Yellow Door Energy Signs two Agreements With Saudi Arabia’s APICORP Updated On Thu, Jan 30th, 2020 by Saurenergy Yellow Door Energy will install solar panels at APICORP’s headquarters in Dammam and retrofit the building with energy-efficient technologies. In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, have announced that it signed two agreements with Yellow Door Energy (YDE), a […] Read more
Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn Updated On Wed, Jan 29th, 2020 by Saurenergy Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […] Read more
WEC Energy to Acquire 80% Stake in 250 MW Blooming Grove Wind Farm Updated On Tue, Jan 28th, 2020 by Saurenergy The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The project is being developed in McLean County, Illinois […] Read more
Madhya Pradesh Secures Rs 4000 Cr in Investments for 2 Wind Projects Updated On Sat, Jan 25th, 2020 by Saurenergy Madhya Pradesh gained significantly at Davos, with investors promising to invest Rs 4000 crore for the development of two wind energy projects in the state. Madhya Pradesh gained significantly at Davos, where the World Economic Forum (WEF) is holding its annual meet, with investors promising to invest Rs 4,125 crore, of which Rs 4000 crore has been promised […] Read more
EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India Updated On Thu, Jan 23rd, 2020 by Saurenergy The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […] Read more
Wind Energy Crucial for Europe’s ‘Carbon Neutral by 2050’ Target Updated On Thu, Jan 23rd, 2020 by Saurenergy The EU recently announced measures towards being carbon neutral by 2050, and Wind is expected to play a crucial role in achieving that target The European Union (EU), whose 28 members collectively account for the world’s third-largest emitter of greenhouse gases after China and the US, further strengthened its long-term commitment by announcing the Sustainable […] Read more
CIT Secures $200 Mn for Clearway Solar Energy’s 76 MW Portfolio Updated On Wed, Jan 22nd, 2020 by Saurenergy New York Headquartered bank holding company CIT Group’s Power and Energy arm arranged about USD 200 million financing for a 76 MW portfolio of community solar projects. The company said that it has arranged the financing on behalf of Clearway Energy Group, one of the leading developers and operators of clean energy generation facilities in the United […] Read more
India Needs $2.64 Tn in Investments to Meet UN SDGs by 2030: Report Updated On Wed, Jan 22nd, 2020 by Saurenergy A new report has revealed that India will need an estimated USD 2.64 trillion in investments to meet the UN SDGs by 2030. A new report has revealed that India will need an estimated USD 2.64 trillion in investments to meet the United Nation’s sustainable development goals (SDGs), offering the private sector an investment opportunity of over […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more