Ørsted Secures Funding for Renewable Hydrogen Project Updated On Sat, Dec 21st, 2019 by Saurenergy Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […] Read more
Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares Updated On Fri, Dec 20th, 2019 by Saurenergy Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […] Read more
SBI Nominee Rakesh Sharma Takes Over as Suzlon Energy Director Updated On Fri, Dec 20th, 2019 by Saurenergy Suzlon Energy has notified that it has appointed SBI nominee Rakesh Sharm as the company’s nominee director. Suzlon Energy has notified that it has appointed the State Bank of India (SBI) nominee Rakesh Sharm as the company’s nominee director. The appointment has also been approved by the company’s board of directors. “Rakesh Sharma, the nominee […] Read more
Vivint Solar Closes $200 mn Revolving Asset-Based Facility Updated On Thu, Dec 19th, 2019 by Saurenergy Vivint Solar has announced that it has closed a USD 200 million revolving asset-based loan facility, to help fund the company’s continued growth in 2020 Vivint Solar has announced that it has closed a USD 200 million revolving asset-based loan facility. The firm has announced that the facility will help fund the company’s continued growth […] Read more
AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey Updated On Wed, Dec 18th, 2019 by Saurenergy A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […] Read more
AIIB Invests $46.7 mn in 100 MW Wind Farm in Kazakhstan Updated On Wed, Dec 18th, 2019 by Saurenergy AIIB has approved a USD 46.7-million loan for the construction and operation of a 100-megawatt (MW) wind power plant in southern Kazakhstan. The Asian Infrastructure Investment Bank (AIIB) has announced that its board has approved a USD 46.7-million loan for the construction and operation of a 100-megawatt (MW) wind power plant in southern Kazakhstan which, […] Read more
Azure Power’s $75 mn Private Placement Successfully Completed Updated On Tue, Dec 17th, 2019 by Saurenergy Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […] Read more
Adani Green Energy’s $362.5 mn Green Bonds Attracts Strong Interest Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Green Energy’s green bonds worth USD 362.5m became India’s 1st investment-grade offering from the nation’s renewable energy sector to global investors. The Adani Group’s aggressive moves in the dollar bond market have led to amplified interest for foreign investors in the Indian renewable energy space. Recently, amortising green bonds worth USD 362.5m issued by […] Read more
Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
