IFC Raises $569 mn From 1st Canadian Green Bond Updated On Sat, Sep 7th, 2019 by Saurenergy IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […] Read more
LONGi Shipped Over 2 Billion Mono Wafers in H1 2019, Revenue up 41% Updated On Fri, Sep 6th, 2019 by Saurenergy LONGi Solar has released its H1-2019 report to shareholders, reporting stellar financial results and significant capacity achievements. Xi’an, China headquartered LONGi Solar has released its 2019 semi-annual (H1) report to shareholders, reporting stellar financial results and significant capacity achievements. According to the financial report, the company’s operation revenue in the first six months of the […] Read more
JinkoSolar Announces Quarterly Results, Module Shipments Jump Over 21% Updated On Tue, Sep 3rd, 2019 by Saurenergy JinkoSolar recently announced its financial results for the second quarter of the year, reporting an increase of 21.2 percent in module shipments China-based solar module and panel manufacturer, JinkoSolar recently announced its unaudited financial results for the second quarter of the year, reporting an increase of 21.2 percent in module shipments over the three months. […] Read more
ADB Pledges $12 bn to India’s New Flagship Initiatives Updated On Tue, Sep 3rd, 2019 by Saurenergy ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […] Read more
Bangladesh Gets $185 mn World Bank Financing for Renewable Energy Updated On Sat, Aug 31st, 2019 by Saurenergy The government of Bangladesh has signed a financing agreement with the World Bank to add about 310 MW renewable energy generation capacity The government of Bangladesh has signed a USD 185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and […] Read more
Adani Green Energy Acquires Solar Projects Worth 205 MW From Essel Updated On Fri, Aug 30th, 2019 by Saurenergy Adani Green Energy has announced that it has signed a securities purchase agreement for the acquisition of 205 MW operating solar assets from Essel Adani Green Energy has announced that it has signed a securities purchase agreement for the acquisition of 205 MW operating solar assets of Essel Green Energy Private Limited (EGEPL) and Essel […] Read more
Senvion Enters Final Stages of M&A Process Updated On Fri, Aug 30th, 2019 by Saurenergy Senvion, after receiving several advanced offers for various substantial core parts of its business, is now entering final stages of Merger and Acquisition process. German wind energy major, Senvion has announced that after receiving several advanced offers for various substantial core parts of its business, the company is now entering final stages of the Merger […] Read more
NCLT Approves IL&FS Proposal to Sell 7 Wind Assets Updated On Thu, Aug 29th, 2019 by Saurenergy NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […] Read more
PowerGrid Board Approves Rs 2,578 Cr Investment for Rajasthan Transmission Project Updated On Wed, Aug 28th, 2019 by Saurenergy PowerGrid has announced that its board has approved an investment of Rs 2,578.47 crore for a transmission project for a solar energy zone in Rajasthan. State-run PowerGrid Corporation of India (PGCIL) has announced that its board has approved an investment of Rs 2,578.47 crore for an electricity transmission project for a solar energy zone (SEZ) in Rajasthan. The […] Read more
