Swedish Company Exeger Raises USD 38 Million in Debt Financing Updated On Wed, May 12th, 2021 by Saurenergy Sweden’s Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan […] Read more
Suncor and ATCO Partner to Produce Clean Hydrogen in Alberta Updated On Wed, May 12th, 2021 by Saurenergy Two Canadian energy companies, Suncor and ATCO have announced that they will be working together to build a clean hydrogen project near Fort Saskatchewan, Alberta with an estimate to produce 300,000 tonnes of clean hydrogen per year. The clean hydrogen project is in the early stages of developments including design and engineering. This project would […] Read more
Vikram Solar Completes 85 MW Solar Plant for NTPC in Uttar Pradesh Updated On Wed, May 12th, 2021 by Saurenergy Haryana-headquartered solar energy solutions provider Vikram Solar announced today the completion of an 85 MW solar plant project commissioned for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur, Uttar Pradesh. It forms part of the largest solar project in a single location in the state of Uttar Pradesh- with 225 MW capacity- of which […] Read more
EIB Provides €100 million to Dolomiti Energia for Energy Efficiency and Combating Climate Change Updated On Wed, May 12th, 2021 by Saurenergy The European Investment Bank (EIB) and Dolomiti Energia Group have signed a €100 million finance contract to support the company’s 2021-2024 development plan. The investment is in line with Italian and European energy and environment policies for achieving the objectives of the energy transition, decarbonisation and sustainable networks. In particular, the resources will support Dolomiti Energia in projects […] Read more
Macquarie to Sell UK C&I Smart Meter Portfolio to Energy Assets Group Updated On Wed, May 12th, 2021 by Saurenergy Macquarie Specialised and Asset Finance (Macquarie) – part of Macquarie’s Commodities and Global Markets Group – has successfully divested Cortex Metering Solutions (CMS), a UK industrial and commercial (I&C) smart meter portfolio, to Energy Assets Group (Energy Assets). With more than 600,000 meters rented to more than 80 energy suppliers throughout Great Britain (GB), CMS […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
€100 Billion SBI and EIB Climate Action Initiative Launched Updated On Wed, May 12th, 2021 by Saurenergy EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […] Read more
EnBW Financial Results Q1 2021: Earnings Decrease “Temporarily” Updated On Tue, May 11th, 2021 by Saurenergy German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the […] Read more
Renewables Powering Through the Pandemic: IEA Updated On Tue, May 11th, 2021 by Saurenergy Renewable electricity expanded at fastest pace in two decades, with huge additions of solar and wind becoming the ‘new normal’ going forward Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than […] Read more
