SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects Updated On Fri, Feb 26th, 2021 by Saurenergy SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […] Read more
Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments Updated On Fri, Feb 26th, 2021 by Saurenergy Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […] Read more
Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis Updated On Fri, Feb 26th, 2021 by Saurenergy BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
NOIDA Tenders for 2.6 MW Rooftop Solar Plants Under RESCO Model Updated On Fri, Feb 26th, 2021 by Saurenergy NOIDA has issued a tender for the commissioning of 2.6 MW (ac) rooftop solar plants under RESCO model at pre-identified buildings of NOIDA. New Okhla Industrial Development Authority (NOIDA) has issued a tender, seeking developer(s) for the commissioning of 2.6 MW (ac) rooftop solar plants under RESCO model at pre-identified buildings of NOIDA. The scope […] Read more
Another day Another Extension, SECI Extends 50 MW Solar Tender in Tamil Nadu Updated On Fri, Feb 26th, 2021 by Saurenergy SECI has extended the bid submission deadline for its tender for commissioning of 50 MW solar PV project with land and O&M in Tamil Nadu The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the design, engineering, supply, construction, erection, testing and commissioning of 50 MW (AC) […] Read more
PM Modi Inaugurates & Lays Foundation Stone for Solar Projects in Tamil Nadu Updated On Fri, Feb 26th, 2021 by Saurenergy PM Modi has dedicated to the nation 709 MW solar projects and laid the foundation stone for a 5 MW solar power plant at VOC Port in Tamil Nadu Prime Minister Narendra Modi on February 25, 2021, dedicated to the nation 709 MW Solar Power Projects developed by NLC India in the state of Tamil […] Read more
Meghalaya to Adopt 15% EVs by 2025, Under EV Policy 2021 Updated On Fri, Feb 26th, 2021 by Saurenergy The Transport Department of Meghalaya has released the ‘Meghalaya Electric Vehicle Policy 2021’ to facilitate the adoption of at least 15 percent EVs in the State by 2025. The government has decided to Go Green as it is aiming to add around 20,000 EVs in the State during the policy period. This will save about […] Read more
