Iberdrola Acquires French Renewables Firm Aalto Power for €100 Mn Updated On Fri, May 8th, 2020 by Saurenergy Iberdrola has signed an agreement for the acquisition of the French renewable energy company Aalto Power for 100 million euros. Spanish multinational electric utility Iberdrola has announced that it has signed an agreement for the acquisition of the French renewable energy company Aalto Power, which is owned by Aiolos and Caisse des Dépôts et Consignations, for […] Read more
kWh Analytics Closes a Solar Revenue Put with Capital Dynamics and More Updated On Fri, May 8th, 2020 by Saurenergy kWh Analytics, a solar risk management firm, has structured a ‘Solar Revenue Put’ as part of the refinancing of a 173 MW PV facility in California kWh Analytics, a market leader in solar risk management, has announced that it has structured a ‘Solar Revenue Put’ as part of the refinancing of the 173 MW DC […] Read more
Uber Leads $170 Mn Investment in Electric Scooter Rental Firm Lime Updated On Fri, May 8th, 2020 by Saurenergy Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber and Alphabet Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber. Other investors include Alphabet, its venture capital arm GV, […] Read more
Wind Power Will be a key Building Block for Economic Recovery: Industry Updated On Fri, May 8th, 2020 by Saurenergy Corporates and wind associations have released a statement highlighting wind power’s role in the global economic recovery following the COVID-19 crisis The Global Wind Energy Council (GWEC) along with key signatories representing all the major wind industry corporates and associations across the world have released a statement highlighting wind power’s role in the global economic […] Read more
Top 10 Rooftop Solar States by Installed Capacity in India Updated On Thu, May 7th, 2020 by Saurenergy India has set one of the world’s most ambitious targets of 175 gigawatts (GW) for renewable energy capacity addition by 2022, including 100 GW for solar, 60 GW for wind, 10 GW for bioenergy and 5 GW for small hydro-power. Out of the solar’s 100 GW capacity, 40 GW will come from rooftop solar and […] Read more
Tender Issued for Supply of Solar High Mast Lights at NTPC Vindhyachal Updated On Thu, May 7th, 2020 by Saurenergy State-owned NTPC, India’s largest energy conglomerate, has floated tender inviting eligible bidders for supply, erection and commissioning of solar high mast light in AWRS area at NTPC’s Vindhyachal Super Thermal Power Station. The bidding will be done through e-tendering (in single-stage and two envelope mode) without reverse auction. The cost of tender is Rs 1,328 […] Read more
SolarEdge Posts Record Revenue at $431.2 Mn in Q1; Driven by Solar Biz Updated On Thu, May 7th, 2020 by Saurenergy Israel-based smart energy technology specialist, SolarEdge Technologies (SolarEdge) has reported its robust total revenue jumped by 59 percent at USD 431.2 million in the first quarter of 2020 from USD 271.9 million last year, mainly on account of record revenue from the solar business. Moreover, it’s net diluted earnings per share (EPS) during the quarter […] Read more
EDPR Secures 15-Year PPA for 100 MW New California Solar Park Updated On Thu, May 7th, 2020 by Saurenergy EDPR through and Redwood Coast Energy Authority have executed a 15-year PPA for 100 MW for the Sandrini Sol 1 Solar Park in Kern County, California. EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America, and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement (PPA) for 100 […] Read more
Mizoram Looking to Sell its Surplus Non-Solar Renewable Power on Short-Term Basis Updated On Thu, May 7th, 2020 by Saurenergy The Power & Electricity Department of Mizoram is looking to sell its surplus renewable power (non-solar) for the period July 22, 2020, to December 31, 2020. The Power & Electricity Department of Mizoram (PEDM) has issued a Notice Inviting Tenders (NIT) for the sale of its surplus renewable power (non-solar) for the period from July […] Read more
