Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments Updated On Fri, Feb 26th, 2021 by Saurenergy Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […] Read more
Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
Total Farms Down 2 Renewable Energy Portfolios in France Updated On Thu, Feb 25th, 2021 by Saurenergy In line with its business model for the development of its renewables business, Total, through Total Quadran – its 100% renewable electricity production subsidiary in France, farms down respectively to Banque des Territoires and Crédit Agricole Assurances half of its equity in two portfolios of renewable projects. Crédit Agricole Assurances acquires a 50% stake in […] Read more
ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
IRENA Report Identifies Policy Measures to Advance Jordan’s Transition to Renewables Updated On Tue, Feb 23rd, 2021 by Saurenergy Renewables readiness assessment report highlights seven key action areas to accelerate the country’s uptake of renewables A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the energy transition towards renewable energy in Jordan. The Renewables Readiness Assessment: The Hashemite Kingdom of […] Read more
Solar now the Leading Source of Renewable Energy in India: MNRE Updated On Tue, Feb 23rd, 2021 by Saurenergy MNRE in its January 2021 report, has detailed that solar, with 38.79 GW installed, is now the leading source of renewable energy in India The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of January 2021, detailing all the events and development that took place during the […] Read more
Fifth Extension for SECI’s EOI for Renewable Solutions in Himalayas Updated On Mon, Feb 22nd, 2021 by Saurenergy SECI issues 5th extension for its call for renewable solutions for meeting energy requirements in remote areas of the Himalayas. The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ technology for meeting energy requirements in […] Read more
Renewable Sector Springs Back to pre-COVID Levels in India: CEEW-CEF Updated On Mon, Feb 22nd, 2021 by Saurenergy The renewable energy sector in India has rebounded to pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, per CEEW-CEF The renewable energy sector in India has rebounded to the pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, according to a new quarterly analysis release by the CEEW-Centre for Energy […] Read more
Renewed US-India Climate Cooperation Should Focus on Driving Foreign Investment to India’s Green Transition Updated On Fri, Feb 19th, 2021 by Saurenergy The United States (US) and India should work together to encourage greater foreign institutional investment in India’s green transition in order to help further progress the global effort to combat climate change, according to a new report from the Center for American Progress and India’s Council on Energy, Environment and Water. The report recommends that […] Read more
