Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
Is An ‘Andhra Discount’ Coming For Indian Renewables? Updated On Wed, Nov 6th, 2019 by Saurenergy As the Imbroglio over Andhra Pradesh’s effort to renege on its signed PPA’s continues to simmer, the state government is implementing the classic payments squeeze to force firms to come to the negotiating table. Successful or not, this has already damaged India’s credibility with potential and existing investors This week has all about India’s refusal […] Read more
Ørsted Issues Green Bonds Worth $394 mn in Taiwan Updated On Wed, Nov 6th, 2019 by Saurenergy Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […] Read more
Dominion Energy to Add Largest Project to Virginia Solar Fleet Updated On Fri, Nov 1st, 2019 by Saurenergy Further, this solar facility is expected to be operational in 2021 and will provide up to 150 MW clean power. American power and energy company Dominion Energy is adding a 150 MW solar facility in Prince George County, Virginia. Also, this Fort Powhatan solar facility is the Richmond-headquartered company’s largest solar portfolio in Virginia. Further, this solar facility is […] Read more
Adani Gets LOI for Renewables-Linked Transmission Project in Gujarat Updated On Thu, Oct 31st, 2019 by Saurenergy Adani Transmission has received an LOI from REC Transmission Projects to build, own, operate and maintain a transmission project in Gujarat Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, has announced that it has received a letter of intent (LOI) from REC Transmission Projects to build, own, operate and maintain a transmission […] Read more
EDPR Secures 15-Year PPA for 200 MW Californian Solar Project Updated On Wed, Oct 30th, 2019 by Saurenergy EDPR has executed a 15-year Power Purchase Agreement (PPA) to sell the energy produced by its 200 MW solar park in California EDP Renewables (EDPR) has announced that it has through its fully owned subsidiary EDP Renewables North America, has executed a 15-year Power Purchase Agreement (PPA) to sell the energy produced by its 200 […] Read more
Quercus Sells 320 MW of Renewable Assets to Green Arrow Updated On Wed, Oct 30th, 2019 by Saurenergy Green Arrow and Quercus have signed an agreement for the sale of 100 percent of the management company QAS, which holds 320 MW in renewable energy assets Green Arrow Capital (GAC) and Quercus Investment Partners have signed an agreement for the sale of 100 percent of the management company Quercus Assets Selection (QAS), to GAC, […] Read more
Global Solar Tender Activity Down 26 Percent in Q3 of 2019 Updated On Mon, Oct 28th, 2019 by Saurenergy Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26 percent over the last four-quarter average of 427. Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26 percent over the last four-quarter average of 427, according to GlobalData’s power industry tenders database. […] Read more
Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too? Updated On Mon, Oct 28th, 2019 by Saurenergy With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […] Read more
