NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
Hungary Plans to Fully Rely on Renewable Energy by 2030 Updated On Fri, Nov 30th, 2018 by Saurenergy An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […] Read more
India Becomes Global Leader in Renewable Energy Auction: Report Updated On Tue, Nov 27th, 2018 by Saurenergy India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more
Shaw Air Force Base, Duke Energy Join Hands for New Solar Project Updated On Wed, Oct 24th, 2018 by Saurenergy Duke Energy’s Solar Rebate Program helped with the costs of the Shaw project and has provided more than USD 50 million in rebates as an extra incentive for customers who wanted to go solar across its South Carolina footprint. Hunt Southern Group along with its military partner, Shaw Air Force Base, has collaborated with Duke […] Read more
D. E. Shaw Renewable Investments Acquires Willow Springs Project from First Solar Updated On Thu, Oct 18th, 2018 by Saurenergy 100MWAC project adds to DESRI’s portfolio of PV assets First Solar, Inc. (Nasdaq: FSLR) and D. E. Shaw Renewable Investments, L.L.C. (DESRI) today announced the acquisition by a DESRI affiliate of the 100 Megawatt (MW)AC Willow Springs Solar Project in Kern County, California. Terms of the deal were not disclosed. The project, which was developed by First […] Read more
Viz-A-Viz with Animesh Damani, Managing Partner, Artha Energy Resources Updated On Wed, Oct 17th, 2018 by Saurenergy Q. Please tell our readers more about Artha Energy Resources (AER) as a consultant in renewable energy sector. Artha Energy Resources is India’s first and only Renewable energy focused Investment Bank. Since its inception, the company has done 800 million USD worth of Mergers and Acquisitions. It houses three main divisions viz. a. Investment Banking […] Read more
UBM India Successfully Concludes 12th Edition of Renewable Energy India Expo Updated On Wed, Oct 10th, 2018 by Saurenergy Keen global and local participation, foreign investments & technology breakthroughs marked the show UBM India successfully concluded the 12th edition of Renewable Energy India (REI) Expo, the three day (18th – 20th September 2018) show at the India Expo Center, Greater Noida. This year, the show focused on approaching renewables in a more holistic manner, […] Read more
Entrepreneurs Display Interest in Solar Energy, EVs in Uttarakhand Updated On Sat, Sep 29th, 2018 by Saurenergy The push towards certain class of industry backing sustainability is also believed to have come with the new policies of the center and Uttarakhand Government. Entering into the group of states adopting measures to cut short on fossil fuel use, Uttarakhand, ahead of the investors’ summit to be held on October 7, has attracted a […] Read more