JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment Updated On Mon, May 17th, 2021 by Saurenergy JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […] Read more
Swedish Company Exeger Raises USD 38 Million in Debt Financing Updated On Wed, May 12th, 2021 by Saurenergy Sweden’s Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan […] Read more
ADB to End Fossil Fuel Financing, No Timeline Committed Updated On Tue, May 11th, 2021 by Saurenergy The Asian Development Bank (ADB) announced on Friday that it will not finance coal mining or oil and natural gas activities in the future, as a result of a draft energy policy supporting low carbon transition in Asia and the Pacific. Set up in the early 1960s and headquartered in Manila, the ADB has since channelled […] Read more
Total Eren Secures Financing for 100 MW Solar Project in Uzbekistan Updated On Tue, May 11th, 2021 by Saurenergy Total Eren has successfully signed the financing documentation for its solar photovoltaic project Tutly with 100 MWac capacity in Uzbekistan Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it has successfully signed the financing documentation related to its solar photovoltaic (PV) project Tutly with 100 MWac capacity. […] Read more
7-Country European Alliance To End Export Financing For Fossil Fuels Updated On Thu, Apr 15th, 2021 by Saurenergy During a virtual meeting yesterday, seven European countries came together to formally launch the Export Finance for Future (E3F) coalition, a new alliance aimed at ending public export guarantees for fossil fuel projects, as part of efforts to reduce carbon emissions and fight climate change. Other than France, the host country, the conference was attended […] Read more
Neoen Secures Financing for Finland’s Largest Wind Farm at 404 MW Updated On Fri, Apr 9th, 2021 by Saurenergy Neoen has finalised the financing of Mutkalampi, a 404 MW wind farm in Finland, which will be the country’s largest wind farm on completion. Neoen has announced that it has finalised the financing of Mutkalampi, a 404 MW wind farm in Central and Northern Ostrobothnia in western Finland. Fully owned by Neoen, the project will […] Read more
Specialist (Carbon Financing) Updated On Fri, Mar 26th, 2021 by Saurenergy Qualifications: Degree in Engineering in Mechanical/Electrical/Chemical/Environment (or equivalent) or CA/ICWA or M.Sc in Chemistry/Environmental Science or MA in Economics with at least 60% marks from a recognized institute. Candidates with MBA/PhD degree in relevant areas shall be preferred. Experience Requirement: 10 Years of post-qualification executive experience in POWER/energy sector in a Govt,/ Public Sector Undertaking […] Read more
Sunlight Secures ~$2.5 Bn in Solar Financing via Expanded Partnership With Tech CU Updated On Thu, Mar 18th, 2021 by Saurenergy Sunlight Financial, a premier, technology-enabled point-of-sale residential solar financing platform, today announced that Tech CU, a Silicon Valley-based credit union, has committed to fund another nearly $2.5 billion in residential solar and storage systems sold and installed by Sunlight partners over the next three years, expanding upon a long-term partnership between Sunlight and Tech CU […] Read more
Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio Updated On Tue, Mar 9th, 2021 by Saurenergy Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […] Read more
