Canadian Solar Closes Japan Green Infrastructure Fund at $208 Mn Updated On Thu, Feb 18th, 2021 by Saurenergy Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund securing USD 208 million of committed capital Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund (JGIF). Canadian Solar will partner with Macquarie Advisory & Capital Solutions (Macquarie), the advisory and capital markets arm of the Macquarie Group. Macquarie […] Read more
MERC Orders SECI to Compensate MSEDCL for Delayed Solar Projects Updated On Thu, Feb 18th, 2021 by Saurenergy MERC has directed SECI to compensate MSEDCL as per a Power Sale Agreement (PSA) signed between the two entities for delayed solar projects. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has directed the Solar Energy Corporation of India (SECI) to compensate Maharashtra State Electricity Distribution Company Limited (MSEDCL) as per a Power […] Read more
POWERGRID Wins 2 Transmission Projects in Rajasthan Solar Energy Zone Updated On Thu, Feb 18th, 2021 by Saurenergy POWERGRID to establish two transmission projects for the evacuation of power from the Solar Energy Zones (SEZ) in Rajasthan. POWERGRID, Power Grid Corporation of India (PGCIL), has announced that it has been declared as the successful bidder under Tariff Based Competitive Bidding (TBCB) to establish two transmission projects on a build, own operate and maintain […] Read more
Coal Power may Have Already Passed its Peak, if India Delivers its RE Targets Updated On Wed, Feb 17th, 2021 by Saurenergy An analysis by energy think tank Ember has revealed that coal power has continued to decline in India since reaching a peak in 2018. An analysis by energy think tank Ember has revealed that India’s coal power has continued to decline since reaching a peak in 2018. Coal-fired electricity generation in India fell 5 percent […] Read more
Iberdrola Planning 300 MW Floating Offshore Wind Farm in Spain Updated On Wed, Feb 17th, 2021 by Saurenergy Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, allocating more than EUR 1 billion. Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, to which it would allocate more than EUR 1 billion of investment to commission 300 MW of clean energy […] Read more
ISA’s Special Assembly Elects Dr. Ajay Mathur As New Director General Updated On Tue, Feb 16th, 2021 by Saurenergy The International Solar Alliance (ISA) has announced Dr. Ajay Mathur as its new Director General following his election at the first special assembly, which was held virtually. A confederacy of 73 member countries, ISA was established in late 2015 to facilitate the demand for and use of safe, sustainable, and affordable solar energy for all. […] Read more
Matrix Renewables & Rolwind Sign 1 GW Partnership Agreement in Spain Updated On Tue, Feb 16th, 2021 by Saurenergy Matrix Renewables, a global renewable energy platform created and backed by alternative asset manager TPG and its impact investing platform The Rise Fund, will invest in an initial portfolio of 150 MW made up of three solar PV assets located in Huelva, Spain. These assets, which have the ability to co-locate energy storage, are part […] Read more
Lightsource bp Acquires 845 MW Solar Portfolio in Spain Updated On Tue, Feb 16th, 2021 by Saurenergy Lightsource bp has announced the acquisition of an 845 MW solar portfolio in Spain from Iberia Solar Lightsource bp, a global leader in the development and management of solar energy projects, has announced the acquisition of an 845 megawatt (MW) solar portfolio in Spain from Iberia Solar, a local solar developer and part of the […] Read more
Vestas Appoints Purvin Patel as new Regional President of Asia Pacific Updated On Tue, Feb 16th, 2021 by Saurenergy Vestas has appointed Purvin Patel as Regional President of Asia Pacific, taking over from Clive Turton. To strengthen Vestas’ presence and market position in strategic and fast-growing markets in Asia Pacific and drive operational alignment across the value chain, Vestas has appointed Purvin Patel as Regional President of Asia Pacific. Patel joins Vestas from a […] Read more