by Saurenergy CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […] Read more
Sunnova Closes Securitization of Residential Solar Systems Updated On Mon, Dec 7th, 2020 by Saurenergy Sunnova Energy International, one of the leading U.S. residential solar and storage service providers, announced that it closed its securitization of leases and power purchase agreements on November 30, 2020. “We are pleased to report the closing of our most successful asset backed securitization to date,“ said William J. (John) Berger, Chief Executive Officer of […] Read more
Ørsted Takes FID on 430 MW Solar Project Near Houston Updated On Sat, Dec 5th, 2020 by Saurenergy Ørsted has taken final investment decision on the Old 300 Solar Center, which is located in Fort Bend County, 40 miles from Houston, Texas, and is expected to come online in Q2 2022. Over the past year, Ørsted has significantly increased its solar portfolio and with the addition of Old 300, now has 1.1 GW […] Read more
Sungrow Secures Contract of 90 MW Utility Scale Project in Germany Updated On Fri, Dec 4th, 2020 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, will provide its central and string inverter solutions to Enerparc’s 90 MW project in Gaarz, Northeast of Germany. Sungrow has supplied 21 units of its central inverter SG3125HV and 116 units of the string inverter SG110CX. Accompanying the inverters are the ten 7200kVA MV stations and […] Read more
