USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California Updated On Thu, Jan 12th, 2023 by Saurenergy Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […] Read more
US Based Primergy Solar Secures $200 Mn Credit Facility from Rabobank Updated On Tue, Dec 27th, 2022 by Saurenergy Oakland-California based solar energy and storage conglomerate Primergy Solar, has closed a $75 million revolving credit facility with Rabobank with the option to increase up to $200 million. Primergy held that the credit facility will be used to support a growing development pipeline of solar and solar+storage projects across the USA. The company’s near-term portfolio […] Read more
Will A New Solar Policy Power Up Uttar Pradesh? Updated On Thu, Dec 22nd, 2022 by Saurenergy The Uttar Pradesh Government has come up with a new ‘Uttar Pradesh Solar Energy Policy 2022’ that aims to add 22-GW of solar power in the coming five years. It looks to attract an investment of Rs 40,000 cr in the solar sector in particular. The state wants to tap 14,000 MW through solar parks, […] Read more
Servotech and NSEFI Signs Contract to Install a Solar-Powered EV Charging Carport Updated On Wed, Dec 14th, 2022 by Saurenergy To complete the development of a solar-powered, EV charger-enabled carport as part of a pilot demonstration, NSE-listed Servotech Power Systems Limited has struck an agreement with the National Solar Energy Federation of India (NSEFI), one of the leading solar bodies of India. With the aid of this pilot project, NSEFI has given Servotech a platform […] Read more
RECPDCL Floats Tender for 500 MW of ISTS-Connected Solar Projects Updated On Fri, Dec 2nd, 2022 by Saurenergy REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the country. By combining thermal or hydroelectric with renewable energy and storage, the projects seek to maintain flexibility in their generation and scheduling. The last date for […] Read more
NREL Confirms Spike In Solar and Storage Costs In US Updated On Fri, Dec 2nd, 2022 by Saurenergy The National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […] Read more
As Solar Spreads Out, Marketing Makes an Entrance Updated On Tue, Nov 29th, 2022 by Saurenergy Just over 30 months ago, SaurEnergy did a feature on rooftop solar, “Residential Solar. Market Yes, But Marketing?” That story, in our April 2020 issue talked about the potential in the rooftop solar category, albeit, residential. But there was almost complete lack of formal marketing tactics from firms to attract customers. The few firms with […] Read more
The Curious Case of Switching Off Rooftop Solar And Pleading For Power Consumption In South Australia Updated On Mon, Nov 21st, 2022 by Saurenergy In the past week, South Australia has seen the apparently curious situation of the national grid operator switching off itself, or asking owners to switch off rooftop solar systems in the state, even while requesting them to increase demand by switching on more appliances and other power hungry equipments. This apparent dichotomy is easily explained, […] Read more
152 MW Wind Project of rPlus Energies Acquired by Clearway Updated On Fri, Nov 18th, 2022 by Saurenergy In late 2021, rPlus Energies sold its interest in the approximately 152 MW ‘Cedar Creek Wind’ project to Clearway Energy Group. This announcement follows Clearway’s recent statement that it has signed a long-term power purchase agreement (PPA) between Cedar Creek Wind and PacifiCorp. Clearway is one of the largest renewable energy players in the USA. […] Read more
