ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
Vietnamese Province Green-Lights $35 Million Solar Energy Plant Updated On Thu, May 18th, 2017 by Saurenergy The 30 MW solar energy plant is being developed as a joint venture between local energy companies Song Lam Investment & Construction and Song La Energy JSC, and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Vietnam’s north-central province of Thanh Hoa is set to build a new 30 MW […] Read more
8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline Updated On Wed, May 17th, 2017 by Saurenergy 8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […] Read more
International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects Updated On Wed, May 17th, 2017 by Saurenergy World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […] Read more
Odisha CM seeks intervention of PM for early set up of National Institute of New Energy in the state Updated On Wed, May 17th, 2017 by Saurenergy Odisha government has allocated about 73.86 acres of land free of cost near IIT, Bhubaneswar for the construction of the proposed National Institute of New Energy (NINEI), the Ministry of New and Renewable Energy is yet to take possession of the land and start construction of the building Odisha Chief Minister Naveen Patnaik has sought […] Read more
India moved up to the second spot from third position in renewable energy attractiveness index Updated On Tue, May 16th, 2017 by Saurenergy India continued its upward trend in the index to second position with the government’s programme to build 175 GW in renewable energy generation by 2022 and to have renewable energy account for 40 per cent of installed capacity by 2040. India has moved up to the second spot from third position in this year’s ‘Renewable […] Read more
NTPC Masala Bonds Now Available for Trading on the London Stock Exchange Updated On Tue, May 16th, 2017 by Saurenergy NTPC is one of the first companies to list their recent Masala Bond on London Stock Exchange’s innovative new debt market and is available for trading. This will provide opportunity to access quality investors for meeting the financing needs. India’s state-run NTPC is among the first bonds to list on a new International Securities Market […] Read more
Aurangabad Municipal Corporation to Get Solar Panels on its Rooftop Updated On Tue, May 16th, 2017 by Saurenergy Solar panels will be installed on the rooftop of the main building of Aurangabad Municipal Corporation under the Centre’s Smart City scheme. Power failure disrupting the municipality’s functioning may soon be a thing of the past, as the civic body has decided to tap into solar energy at its main administrative building. D M Mugalikar, […] Read more
Piyush Goyal emphasizes on promoting indigenous solar equipment manufacturing Updated On Fri, May 12th, 2017 by Saurenergy The government’s main thrust would be to promote indigenous manufacturing of high quality solar equipments, Union Power Minister Piyush Goyal said India is looking forward to increase the capacity of renewable energy in the power sector to 225 Giga Watts by 2022, the government’s main thrust would be to promote indigenous manufacturing of high quality […] Read more
