Scatec Reaches Financial Close on 150 MW Solar Project in Pakistan Updated On Mon, Feb 22nd, 2021 by Saurenergy Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project in Pakistan Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project with a total investment of about USD 100 million. Scatec’s first […] Read more
Wind, Solar Must Grow by 162 & 253 GW for Europe to Meet 2030 Emissions Target: WM Updated On Mon, Feb 22nd, 2021 by Saurenergy A new report details that for Europe to meet the 2030 emissions target, dramatic changes are needed including increased wind and solar installations A new report by Wood Mackenzie details that while the new 2030 emissions target of Europe of seeing a 55 percent reduction over 1990 levels has made it the undisputed global leader […] Read more
Hope Rules Over Policy as PM Modi Harks to 40 GW Rooftop Solar by 2022 Updated On Fri, Feb 19th, 2021 by Saurenergy If there was ever a case of hope triumphing policy for India’s struggling rooftop solar sector, then PM Modi’s statement on the country reaching 40 GW of rooftop solar by 2022 must come as a massive boost. Or maybe the industry is simply smarter than that. For out of the 100 GW solar target for […] Read more
Greece’s Mytilineos Acquires 1.48 GW Solar Portfolio, 21 Battery Storage Projects Updated On Fri, Feb 19th, 2021 by Saurenergy Greece-based industrial conglomerate – Mytilineos has announced it has completed the acquisition of a portfolio of 20 solar farms in progress with a total capacity of 1.48 GW, owned by Egnatia Group, as part of its strategic planning for a significant expansion in Renewable Energy Sources (RES), both in Greece and abroad. The entire portfolio […] Read more
PM Modi to Kick off key Solar and Transmission Projects in Kerala Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala today Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala today (February 19, 2021) via video conferencing. The two big projects are […] Read more
Neoen Wins 81.6 MWp in Solar Projects in France Updated On Thu, Feb 18th, 2021 by Saurenergy Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy is announcing that it has been awarded 81.6 MWp in the call for tenders for ground-mounted solar farms held by the French government (CRE Innovation and CRE 4.9). The 73.6 MWp won in CRE 4.9 is split between five projects, from 3 […] Read more
Canadian Solar Closes Japan Green Infrastructure Fund at $208 Mn Updated On Thu, Feb 18th, 2021 by Saurenergy Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund securing USD 208 million of committed capital Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund (JGIF). Canadian Solar will partner with Macquarie Advisory & Capital Solutions (Macquarie), the advisory and capital markets arm of the Macquarie Group. Macquarie […] Read more
MERC Orders SECI to Compensate MSEDCL for Delayed Solar Projects Updated On Thu, Feb 18th, 2021 by Saurenergy MERC has directed SECI to compensate MSEDCL as per a Power Sale Agreement (PSA) signed between the two entities for delayed solar projects. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has directed the Solar Energy Corporation of India (SECI) to compensate Maharashtra State Electricity Distribution Company Limited (MSEDCL) as per a Power […] Read more
WEC Energy Announces Plan for Wisconsin’s 1st Large-Scale Solar and Storage Project Updated On Wed, Feb 17th, 2021 by Saurenergy WEC Energy Group today proposed plans for a new 310-megawatt (MW) solar and battery storage project. If approved, the Paris Solar-Battery Park in Kenosha County would be the largest facility of its kind in Wisconsin. The facility features 200 MW of solar generation — which is equal to powering 60,000 homes, and 110 MW of battery storage — which […] Read more