Engie Begins Work on Jumbo Hill Wind Project in Texas Updated On Mon, Apr 22nd, 2019 by Saurenergy With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […] Read more
Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale Updated On Thu, Apr 18th, 2019 by Saurenergy Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […] Read more
Starbucks Invests in Solar Energy to Power 360 Stores in Texas Updated On Tue, Apr 16th, 2019 by Saurenergy Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […] Read more
Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027 Updated On Tue, Apr 16th, 2019 by Saurenergy The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […] Read more
Scatec Solar Brings First Part of 400 MW Solar Plant in Egypt Online Updated On Fri, Apr 12th, 2019 by Saurenergy Norway-based Scatec Solar has announced that it has grid-connected and reached commercial operation for 65 MW of its 400 MW Benban project in Egypt. The Benban solar power plant is Scatec Solar’s largest project under construction, and the company is the largest contributor to the 1.5 GW Benban site – the world’s largest solar park. […] Read more
SECI Issues Notification For 7500 MW Leh-Kargil Solar Tender Updated On Fri, Apr 12th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a notification for its 7500 MW ultra mega solar PV projects tender in Leh and Kargil, intimating all prospective bidders regarding site identification and visit. “It is to inform all concerned that SECI had meetings with the Addl. Dy. Commissioner, Leh on 25th March 2019, which […] Read more
Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO Updated On Tue, Apr 9th, 2019 by Saurenergy Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […] Read more
Amazon Announces 3 New Wind Projects for Powering Web Services Updated On Tue, Apr 9th, 2019 by Saurenergy Amazon has committed three new renewable energy projects as part of its long-term goal to power all Amazon Web Services (AWS) global infrastructure with renewable energy. Online retail giant Amazon announced three new renewable energy projects as part of its long-term goal to power all Amazon Web Services (AWS) global infrastructure with renewable energy. Three […] Read more
World Bank Grants $148Mn to Finance Access to Electricity in Mozambique Updated On Thu, Apr 4th, 2019 by Saurenergy The World Bank has approved an $82 million grant to increase access to electricity in five of the poorest provinces of Mozambique, including Niassa, Nampula, Zambezia, Cabo Delgado and Sofala. The project is also supported through a $66 million Multi-Donor Trust Fund administered by the Bank. With the potential to benefit about 1.5 million people, […] Read more
