Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
MDPs Committed Climate Finance Worth $66 B in 2020: Joint Report Updated On Fri, Jul 2nd, 2021 by Saurenergy According to the recently published 2020 Joint Report on Multilateral Development Banks’ Climate Finance, climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, of which, 58%—or $38 billion—was committed to low- and middle-income economies. The total climate cofinance committed during 2020 […] Read more
Atlas Renewable Energy Wins Accolades in Latin America Updated On Thu, Jul 1st, 2021 by Saurenergy Miami-based Atlas Renewable Energy has been awarded IJGlobal’s 2020 Latin America Sponsor of the Year Award for the company’s contributions to accelerating the region’s transformation to clean energy. In just 2020, the company signed three major financing contracts: Ananuca worth USD 253 Million, Lar do Sol – Casablanca worth USD 150 million and New Juazeiro […] Read more
Crossover Energy Partners Teams Up with KKR for Clean Energy Projects Updated On Thu, Jul 1st, 2021 by Saurenergy Crossover Energy Partners works exclusively as the energy transition solutions partner for KKR. Yesterday the firm that supports renewable energy projects, has announced an exclusive partnership with the leading global investment firm, KKR. Working as the exclusive energy transition solutions partner for KKR, Crossover will oversee the origination, development, financing, construction, and long-term operation of […] Read more
Verdant Microgrid Locks $150 Million Agreement with ClearGen and Blackstone Updated On Fri, Jun 25th, 2021 by Saurenergy Verdant Microgrid, LLC, a leading clean energy development company, announces the completion of a USD 150 million exclusive financing agreement for the development of microgrid projects with ClearGen, LLC, a Blackstone Credit portfolio company. ClearGen, in partnership with Blackstone, works with partners to deliver efficient and reliable energy infrastructure to consumers. Verdant develops, designs, builds, […] Read more
Eneco and Giga Storage Partner to Produce Netherlands’ Largest Battery Updated On Fri, Jun 25th, 2021 by Saurenergy Rotterdam-headquartered energy utility Eneco and battery provider Giga Storage have kicked off the realization of the largest battery in the Netherlands — Giga Buffalo, which will have a capacity of 24 MW/ 48 MWh. The companies say that Giga Buffalo will make it possible to balance supply and demand of electricity with the help of […] Read more
Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report Updated On Mon, Jun 14th, 2021 by Saurenergy Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […] Read more
Scatec Partners With ACME For 900 MW Solar Plant in India Updated On Thu, Jun 3rd, 2021 by Saurenergy Norway headquartered renewable power producer and supplier, Scatec has today announced its partnership with an Indian solar developer ACME, to develop a 900 MW solar power plant in Rajasthan, India. This solar power project includes a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) secured in a tender in 2018. Scatec […] Read more
CWP & Mauritania In MOU to Build Green H2 Plant, but will Citizens Benefit? Updated On Thu, Jun 3rd, 2021 by Saurenergy NSW-headquartered renewable energy developer CWP Global recently announced that it has signed a Memorandum of Understanding (MoU) with the government of Mauritania for the development of a 30GW green hydrogen project. CWP claims that the project, called Aman, will be the world’s biggest renewable energy project, exporting green hydrogen and its derivatives to global markets. […] Read more
