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
E.ON and RWE Complete Renewable Power Supply Agreement Updated On Thu, Nov 14th, 2019 by Saurenergy E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms amounting to nearly 892 MW E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting […] Read more
GE Renewable Energy to Build 715 MW Wind Farm in China Updated On Mon, Nov 11th, 2019 by Saurenergy GE Renewable Energy and China Huaneng Group have signed an agreement to build a 715 MW wind farm in China. GE Renewable Energy and China Huaneng Group have signed an agreement at the China International Import Expo (CIIE) to build a 715 MW wind farm in Puyang, Henan Province, China. This record deal represents GE’s […] Read more
Renewables to Deliver Europe’s 2030 Climate Energy Goals Updated On Fri, Nov 8th, 2019 by Saurenergy If member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030 If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030, and the continent is on track […] Read more
McDonald’s Signs its First Large Scale Renewable PPA Updated On Fri, Nov 8th, 2019 by Saurenergy McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […] Read more
Cabinet Gives its Approval for Renewable Pact Signed With Guinea Updated On Thu, Nov 7th, 2019 by Saurenergy The Union Cabinet has given its approval to a pact signed between India and Guinea in the field of renewable energy. The Union Cabinet on November 6, 2019, gave ex-post facto approval to a pact signed between India and Guinea in the field of renewable energy. “The Union Cabinet chaired by Prime Minister Narendra Modi has given approval for the MoU (memorandum of […] Read more
Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
Is An ‘Andhra Discount’ Coming For Indian Renewables? Updated On Wed, Nov 6th, 2019 by Saurenergy As the Imbroglio over Andhra Pradesh’s effort to renege on its signed PPA’s continues to simmer, the state government is implementing the classic payments squeeze to force firms to come to the negotiating table. Successful or not, this has already damaged India’s credibility with potential and existing investors This week has all about India’s refusal […] Read more
