Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
Capital Dynamics, 8minute Partner on 400 MW Solar & Storage Centre Updated On Thu, Jan 23rd, 2020 by Saurenergy Capital Dynamics and 8minute Solar Energy have partnered through equity financing and acquisition of the 400 MW Eland Solar & Storage Center in California. Capital Dynamics, an independent global private asset management firm has announced that its Clean Energy Infrastructure (CEI) business has entered into a development partnership with 8minute Solar Energy through the equity […] Read more
Engie to Sell 74% Stake in India Solar Portfolio to Edelweiss Updated On Thu, Jan 23rd, 2020 by Saurenergy Engie has agreed to sell a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity in India to the Edelweiss Infrastructure Yield Plus. Engie and Edelweiss Infrastructure Yield Plus (EIYP) have announced a strategic partnership for the company’s solar assets in India. In line with both Engie’s and EIYP’s strategies, Engie has […] Read more
India Needs $2.64 Tn in Investments to Meet UN SDGs by 2030: Report Updated On Wed, Jan 22nd, 2020 by Saurenergy A new report has revealed that India will need an estimated USD 2.64 trillion in investments to meet the UN SDGs by 2030. A new report has revealed that India will need an estimated USD 2.64 trillion in investments to meet the United Nation’s sustainable development goals (SDGs), offering the private sector an investment opportunity of over […] Read more
What are your key expectations you hope will be addressed in New Year? Updated On Tue, Jan 21st, 2020 by Saurenergy Aspirations of solar industry are also rising in this New Year, as the year gone by was filled with many challenges which resulted into slowing down the speed of growth of the solar industry as compared to the previous years. Here’re some expectations of the industry stakeholders that they wish will be fulfilled in the […] Read more
Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan Updated On Fri, Jan 10th, 2020 by Saurenergy Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […] Read more
IEA Announces Award for 250 MW Wind Project in Illinois Updated On Thu, Jan 9th, 2020 by Saurenergy IEA a leading infrastructure construction company with specialised energy & heavy civil expertise has announced a wind energy project award in Illinois. Infrastructure and Energy Alternatives, (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise has announced a wind energy project award in Illinois. The award is for the construction of […] Read more
BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
Siemens Gamesa Selected for Largest US Offshore Wind Project Updated On Wed, Jan 8th, 2020 by Saurenergy Siemens Gamesa has been named as the preferred turbine supplier for the 2.64 GW Dominion Energy Virginia Offshore Wind project in the US. Siemens Gamesa Renewable Energy (SGRE) has been named as the preferred turbine supplier for the massive 2,640-MW Dominion Energy Virginia Offshore Wind project in the US. This is the largest offshore wind […] Read more