GGF Attracts €4 mn in Funding for Climate Action in MENA Updated On Fri, Aug 2nd, 2019 by Saurenergy GGF has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa […] Read more
Europe Added 4.9 GW Wind Energy Capacity in First Half of 2019 Updated On Fri, Jul 26th, 2019 by Saurenergy Europe added 4.9 GW of new wind energy capacity in the first half of 2019, but onshore installations were down due to serious issues in Germany Europe added 4.9 GW of new wind energy capacity in the first half of 2019, according to figures released by WindEurope. The combined installations of new onshore and offshore […] Read more
Solarpack Closes Financing on 3 Solar Plants in Spain Updated On Wed, Jul 24th, 2019 by Saurenergy Solarpack has closed the financing of 3 solar plants in Spain for a total of EUR 59 million, with a cumulative module capacity of 112 MW Solarpack has closed the financing of 3 solar photovoltaic plants in Spain for a total of 59 million euros, divided into a VAT financing tranche and a senior Project […] Read more
Iberdrola to Develop 114 MW Wind Project in Spain Updated On Wed, Jul 24th, 2019 by Saurenergy Iberdrola has joined forces with a local credit agency to develop the Buniel wind farm with 114 MW of installed power. Spanish wind major Iberdrola has joined forces with local credit agency Caja Rural de Soria to develop the Buniel wind farm (Burgos) with 114 megawatts (MW) of installed power. The energy company and the […] Read more
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
India Might Miss out on 2030 EVs Target: Ajay Mathur Updated On Thu, Jul 18th, 2019 by Saurenergy EVs could be a better alternative, but the government’s target to switch to them in the next 10 years is hard to achieve, TERI Chief Ajay Mathur said Electric Vehicles (EVs) could be a better alternative to fuel-based automobiles to mitigate air pollution but the government’s target to switch to e-vehicles in the next 10 […] Read more
Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018 Updated On Mon, Jun 17th, 2019 by Saurenergy A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […] Read more
Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
India Finally Investing More in Solar than Coal: IEA Updated On Tue, May 21st, 2019 by Saurenergy Renewable energy investments in India are finally outpacing its expenditure on fossil fuel power generation says IEA The International Energy Agency (IEA) has revealed in a new report on worldwide energy investment that the world’s third-largest emitter of greenhouse gases after China and the United States, and home to more than one-sixth of humanity India […] Read more
