EIB Grants €66 mn to Finance Construction of 9 Solar Projects Worth 436 MW Updated On Fri, Dec 13th, 2019 by Saurenergy EIB has signed two major agreements to provide EUR 66 million to Natixis to support the implementation of two solar energy projects in Spain. The European Investment Bank (EIB) has made another investment decision at the ongoing Climate Change Conference (COP 25) in Madrid. The bank has signed two major agreements for promoting renewable energy […] Read more
Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn Updated On Fri, Dec 13th, 2019 by Saurenergy Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […] Read more
Good, But Not Good Enough: Solar Energy Growth in Light of the Paris Agreement Updated On Thu, Dec 12th, 2019 by Saurenergy From December 2-13, UN Secretary-General António Guterres is hosting the UN Climate Change Conference (COP25) in Madrid, where global leaders are discussing their environmental agendas and specifying their nationally determined climate contributions. With solar playing a key role in the decarbonization of the energy sector, it is time for REC Group to take stock of […] Read more
IREDA Deliberating Over $100 mn Green Window for Financing RE Projects Updated On Thu, Dec 12th, 2019 by Saurenergy IREDA is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, a senior official has said. The Indian Renewable Energy Development Agency (IREDA) is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, Ministry of New and Renewable Energy […] Read more
EIB Grants €26 mn for 15 Solar Projects Worth 218 MW in Spain Updated On Wed, Dec 11th, 2019 by Saurenergy EIB has signed an agreement with IM2 Energía Solar to provide EUR 26 million to support the Solar Storm 200 project in Spain The European Investment Bank (EIB) has announced that it has signed an agreement with Spanish multinational IM2 Energía Solar to promote the development of renewable energy in Spain and help meet the EU’s […] Read more
India Assures RE Developers of Pro-Business Policies at COP 25 Updated On Wed, Dec 11th, 2019 by Saurenergy The government of India has assured RE developers that they will be provided with a more business-friendly environment in India The government of India has assured renewable energy (RE) developers that they will be provided with a more business-friendly environment in India with an introduction and better implementation of policies like the payment security mechanism […] Read more
India Calls for Faster Expansion of ISA at COP 25 Updated On Tue, Dec 10th, 2019 by Saurenergy Prakash Javadekar at the COP 25 summit has stressed that more and more countries should join the ISA and that there is a need to speed up this alliance Union Environment Minister Prakash Javadekar stressed on his point that more and more countries should join the International Solar Alliance (ISA) to reduce dependence on fossil fuels to meet their […] Read more
Renewable Energy Ambition in NDCs Must Double by 2030: IRENA Updated On Mon, Dec 9th, 2019 by Saurenergy Countries are being urged to raise renewable energy ambition and adopt targets to transform the global energy system in the next round of NDCs Countries are being urged to significantly raise renewable energy ambition and adopt targets to transform the global energy system in the next round of Nationally Determined Contributions (NDCs), according to a […] Read more
Global EV Battery Market to Reach 40.6 mn Units by 2026 Updated On Mon, Dec 9th, 2019 by Saurenergy A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […] Read more
