Lacuna Raises $50 Mn for Investment in Solar and Storage Development Projects Updated On Thu, Mar 19th, 2020 by Saurenergy Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million for investment in development-stage solar and storage projects. Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million to invest in development-stage solar and storage projects. Lacuna Sustainable Investments is an investment management firm active in the development, financing and monetisation of […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm Updated On Thu, Mar 12th, 2020 by Saurenergy EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […] Read more
Goldman Sachs Forms JV to Develop Distributed Solar Projects Updated On Wed, Mar 11th, 2020 by Saurenergy US -based TELOS Clean Energy has announced the closing of a JV with Goldman Sachs to develop, construct, own, and operate distributed solar power projects. TELOS Clean Energy has announced the closing of a joint venture (JV) with Goldman Sachs’ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The […] Read more
IFC Invests $200 Mn in Africa’s Largest Green Bond Updated On Thu, Mar 5th, 2020 by Saurenergy IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […] Read more
Taaleri Announces Second Close of SolarWind II Fund at EUR 275 Mn Updated On Tue, Mar 3rd, 2020 by Saurenergy The Taaleri SolarWind II fund, held a second closing in February 2020, with approximately EUR 275 million in commitments. The Taaleri SolarWind II fund, the fifth renewable energy fund managed by Taaleri Energia Funds Management, held a second closing in February 2020, with approximately EUR 275 million in commitments. The second-close investors include the European […] Read more
CIM Begins Construction on Proposed 2.7 GW Westlands Solar Park Updated On Tue, Mar 3rd, 2020 by Saurenergy CIM Group begins work on Westlands Solar Park, one of the largest permitted solar parks in the world that could grow to more than 2.7 GW at full buildout The CIM Group has announced that it is advancing the development of Westlands Solar Park (WSP), one of the largest permitted solar parks in the world […] Read more
Made In India. Is Change Coming Soon from China? Updated On Mon, Mar 2nd, 2020 by Saurenergy In the 2020 Union Budget, the Finance Minister made a not so subtle pitch for ‘Assemble In India’, even as the focus on Made in India continued. For India’s solar sector, the issue has never been more urgent, with over 80 percent of equipment imports from China. The Economic Survey, which precedes the budget by […] Read more
GWEC & JWPA Joint Task Force to Drive Offshore Wind Growth in Japan Updated On Fri, Feb 28th, 2020 by Saurenergy GWEC and the Japan Wind Power Association have announced that they have formed a joint Japan Offshore Wind Task Force to drive offshore wind growth in Japan The Global Wind Energy Council (GWEC) and the Japan Wind Power Association (JWPA) have announced that they have formed a joint Japan Offshore Wind Task Force to drive […] Read more
