IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
Duke Energy Acquires 200 MW Solar Plant in Texas from 8minute Energy Updated On Tue, Jul 23rd, 2019 by Saurenergy Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute solar energy in Nolan County, Texas Duke Energy Renewables, a subsidiary of Duke Energy, is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute Solar Energy. The project, located in Nolan County, Texas, […] Read more
Report Projects India Will Exceed its Paris Agreement Target Updated On Sat, Jul 20th, 2019 by Saurenergy A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, and exceed its Paris Agreement target of 40%. A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including […] Read more
IEA Chief Calls on RK Singh to Discuss Clean Energy Transition Updated On Sat, Jul 20th, 2019 by Saurenergy Dr. Fatih Birol, executive director of IEA called on R K Singh to discuss matters pertaining to the advancements in cleaner energy and transportation. Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA) called on R K Singh, Union Minister of State for Power and New & Renewable Energy (IC) to discuss matters […] Read more
CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility Updated On Fri, Jul 19th, 2019 by Saurenergy CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […] Read more
Georgia Power Gets Approval for 2260 MW RE Projects Updated On Fri, Jul 19th, 2019 by Saurenergy Georgia Power 2019 IRP includes energy storage projects, 2,260 MW more renewable generation by 2024, and approval of its environmental compliance strategy Georgia Power 2019 Integrated Resource Plan (IRP), which was unanimously approved by the Georgia Public Service Commission (PSC), includes energy storage projects, 72 percent (2,260 MW) more renewable (solar, wind and biomass) generation […] Read more
CAG Calls out West Bengal for Failing to Create Green Energy Fund Updated On Thu, Jul 18th, 2019 by Saurenergy West Bengal failed to create a Green Energy Fund under the renewable energy policy of the government, CAG said in its audit report. West Bengal failed to create a Green Energy Fund (GEF) under the renewable energy policy of the government, the CAG has said in its audit report. The responsibility for creation and management of the energy fund was thrust upon the state’s nodal agency, […] Read more
Government Agencies Should Continue to Show Desire for the Commenced Projects: Amruth Puttappa Updated On Thu, Jul 18th, 2019 by Saurenergy Recently, the Indian solar market bounced back from the sluggish year of 2018. With the climate agreement in place and an estimated global investment of $2.8 billion in Q1 2019, there is no doubt that there is a huge scope. We are going through a positive phase. All government bodies are working towards our ambitious […] Read more
KSL Cleantech Planning Rs 200 cr Investment in EV Venture Updated On Mon, Jul 15th, 2019 by Saurenergy KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers through its EV Venture Kolkata-based KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers and expanding manufacturing capacity besides sales and […] Read more