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
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
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC Updated On Thu, Dec 17th, 2020 by Saurenergy The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain. Having the right supply chain strategy is crucial […] Read more
IRENA Offers Recommendations to Accelerate El Salvador’s Energy Transition Updated On Thu, Dec 17th, 2020 by Saurenergy IRENA analysis presents 14 concrete actions that can significantly accelerate the country’s uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations […] Read more
NIPSCO and Capital Dynamics Sign 280 MW Solar Energy Power Purchase Agreement Updated On Thu, Dec 17th, 2020 by Saurenergy Agreement furthers goal of bringing more affordable, cleaner energy to NIPSCO consumers Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc., and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, signed a long-term Power Purchase Agreement (PPA). Under the terms of the PPA, NIPSCO […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Hindustan Coca-Cola Beverages Presses 7 new Renewable Energy Projects Into Service Updated On Tue, Dec 15th, 2020 by Saurenergy Hindustan Coca-Cola Beverages has successfully pressed 7 additional renewable energy (RE) projects into service. Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has announced that it has successfully pressed 7 additional renewable energy (RE) projects into service. Installed in different factories of the company, these projects are designed to source 23.5 million units […] Read more
Haryana’s JC Bose University To Have Solar Energy Plant By April 2021 Updated On Mon, Dec 14th, 2020 by Saurenergy The campus of JC Bose University, Faridabad, Haryana would be operating completely on solar energy by mid-2021, as the institute has signed an agreement with a solar company for the installation of a grid-connected rooftop solar power plant. As a result, the university will completely work on solar energy from April 2021. At SaurEnergy we […] Read more
