Green Finance Recovery Mechanism Needed in Southeast Asia: ADB Updated On Fri, Oct 9th, 2020 by Saurenergy ADB has urged policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze investments required for climate-adjusted infrastructure in the region by 2030. A new book by the Asian Development Bank (ADB) urges policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze the estimated […] Read more
EBRD to Support Largest Renewable Energy Project in Greece Updated On Thu, Oct 8th, 2020 by Saurenergy Supporting the largest renewable energy project in Greece, EBRD is investing EUR 75 million in the successful Eurobond tap issuance by HELPE. Supporting the largest renewable energy project in Greece and the largest solar energy project in south-eastern Europe to date, the European Bank for Reconstruction and Development (EBRD) is investing EUR 75 million in the successful Eurobond tap […] Read more
Dutch Development Bank FMO Invests $5 Million in Husk Power Updated On Wed, Oct 7th, 2020 by Saurenergy Husk Power Systems has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. Bihar-based Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. The financing was also […] Read more
B’Luru Based GPS Renewables Secures $3 Mn in Funding From Triodos and Caspian Updated On Thu, Oct 1st, 2020 by Saurenergy GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in Series A funding led by Triodos and Caspian. GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in a Series A funding led by the Netherlands based Hivos-Triodos Fund, one of the impact […] Read more
Canadian Solar Raises $260 Mn in Preparation for the Carve-Out IPO Updated On Thu, Oct 1st, 2020 by Saurenergy Canadian Solar has agreed to USD 260 million capital raising for CSI Solar – an important step for it to qualify for the planned carve-out IPO in China Canadian Solar, has announced that it has agreed to an RMB 1.78 billion (approximately USD 260 million) capital raising for its Module and System Solutions (MSS) subsidiary, CSI Solar. […] Read more
Trafigura Forms new Firm to Invest in Renewable Energy Projects Globally Updated On Tue, Sep 29th, 2020 by Saurenergy Trafigura Group has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. […] Read more
NTPC Gets Shareholders’ Nod to Raise Rs 15000 Cr via Bonds Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. The funds are proposed to be raised on a […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
India Offers $100 Mn LOC to Sri Lanka for Three Solar Projects Updated On Sat, Sep 26th, 2020 by Saurenergy India has offered a LOC worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India has offered a Line of Credit (LOC) worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India’s high commissioner to Sri Lanka Gopal Baglay had called on […] Read more
