ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan Updated On Mon, Sep 16th, 2019 by Saurenergy ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […] Read more
WEF’s Energy Transition Report Presents Two Narratives on Global Electricity System Updated On Fri, Sep 13th, 2019 by Saurenergy The report co-authored by BloombergNEF (BNEF), Carbon Tracker and the Rocky Mountain Institute (RMI) talks about the implications of ‘Gradual’ and ‘Rapid’ energy transition The World Economic Forum released a report ‘The Speed of the Energy Transition’, today, which laid out the implications of a gradual versus a rapid energy transition and also identified the […] Read more
US to add 14.6 GW Wind Capacity in 2020, Setting new Record Updated On Fri, Sep 13th, 2019 by Saurenergy The US wind market will add a record-breaking 14.6 GW of wind capacity in 2020, as wind power developers (WPDs) rush to finish before the phase-out of Production Tax Credit in 2021 A new report has revealed that the US wind market will add 14.6 gigawatts (GW) of capacity in 2020. The record-setting mark underlines […] Read more
SECI Signs PSA’s Worth 930 MW With Multiple State Discoms Updated On Fri, Sep 13th, 2019 by Saurenergy SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […] Read more
IAN Fund Invests Rs 12.4 Crore in Solar Panel Cleaning Solutions Firm Updated On Thu, Sep 12th, 2019 by Saurenergy The IAN Fund has led an investment worth Rs 12.4 crore in Pune-based solar panel cleaning solution startup Nocca Robotics. The IAN Fund, a seed fund worth Rs 375 crore, has led an investment amounting to Rs 12.4 crore in Pune-based solar panel cleaning solution startup Nocca Robotics. The investment also saw participation from prominent […] Read more
EDP Issues EUR 600 Million Green Bond Updated On Thu, Sep 12th, 2019 by Saurenergy EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […] Read more
Neoen to Build Renewable Super Hub in South Australia Updated On Thu, Sep 12th, 2019 by Saurenergy Neoen has unveiled its plans for a massive new renewable super hub in South Australia featuring wind, solar and battery storage facilities. Neoen Australia, a subsidiary of French renewable energy producer Neoen, and the company that operates the world’s largest Lithium-ion battery has unveiled its plans for a massive new renewable super hub in South […] Read more
NLC India Commissions 95 MW Solar Plant in Tamil Nadu Updated On Wed, Sep 11th, 2019 by Saurenergy NLC India has announced that it has successfully commissioned a 95 MW solar plant in Tamil Nadu. State-owned mining and power generating company, NLC India has announced that it has successfully commissioned a 95 MW solar plant in Telangana. In its official filing, the company stated that 95 MW capacity of the 109 MW Solar […] Read more
Ørsted’s Taiwanese Offshore Wind Farm Generates First Power Updated On Wed, Sep 11th, 2019 by Saurenergy Ørsted has announced that the second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind farm, produced first power. Danish wind energy major and the leading offshore wind energy firm in the world, Ørsted has announced that on September 5, 2019, the company’s second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind […] Read more
