CRISIL Predicts Rs 1100 Bn in Investments For Wind Capacity Additions by 2023 Updated On Thu, Mar 7th, 2019 by Saurenergy According to a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23). According to numbers recently furnished in a report, India is likely to add 14-16 GW of new wind energy capacity over the next five years (2019-23) at an estimated investment cost of Rs […] Read more
EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency Updated On Wed, Feb 27th, 2019 by Saurenergy The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […] Read more
General Motors Partners With DTE To Source Wind Energy in Michigan Updated On Wed, Feb 27th, 2019 by Saurenergy The company will source 300,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. As part of its commitment to increasing its renewable energy footprint globally and finding clean energy solutions near its operations, General Motors Co. has partnered with DTE Energy for 300,000 MWh of wind energy in the state of Michigan. […] Read more
Saudi Arabia and China To Boost Renewable Energy Cooperation Updated On Mon, Feb 25th, 2019 by Saurenergy Saudi Arabia’s PIF signs MOU with China’s National Energy Administration on renewable energy cooperation, after announcing to make India a regional hub for oil supply. Saudi Arabia’s sovereign wealth fund PIF signed a preliminary deal for investments in China’s renewable energy sector during the visit of Crown Prince Mohammed in China. The news about the […] Read more
The Home Depot Expands Renewable Energy Initiatives Updated On Fri, Feb 15th, 2019 by Saurenergy The company will purchase enough wind energy from the Pretty Prairie Wind Project in Kansas to power about 40 stores for a year. CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change “A” list for cutting carbon emissions and alleviating climate risks. In this year’s CDP report, The Home Depot […] Read more
Viz-A-Viz with Glenn Pearce Oroz, Director of Policy and Programmes, Sustainable Energy for All (SEforALL) Updated On Fri, Feb 1st, 2019 by Saurenergy Govt Sends Clear, Attractive Signal to Invest in India Research clearly shows that businesses and private investment flow into countries that have clear, robust policy and regulatory environments with long term targets. By prioritizing energy access, the government is sending a clear, attractive signal to business to invest in the Indian market, believes Glenn Pearce […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
Corporate Clean Energy Buying Surged to New Record in 2018 : BNEF Updated On Tue, Jan 29th, 2019 by Saurenergy Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017 a new report by BNEF found. BloombergNEF has revealed in its 1H 2019 Corporate Energy Market Outlook, that around 13.4 GW of clean energy contracts were signed by 121 corporations in 21 different […] Read more
