TANGEDCO Tenders for 500 MW Solar Projects Under KUSUM Scheme in TN Updated On Wed, Feb 3rd, 2021 by Saurenergy TANGEDCO has tendered for 1 MW to 2 MW solar projects for a cumulative 500 MW capacity under Component- A of the PM KUSUM scheme in Tamil Nadu. The Tamil Nadu Generation and Distribution Company (TANGEDCO) has issued a tender, seeking bids from eligible bidders for setting up of solar power projects of capacity 1 […] Read more
Lightsource bp Signs Power Contract With Verizon for 152.5 Megawatt Solar Farm in Indiana Updated On Fri, Jan 29th, 2021 by Saurenergy Lightsource bp today announced that it has entered into a virtual power purchase agreement (VPPA) with Verizon Communications Inc. that will enable construction of a new 152.5 megawatt ac solar farm in Indiana, furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035. The Bellflower solar farm, located about […] Read more
Cordelio Power Sells 49% Stake in Ontario Renewable Power Portfolio to Axium Infrastructure Updated On Wed, Jan 13th, 2021 by Saurenergy Cordelio Power (“Cordelio”) and Axium Infrastructure (“Axium”) are pleased to announce that Axium has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW “Denfield” portfolio includes four wind projects and two solar projects located in southwestern Ontario. Cordelio will continue to manage the Denfield assets for the newly formed partnership. “We’re excited to partner and share best […] Read more
Grenergy Renovables S.A. and Natixis Close Solar PV Portfolio Financing in Chile Updated On Tue, Jan 12th, 2021 by Saurenergy Grenergy Renovables S.A. (“Grenergy”), with Natixis as Sole Lead Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed senior secured facilities totaling US $91 million for an expected 130 MWp portfolio of 14 solar photovoltaic (“PV”) plants in Chile. This marks Natixis’ first transaction with Grenergy and was fully underwritten by Natixis. The Grenergy portfolio […] Read more
Canadian Solar Sells Two Solar Projects to BluEarth Renewables Updated On Wed, Jan 6th, 2021 by Saurenergy Canadian Solar has announced it has sold ownership interest in its Hays and Jenner solar projects to BluEarth Renewables. BluEarth will also assume the management responsibilities of the projects. Located in southeast Alberta, both projects are 31 MWp (23 MWAC) in size. The projects are co-owned by Conklin Métis Local 193, an indigenous community-based in the rural hamlet […] Read more
Broad Reach Power Acquires Montana Wind and Solar Projects Updated On Sat, Dec 19th, 2020 by Saurenergy Broad Reach Power (“Broad Reach”), an independent power producer (IPP) based in Houston which owns a five-gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired a 250-megawatt (MW) wind project and a 250-MW solar project, both located in Montana. “I am […] Read more
CM Mamata Banerjee Lauds Eco Friendly Approach In Bengal Updated On Tue, Dec 15th, 2020 by Saurenergy In a tweet yesterday, Chief Minister of West Bengal Mamta Banerjee claimed that Bengal has been the pioneer state in introducing environment-friendly transportation on such a large scale. “With environment-friendly electric bus and CNG bus service, Kolkata has also bagged international C40 Award for electric transportation system”, Mamata wrote. Today is National Energy Conservation Day. […] Read more
sPower Expands New York Portfolio Through 1-Gigawatt Acquisition Updated On Fri, Dec 11th, 2020 by Saurenergy sPower, a leading renewable energy Independent Power Producer (IPP), announced today the acquisition of nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid’s competitive, unregulated division. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to […] 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
