Siemens to Provide Sustainable and Innovative E-Mobility Solutions in India Updated On Mon, Apr 12th, 2021 by Saurenergy Siemens has signed a Memorandum of Understanding with Switch Mobility Automotive to execute E-Mobility projects in India. Siemens Limited has announced that it has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address the need of electric commercial vehicle customers and execute E-Mobility Projects in India. As per the two […] Read more
New Solar Projects Accelerate Saudi Vision 2030 Updated On Sat, Apr 10th, 2021 by Saurenergy Saudi Arabia is on its way to achieving its ‘Vision 2030’ goal, which aims at diversifying the Kingdom’s economy away from dependence on oil and towards renewable energy. In addition to announcing the opening of the ACWA Power-developed Sakaka solar power plant, Saudi Crown Prince Mohammed Bin Salman also revealed that agreements for 7 new […] Read more
ReNew Power Commits to Achieving Net-Zero Emissions by 2050 Updated On Fri, Apr 9th, 2021 by Saurenergy ReNew Power has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. ReNew Power, one of India’s leading renewable energy companies, has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. A commitment with which the Gurugram headquartered clean energy major stated that it ‘aims to help address the global climate crisis […] Read more
Canadian Solar Starts Construction on 143 MWp of Solar Projects in Japan Updated On Thu, Apr 8th, 2021 by Saurenergy Canadian Solar announced today that it has commenced construction on four solar projects in Japan totaling 143 MWp. This portfolio includes Canadian Solar’s flagship mega-project, the 100 MWp Azuma Kofuji project located in the Fukushima Prefecture, and other projects totaling 43 MWp in the Ibaraki and Hiroshima Prefectures. Azuma Kofuji 100 MWp The Azuma Kofuji project is Canadian Solar’s largest […] Read more
PLI Scheme for Solar Manufacturing Finally Gets Cabinet Approval Updated On Wed, Apr 7th, 2021 by Saurenergy Yet another piece in India’s solar manufacturing ambitions fell into place today with the union cabinet, chaired by Prime Minister Narendra Modi, approving the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of […] Read more
ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen Updated On Tue, Apr 6th, 2021 by Saurenergy ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […] 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
First Solar Completes Sale of 10 GW Solar Project Platform to Leeward Updated On Sat, Apr 3rd, 2021 by Saurenergy First Solar, Inc., announced that it completed the previously announced sale of a utility-scale solar project platform of approximately 10 gigawatts (GW)AC to Leeward Renewable Energy, LLC (“Leeward”), yesterday. As part of Leeward’s acquisition of the US project platform, more than 50 members of the First Solar project development team have joined Leeward. Headquartered in Dallas, Texas, […] Read more
J-POWER USA Starts Work to Convert Retired Coal Facility Into new Solar and Storage Facilities Updated On Sat, Apr 3rd, 2021 by Saurenergy J-POWER USA Development Co., Ltd. (“J-POWER USA“) and funds managed by affiliates of Fortress Investment Group, LLC (“Fortress”) have agreed to jointly pursue development of Birchwood Solar, a 50 MWac solar plant and Birchwood Storage, a 190 MWac, energy storage facility. These projects would convert Birchwood Power, a coal plant which has been in operation since November, 1996 […] Read more
