Bright Canyon Energy’s Solar + Storage Project in Seeking Final Approvals in Hawaii Updated On Wed, Jun 3rd, 2020 by Saurenergy Bright Canyon Energy is in the final award group for HECO’s initiative to bring its solar plus storage project to Hawaii. Bright Canyon Energy has announced it is in the final award group for Hawaiian Electric Company’s (HECO) initiative to bring a cleaner energy supply to Hawaii. The firm’s Kūpono Solar plus storage project, located […] 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
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
EDF, Enbridge & wpd Begin Construction at 500 MW Offshore Wind Farm Updated On Tue, Jun 2nd, 2020 by Saurenergy EDF Renewables, Enbridge, and wpd have announced the launch of the 500 MW Fécamp offshore wind farm off the coast of northwest France. EDF Renewables, a subsidiary of the EDF Group, Enbridge, a leading energy infrastructure company in North America, and wpd, a European renewable energy company, have announced the launch of the 500 MW Fécamp offshore wind […] Read more
8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects Updated On Tue, Jun 2nd, 2020 by Saurenergy 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […] Read more
Longroad Energy Selected for 160 MW Solar With 640 MWh BESS in Hawaii Updated On Mon, Jun 1st, 2020 by Saurenergy Longroad Energy has been selected by the Hawaiian Electric Company to begin developing two utility-scale solar and battery storage projects in Hawaii Longroad Energy has been selected by the Hawaiian Electric Company (HECO) to begin developing two utility-scale solar and battery storage projects for completion in 2023 in the state of Hawaii. The two projects […] Read more
IEX Follows PXIL in Launching RTM for Electricity Transactions Updated On Mon, Jun 1st, 2020 by Saurenergy IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […] Read more
Excelsior, Unico Form Partnership to B-O-O 250 MW of Solar Projects Updated On Fri, May 29th, 2020 by Saurenergy Excelsior Energy Capital and Unico Solar Investors have closed on a long-term partnership to build, own and operate a 250 MW pipeline of C&I solar projects Excelsior Energy Capital, a leading independent North American renewable energy investor, and Unico Solar Investors, a solar energy systems developer and investor, have announced the closing of a long-term programmatic joint-venture […] Read more
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more
