Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […] Read more
Ather Energy to set up new EV Manufacturing Plant in Tamil Nadu Updated On Mon, Dec 2nd, 2019 by Saurenergy Ather Energy has signed an MoU with the Tamil Nadu government for a 4 lakh square feet electric vehicle manufacturing facility Bengaluru-based EV startup Ather Energy has announced that it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for a 4 lakh square feet electric vehicle (EV) manufacturing facility. The startup […] Read more
Eastern Railways Sets Ambitious Solar Energy Generation Target for 2020 Updated On Sat, Nov 23rd, 2019 by Saurenergy The Eastern Railways has informed that the organisation has set an ambitious plan to generate nearly 300 million watts of solar energy by 2020. In an effort to minimise carbon footprint and contribute towards a reduction in global warming, the Eastern Railways (ER) has informed that the organisation has set an ambitious plan to generate […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019 Updated On Fri, Nov 15th, 2019 by Saurenergy Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […] Read more
Greenlight Planet Joins Orange in Commitment Towards Energy Transition in Africa Updated On Thu, Nov 14th, 2019 by Saurenergy Greenlight Planet and Orange have partnered to provide Orange’s customers with access to clean energy solutions to several nations in Africa Greenlight Planet, the largest solar pay-as-you-go provider in Africa, and Orange, one of the world’s leading telecommunications operators, have announced a partnership that aims to provide Orange’s customers with access to clean energy solutions […] Read more
Global Wind Energy Market to Reach $124.6 bn by 2030 Updated On Wed, Nov 13th, 2019 by Saurenergy Significant capacity additions in the APAC region are expected to increase the market size of the global wind energy market to USD 124.6 billion by 2030 The global wind energy market size increased from USD 71.6 billion in 2010 to USD 96.4 billion in 2018. During the 2019–2030 forecast period, significant capacity additions in the […] Read more
Tata Power-DDL Gets ‘Innovation with Impact’ Award during India Energy Summit Updated On Fri, Nov 8th, 2019 by Saurenergy The winners have been selected by the committee after assessing the performance of distribution utilities on parameters w.r.t. quality of services being delivered to the end customers. Tata Power Delhi Distribution Ltd (Tata Power-DDL), a distribution arm of utility giant Tata Power, has won the 7th ‘Innovation with Impact’ award under the category – ‘Quality of […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
