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
ADB, Partners to Increase Access to Clean Energy in Tonga Updated On Wed, Jul 24th, 2019 by Saurenergy ADB, Government of Tonga and other development partners have announced the beginning of construction on the country’s first off-grid solar power plant The Asian Development Bank (ADB) joined the Government of Tonga and other development partners to announce the beginning of construction on the country’s first off-grid solar power plant and distribution network for Tonga’s most […] 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
Renault Forms JV for Electric Vehicles in China Updated On Fri, Jul 19th, 2019 by Saurenergy Renault and JMCG have announced the establishment of their joint venture to further promote the development of Electric Vehicles industry in China Groupe Renault and Jiangling Motors Corporation Group (JMCG) have announced the establishment of their joint venture to further promote the development of the Electric Vehicles industry in China following their first agreement on […] 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
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
Masdar Signs MoU in Armenia for Development of 500 MW RE Projects Updated On Mon, Jul 15th, 2019 by Saurenergy Masdar has signed an MoU to pursue renewable energy opportunities to the tune of 500 MW in solar and wind energy projects in Armenia. Masdar or the Abu Dhabi Future Energy Company has announced the signing of a Memorandum of Understanding (MoU) to pursue renewable energy opportunities in the Republic of Armenia, a country with […] Read more
