CDPQ to Invest USD 1 Billion in Invenergy Renewables Updated On Mon, Dec 21st, 2020 by Saurenergy CDPQ has committed USD 1 billion to Invenergy Renewables, one of the largest developers, owners and operators of RE projects in North America Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has announced a USD 1 billion commitment to Invenergy Renewables, one of the largest private developers, owners and operators of wind and solar […] Read more
NTPC Planning for Renewable InvIT in JV With NIIF Updated On Mon, Dec 21st, 2020 by Saurenergy NTPC is mulling over creating a JV with the central governments’ strategic investment fund NIIF to set up a renewable InvIT. State-owned power giant NTPC Ltd has proposed that it is mulling over creating a joint venture company with the central governments’ strategic investment fund NIIF to set up a renewable infrastructure investment trust (InvIT). As […] Read more
Apex Clean Energy Closes $200 Million Refinancing Updated On Sat, Dec 19th, 2020 by Saurenergy Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on […] 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
“EEG-Novelle”, New Renewable Energy Law For Germany Updated On Sat, Dec 19th, 2020 by Saurenergy The parliament of Germany has approved a draft of the reform of the new renewable energy law called “EEG-Novelle.” With the new provisions, several changes will be introduced for the PV sector. One of the most important ones is the exemption from the payment of the EEG-levy, which is usually applied to all power producers […] Read more
Xcel Energy Brings Up 522-MW Wind Plant in New Mexico Updated On Fri, Dec 18th, 2020 by Saurenergy The U.S. based Xcel Energy Inc. has built the 522-MW Sagamore Wind Plant, switching on its 240 turbines in the state of New Mexico. As the company says, more than USD 900 million has been invested in the wind plant which will be operational before the end of December 2020. Enlighting on the project, David […] Read more
Tata Power one of India’s Most Sustainable Companies According to SLP Updated On Fri, Dec 18th, 2020 by Saurenergy Tata Power has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 according to the annual survey conducted by SLP, France. Tata Power, India’s largest integrated power utility has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 and an A+ rating, according to the annual survey conducted by Sustain Labs […] Read more
South Asia Should Prioritise Sustainable Energy to Accelerate Economic Recovery: SEforALL Updated On Fri, Dec 18th, 2020 by Saurenergy A new guide from SEforALL shows that countries in South Asia should strengthen sustainable energy policies & finance to accelerate their economic recovery As 2020 comes to an end and the world continues to face ongoing challenges from the COVID-19 pandemic, a new guide from Sustainable Energy for All (SEforALL) shows that countries in South […] Read more
Railways Looking to Procure Schedulable Power From Solar & Storage System Updated On Fri, Dec 18th, 2020 by Saurenergy REMCL, a JV of the Indian Railways, has issued an EOI for Pilot Project for procurement of schedulable power from a solar plus storage system. REMCL Ltd, a Joint Venture (JV) company of the Indian Railways and RITES Ltd, has issued an expression of interest (EOI) for its Pilot Project for the procurement of Flexible, […] Read more