Making Clean Energy a key Part of Global Economic Recovery: IEA Roundtable Updated On Mon, Apr 27th, 2020 by Saurenergy IEA and the Government of Denmark recently hosted a meeting to discuss the importance of making clean energy a key part of the global economic recovery The International Energy Agency (IEA) and the Government of Denmark recently hosted a high-level roundtable meeting in which government ministers and business leaders from around the world discussed the […] Read more
NLC, SB Energy, ReNew Power Develops Maximum Solar Capacity in FY20 Updated On Thu, Apr 23rd, 2020 by Saurenergy Navratna company NLC, SoftBank-backed SB Energy, and ReNew Power, country’s largest renewable energy IPP, were the leading project developers added maximum solar energy capacity in FY20, as per the research and advisory services firm report. On the state level in solar, Rajasthan added a maximum capacity of 1.8 GW, followed by Tamil Nadu with 1.3 […] Read more
Renewable Energy can Support Resilient and Equitable Recovery: IRENA Updated On Tue, Apr 21st, 2020 by Saurenergy Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, IRENA has revealed. Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, the first Global Renewables Outlook released by the […] Read more
C-PACE Financing Firm Greenworks Raises $150 Mn Committed Capital Updated On Mon, Apr 20th, 2020 by Saurenergy Greenworks Lending, one of the largest providers of C-PACE financing in the US, has announced that it has raised USD 150 million in committed capital Greenworks Lending, one of the largest providers of Commercial Property Assessed Clean Energy (C-PACE) financing in the US, has announced that it has raised USD 150 million in committed capital from Nuveen, the investment […] Read more
BlackRock Raises USD 5.1 Bn for Global Energy & Power Infrastructure Fund III Updated On Thu, Apr 16th, 2020 by Saurenergy BlackRock has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III) BlackRock through its Global Energy & Power Infrastructure Fund (GEPIF) has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III), making it the largest alternative investment fundraise in […] Read more
Sale of Green Certificates Surges 79% by 8.38 Lakh Units in March Updated On Mon, Apr 13th, 2020 by Saurenergy The sale of renewable energy certificates (RECs) increased more than 79 percent to 8.38 lakh units during March 2020 mainly on account of good supply. During the month of March in 2019, 4.68 lakh units of renewable energy certificates were sold, as per the official data. RECs are market-based instruments, and a REC is created […] Read more
Spending to Counteract Covid-19 Creates Opportunity to ‘Tilt to Green’: Report Updated On Thu, Apr 9th, 2020 by Saurenergy The Covid-19 has diverted attention away from global climate change mitigation, however, the European Bank for Reconstruction and Development (EBRD) economists in the latest report says that efforts to counteract the coronavirus create a chance to “tilt to green” the large-scale recovery spending being pledged, making it a key accelerator towards a low-carbon economy. However, […] Read more
Significant Investment Needed to Transform Africa’s Energy System Updated On Fri, Apr 3rd, 2020 by Saurenergy IRENA and UNDP’s Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africa’s energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed […] Read more
Key to Unlocking Immense Potential of India’s Wind Energy: GWEC Updated On Mon, Mar 30th, 2020 by Saurenergy As one of the largest onshore wind markets in the world in installation terms, India is also a primary market for supply, trade and investment opportunities In the global energy transition, India is one of the keystone countries for clean energy growth, coal phaseout and mobilisation of investment to power a low-carbon economy. As one […] Read more