India and Denmark Hold Virtual Summit for Green Partnership Updated On Tue, Sep 29th, 2020 by Saurenergy PM Narendra Modi and Mette Frederiksen, PM of Denmark co-chaired a Virtual Summit between India and Denmark for the signing of a Green Partnership. Narendra Modi, Prime Minister of the Republic of India, and Mette Frederiksen, Prime Minister of the Kingdom of Denmark co-chaired a Virtual Summit between India and Denmark on September 28, 2020, […] Read more
HSBC ‘Green Deposit’ for Corporates Updated On Sat, Sep 26th, 2020 by Saurenergy PRODUCT BRIEF: HSBC has launched its Green Deposit product in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s clients to support greener more sustainable projects. PRODUCT FEATURES: The fixed tenure deposits through the product will go towards financing eligible businesses and projects that promote the […] Read more
Policies for An Atmanirbhar Energy Sector Updated On Fri, Sep 25th, 2020 by Saurenergy As India moves towards a new paradigm of ‘AtmaNirbhar’ Bharat, our energy security is a key component of this new resolve. The Prime Minister has already given pride of place to solar power, describing it as ‘sure, pure and secure’. But there is a lot more to our energy policy that requires a converted effort […] Read more
Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030 Updated On Thu, Sep 24th, 2020 by Saurenergy Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […] Read more
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
Greenbacker Acquires Solar Portfolio and Storage Project in Colorado Updated On Wed, Sep 23rd, 2020 by Saurenergy Greenbacker has purchased the rights to a 29 MWdc / 22 MWac pre-operational solar project in combination with 1.3 MWac of a battery storage project. Greenbacker Renewable Energy Company has announced that, through a wholly-owned subsidiary, it has purchased the rights to a 29 MWdc / 22 MWac pre-operational solar project in combination with 1.3 […] Read more
Verizon Prices Second Green Bond, to Fund Renewable PPAs Updated On Sat, Sep 19th, 2020 by Saurenergy Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first. Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first Green Bond and solidifies its position as a telecommunications industry leader in […] Read more
Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio Updated On Thu, Sep 17th, 2020 by Saurenergy Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […] Read more
Target 2030. New Zealand Ruling Party Promises Early Arrival at 100% Renewable Energy Updated On Mon, Sep 14th, 2020 by Saurenergy Prime Minister Jacinda Ardern’s ruling labour Party in New Zealand has become one of the earliest ‘significant’ economies to promise a transition to 100 percent renewable energy by 2030. The country was earlier committed to reaching the target by 2035. Saying that New Zealand needs stable, sustainable and affordable energy to ensure its future energy […] Read more