EBRD Grants €18 Mn Loan For Kosovo’s First Wind Farm Updated On Fri, Jun 28th, 2019 by Saurenergy EBRD is supporting the wind farm at Kitka in the east of Kosovo with an €18 million loan. Kosovo, which relies for its energy on coal, will benefit from a cleaner, more reliable energy from the first large-scale wind farm in the country. The European Bank for Reconstruction and Development (EBRD) is supporting the wind […] Read more
AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa Updated On Thu, Jun 27th, 2019 by Saurenergy AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […] Read more
ABB Bags Transformer Order for 950 MW Offshore Wind Farm in North Sea Updated On Thu, Jun 27th, 2019 by Saurenergy ABB has won an order from Vestas to supply 100 energy-efficient and compact WindSTAR transformers for installation in an offshore wind farm in the North Sea. Under the project agreement, the ABB transformers will be supplied for Moray Offshore Renewable Power’s Moray East offshore wind project. The wind farm will have a capacity to generate […] Read more
GE Promotes €90 Mn Financing For Phase-II of 200 MW Ukrainian Wind Farm Updated On Thu, Jun 27th, 2019 by Saurenergy GE Capital has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Farm. GE Capital’s Global Capital Advisory business, a unit of GE, has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Electric Plant (Primorsk). The project financing […] Read more
Jobs in Solar – The Untold Story Updated On Tue, Jun 25th, 2019 by Saurenergy In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […] Read more
Maharashtra to Get Floating Solar Plants Worth 500 MW on 4 Dams Updated On Tue, Jun 25th, 2019 by Saurenergy Maharashtra is all set to get floating solar power generation plants in four dams. Maharashtra is all set to get floating solar power generation plants in four dams, state Water Resources Minister Girish Mahajan told the Legislative Council. In a written reply to a question raised by NCP MLC Hemant Takle, Mahajan stated the backwater of Wardha, Bebala, […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Vattenfall Issues its First Green Bond Worth EUR 500 Mn Updated On Sat, Jun 15th, 2019 by Saurenergy In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […] Read more
