GGF Attracts €4 mn in Funding for Climate Action in MENA Updated On Fri, Aug 2nd, 2019 by Saurenergy GGF has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa […] Read more
SLDC to Pay for Irregular Curtailment of Wind, Solar Power Updated On Thu, Aug 1st, 2019 by Saurenergy If any SLDC curtails wind or solar power for any reason other than grid safety or security or as prescribed in respective grid code/ regulation, they shall be liable for making good the loss incurred by the wind or solar power generators towards deemed generation. The Ministry of New & Renewable Energy (MNRE) has issued an […] Read more
IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal Updated On Thu, Aug 1st, 2019 by Saurenergy Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […] Read more
EnBW Launches Green Bonds Worth €1 bn to Fund Clean Energy Projects Updated On Thu, Aug 1st, 2019 by Saurenergy EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion Energie Baden-Württemberg AG (EnBW), a publicly-traded electric utility company headquartered in Karlsruhe, Germany, has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion. Making […] Read more
EBRD Grants €149 Million Loan to Upgrade Ukraine’s Transmission Updated On Thu, Aug 1st, 2019 by Saurenergy European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan for the upgrade of Ukraine’s transmission network The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan to support the upgrade of Ukraine’s transmission network. The investment will help Ukrenergo upgrade […] Read more
Land Acquisition, Infrastructure Still Major Roadblocks for Wind Projects: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Even as amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure remain major roadblocks Even as the amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure will continue to remain major impediments for timely completion of such projects, according to a report. […] Read more
Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Telangana Planning 1 GW Solar Power, one Time Settlement of Power Dues Updated On Thu, Aug 1st, 2019 by Saurenergy The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations and warned that henceforth heads of local bodies will be ‘punished’ for non-payment […] Read more
HSCC Tenders for 10 MW Solar Plant Under RESCO Model at NCI Haryana Updated On Wed, Jul 31st, 2019 by Saurenergy HSCC has issued a tender on behalf of AIIMS for setting up of a 10 MW solar plant at the National Cancer Institute (NCI), Haryana under the RESCO model. The Hospital Consultancy Corporation Ltd. (HSCC) has issued a tender on behalf of the All India Institute for Medical Sciences (AIIMS) for setting up of a […] Read more