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
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
India Halfway Through its 175 GW Target: Environment Minister Updated On Tue, Sep 10th, 2019 by Saurenergy Prakash Javadekar has said that India has already achieved half of its renewable energy production target of 175 GW. Union Minister for Environment, Forest and Climate Change, Prakash Javadekar, has said that India has already achieved half of its renewable energy production target for 2022. 175 GW The government plans to achieve 175 GW of […] Read more
IFC Raises $569 mn From 1st Canadian Green Bond Updated On Sat, Sep 7th, 2019 by Saurenergy IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […] Read more
GWEC Predicts 330 GW of new Wind Capacity by 2023 Updated On Sat, Sep 7th, 2019 by Saurenergy The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […] Read more
Modi Wants to see India as Solar Power Battery Hub Updated On Fri, Sep 6th, 2019 by Saurenergy Amid his thrust on renewable energy, PM Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing Amid his thrust on renewable energy, Prime Minister Narendra Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing, which can play a major role in the country’s march towards clean energy. Responding […] Read more
Engie Acquires African Off-Grid Energy Firm Mobisol Updated On Wed, Sep 4th, 2019 by Saurenergy ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […] Read more
Rays Power Infra to Invest Rs 1700 cr to Develop Solar Projects in India Updated On Tue, Sep 3rd, 2019 by Saurenergy Rays Power Infra is set to invest over Rs 1700 crore to develop & construct accumulative of 450 MW solar projects under open access regulations across India Rays Power Infra, a leading solar power company with its presence across India, is set to invest over Rs 1700 crore to develop and construct accumulative of 450 […] Read more
ADB Pledges $12 bn to India’s New Flagship Initiatives Updated On Tue, Sep 3rd, 2019 by Saurenergy ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […] Read more
