Radite Energy’s Pawan Pandey Starts Fresh Entrepreneurial Journey Updated On Fri, Mar 13th, 2020 by Saurenergy Pawan Pandey, one of the three co-founders at Radite Energy, an EPC player that has worked with established developers like Azure Power and others, has decided to start afresh with his own startup in the space. The firm was started in 2015 by Pawan and his co-founders. Pandey, who played an instrumental role in the […] Read more
Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm Updated On Thu, Mar 12th, 2020 by Saurenergy EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […] Read more
TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link Updated On Thu, Mar 12th, 2020 by Saurenergy TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […] Read more
India-EU Partnership on Energy Research in RE and Smart Grids Updated On Mon, Mar 9th, 2020 by Saurenergy India-EU Flagship Call for cooperation in energy research and innovation, mainly in renewable energy and its integration in the energy system. India-European Union (EU) Flagship Call on Integrated Local Energy Systems was announced at India Smart Utility Week 2020. This partnership between Indian and the EU will help in Clean Energy and Climate and this […] Read more
Wind Energy – The Struggling Pillar of the European Green Deal: WindEurope Updated On Tue, Mar 3rd, 2020 by Saurenergy Wind is a natural pillar of the European Green Deal, but the sector is struggling and Europe is at risk of losing its global leadership on wind energy. When launching the European Green Deal in December President von der Leyen described it as the EU’s new growth strategy. The Industrial Strategy to be launched by […] Read more
Taaleri Announces Second Close of SolarWind II Fund at EUR 275 Mn Updated On Tue, Mar 3rd, 2020 by Saurenergy The Taaleri SolarWind II fund, held a second closing in February 2020, with approximately EUR 275 million in commitments. The Taaleri SolarWind II fund, the fifth renewable energy fund managed by Taaleri Energia Funds Management, held a second closing in February 2020, with approximately EUR 275 million in commitments. The second-close investors include the European […] Read more
Hindustan Petroleum Sets up 1st EV Charging Station in Vadodara Updated On Fri, Feb 28th, 2020 by Saurenergy Hindustan Petroleum has set up its very first EV charging station in Gujarat at the Karelibag locality in Vadodara. Hindustan Petroleum Corporation Limited (HPCL) has announced that it has set up its very first electric vehicle (EV) charging station in Gujarat at the Karelibag locality in Vadodara. After inaugurating the facility on Thursday, HPCL Director (Marketing) […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
