JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives Updated On Wed, Feb 26th, 2020 by Saurenergy JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […] Read more
RE Buyers Alliance Announces Top 10 US Large Energy Buyers in 2019 Updated On Fri, Feb 7th, 2020 by Saurenergy The Renewable Energy Buyers Alliance has announced the release of its Deal Tracker highlighting 2019’s Top 10 Large Energy Buyers, topped by Facebook. The Renewable Energy Buyers Alliance (REBA), has announced the release of its Deal Tracker highlighting 2019’s Top 10 Large Energy Buyers, topped by Facebook with the procurement of 1.546 gigawatts (GW). The REBA Deal Tracker showcases total procurement […] Read more
Orix Corporation to Issue its First Green Bond in Japan Updated On Tue, Jan 28th, 2020 by Saurenergy The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. Green bonds are bonds issued by companies to finance green projects (such as […] Read more
Need Transmission Infrastructure to Support Clean Energy Goals: Report Updated On Thu, Jan 16th, 2020 by Saurenergy A new report has highlighted that without strategic expansion of transmission infrastructure, the ability to meet clean energy goals may be in jeopardy. A new report by WIRES, the international trade association that promotes investment in all aspects of the high voltage grid, highlights the concerns that without strategic and timely expansion of transmission infrastructure, the […] Read more
Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF Updated On Fri, Jan 10th, 2020 by Saurenergy A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […] Read more
BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019 Updated On Sat, Jan 4th, 2020 by Saurenergy Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […] Read more
Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital Updated On Sat, Dec 7th, 2019 by Saurenergy Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […] Read more
100% Renewables, Beyond the Grid – Aspiration or Destination? : Survey Updated On Thu, Oct 3rd, 2019 by Saurenergy In August 2019, Deloitte surveyed 308 executives across multiple industries in the private and public sectors to understand these organizations’ paths in the transition to renewables, their goals and procurement strategies and the challenges they face. Driven by economic incentives and mounting external pressures for organizations to decarbonise their energy supply, the renewable energy transition […] Read more
