EBRD Loans $200 Million to Turkish Renewable Energy Developer Updated On Thu, Apr 20th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
LGIM, NTR Raise €390 Million for Renewables Expansion in Europe Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […] Read more
BPCL Targets 240 MW Renewables Expansion This Fiscal Updated On Thu, Apr 20th, 2023 by Saurenergy Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […] Read more
Enfinity Global Agrees with Statkraft for Supply of 34 GWh Clean Energy Updated On Wed, Apr 19th, 2023 by Saurenergy US-headquartered renewable energy player Enfinity Global Inc. has announced that it has signed a long-term solar power purchase agreement (PPA) with Statkraft for the supply of green energy from 134-MW solar power projects in Italy. The agreement is aimed at commercialization of 34 GWh/year of clean electricity in Italy that complements the closing of additional […] Read more
Climate Trends Report Identifies Challenges For Renewable Energy In Jharkhand Updated On Tue, Apr 18th, 2023 by Saurenergy A recent report by Climate Trends and Ernst and Young LLP released on Tuesday hinted at numerous bottlenecks that the renewable energy sector in Jharkhand is grappling with. It comes when the state has already started planning the energy transition from a coal-dominated region to a less carbon economy. The report said that secondary data hinted that […] Read more
Green Genius, Eiffel Form JV For 500 MW Solar Projects In Italy Updated On Tue, Apr 18th, 2023 by Saurenergy Renewable energy conglomerate Green Genius and newly established fund Eiffel Transition Infrastructure, managed by Eiffel Investment Group, has announced to have set up a joint venture (JV) to develop and build together 500 MW solar park portfolio in Italy. Through this joint-venture, Eiffel will invest initially up to EUR 15 million to support the development […] Read more
CSE Report Hints At The Bottlenecks In India’s Bio-CNG Production Updated On Mon, Apr 17th, 2023 by Saurenergy A recent report by the Centre for Science and Environment (CSE), a New Delhi-based think tank, hinted towards several bottlenecks which are throttling the growth of bio-CNG (a biofuel) in India. The latest study showed that there are problems in the assured takeaway of the bio-CNG produced by the producers, almost no procurement of the biogas fertilizer, […] Read more
SECI Issues Tender For 300MW Ground-Mounted Solar Project At Ramagiri In Andhra Updated On Fri, Apr 14th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender for a 300 Megawatt (MW) AC ground-mounted solar photo voltaic project at Ramagiri in Andhra Pradesh. The tender said the company winning the bid would also have to ensure operations and maintenance for the initial five years. The SECI planned the domestic, competitive bidding […] Read more
