AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
Renewable Certificate Sales Fall 2.25% in October, Down to 6.87 Lakh Updated On Mon, Nov 18th, 2019 by Saurenergy Sales of renewable energy certificates dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago Sales of renewable energy certificates (REC) dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago due to lower supply, […] Read more
LG Chem EV Battery Gigafactory in Poland to be Powered by EBRD Updated On Sat, Nov 16th, 2019 by Saurenergy EBRD has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Poland by LG Chem The European Bank for Reconstruction and Development (EBRD) has announced that it has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Wrocław […] Read more
Iberdrola Commits to 400 MW Solar Pipeline in Extremadura Updated On Sat, Nov 16th, 2019 by Saurenergy Iberdrola has stepped up its commitment to clean energy with new solar capacity worth over 400 MW, which the company is to put into operation in Extremadura Iberdrola has stepped up its commitment to clean energy with new solar photovoltaic (PV) capacity worth over 400 MW, which the company is to put into operation in […] Read more
Azure Power Quarterly Revenue up 28% at $40.3 Million Updated On Sat, Nov 16th, 2019 by Saurenergy Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […] Read more
Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps Updated On Sat, Nov 16th, 2019 by Saurenergy Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […] Read more
Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years Updated On Fri, Nov 15th, 2019 by Saurenergy In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […] Read more
Canadian Solar Partners up for 370 MW Mexico Solar Portfolio Updated On Fri, Nov 15th, 2019 by Saurenergy Canadian Solar has sold 49 percent interest in three solar projects in Mexico totalling 370 MWp to KEPCO and Sprott Korea Canadian Solar, one of the world’s largest solar power companies, has announced that it has sold 49 percent interest in three solar photovoltaic projects in Mexico totalling 370 MWp (294 MWac) to Korea Electric Power Corporation (KEPCO), South Korea’s largest electric […] Read more
Tech Mahindra, Mahindra TEQO Partner to Create Digital Solutions for RE Industry Updated On Fri, Nov 15th, 2019 by Saurenergy Tech Mahindra has announced a partnership with Mahindra TEQO to create digital solutions for the global renewable energy industry. Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has announced a partnership with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create […] Read more
