LONGi Clarifies: Didn’t End Contracts With Indian Power Developers Updated On Fri, Apr 23rd, 2021 by Saurenergy In response to recent reports suggesting that Chinese PV manufacturer LONGi, among other solar developers, had withdrawn from signed contracts with Indian power developers due to increasing commodity prices, the company issued a clarification stating that this information being passed around was false and that no such contracts had been terminated. The company claims that […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
Green Power, Silicon Ranch Complete Commissioning of 200 MW Solar Portfolio in Georgia Updated On Fri, Mar 19th, 2021 by Saurenergy Clean energy projects stimulate economic activity across the state and provide low-cost, renewable power to Georgia’s Electric Cooperatives Green Power EMC, the renewable energy provider for 38 Georgia Electric Membership Corporations (EMCs), and Silicon Ranch, one of the nation’s largest independent solar power producers and the U.S. solar platform for Shell, today announced the completion […] Read more
Appalachian Power Seeks RE Projects With Option for Battery Storage Updated On Tue, Feb 16th, 2021 by Saurenergy Appalachian Power today issued a Request for Proposals (RFPs) for up to 300 megawatts (MWs) of solar and/or wind generation resources. The request for bids is the first in a series of RFPs Appalachian Power will issue this year to comply with provisions of the Virginia Clean Economy Act (VCEA). Under the VCEA, Appalachian Power […] Read more
Siemens Gamesa Secures Another Order for 100 MW with Hanbaram Wind Power in Vietnam Updated On Tue, Jan 19th, 2021 by Saurenergy Siemens Gamesa and its EPC partner SEPEC-China Energy have secured a 100 MW onshore order with Vietnamese independent power producer Hanbaram Wind Power JSC, a second order following a recent maiden 117 MW order as the local developer expands its renewables portfolio to meet booming national demand. Located in Gia Lai province, the Hung Hai […] Read more
Onward Energy to Create 4 Gigawatt US Power Platform Updated On Wed, Jan 13th, 2021 by Saurenergy U.S.-based independent power producers Novatus Energy and Southwest Generation today announced the completion of a merger of the two companies to create Onward Energy. Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and […] Read more
Broad Reach Power Acquires Montana Wind and Solar Projects Updated On Sat, Dec 19th, 2020 by Saurenergy Broad Reach Power (“Broad Reach”), an independent power producer (IPP) based in Houston which owns a five-gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired a 250-megawatt (MW) wind project and a 250-MW solar project, both located in Montana. “I am […] Read more
sPower Expands New York Portfolio Through 1-Gigawatt Acquisition Updated On Fri, Dec 11th, 2020 by Saurenergy sPower, a leading renewable energy Independent Power Producer (IPP), announced today the acquisition of nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid’s competitive, unregulated division. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to […] Read more
Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October Updated On Mon, Dec 7th, 2020 by Saurenergy Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […] Read more