Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030 Updated On Wed, Aug 14th, 2019 by Saurenergy Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […] Read more
Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund Updated On Tue, May 7th, 2019 by Saurenergy Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […] Read more
World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
Australia’s CEFC Invests $72 Mn in Renewables Fund Updated On Fri, Dec 14th, 2018 by Saurenergy This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […] Read more
RE Invest Aims to Showcase India’s Performance; Subsides Investment Updated On Mon, Oct 8th, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE)’s flagship event, RE Invest, to promote the spread of renewable energy has this time aimed at exchange of ideas between state and private players. Unlike the first RE Invest held in 2015, the second RE Invest has rather chose to showcase India’s achievements in the renewable energy sector […] Read more
GAIL Seeks Shareowners’ Nod to Make Solar Power Plants Updated On Sat, Aug 18th, 2018 by Saurenergy GAIL has sought a nod to play an investor in start-ups and as a developer, in the prolific solar energy market. In order to diversify its portfolio beyond gas and petrochemicals, India’s largest natural gas processing and distribution company, Gas Authority of India (GAIL) has sought its shareholders’ permission to amplify its work profile beyond […] Read more
India to Spend Rs. 3.85 Lakh Crore for 77GW Solar Capacity Target Updated On Fri, Aug 10th, 2018 by Saurenergy Out of the total target of installing 100,000 MW of solar capacity target by 2022, 23,120 MW solar capacities have already been installed till July 2018. Bringing clarity to the parameters of the solar energy target of 100 GW, Indian Government asserted investment of Rs. 3,85,000 crore for setting up pending 77,000 MW of solar […] Read more
Mizoram to Get 100MW Solar Power Plant Updated On Fri, Aug 10th, 2018 by Saurenergy The government has already signed the Memorandum of Understanding (MoU) with Sungevity Enterprises, a solar power service developer, to setup Rs. 630 crore 100MW solar power plant. Under the ‘Magnetic Mizoram Investors Summit’ initiative of New Economic Development Policy (NEDP), Mizoram government is to set up a 100 MW solar power plant in the state. […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
