MDPs Committed Climate Finance Worth $66 B in 2020: Joint Report Updated On Fri, Jul 2nd, 2021 by Saurenergy According to the recently published 2020 Joint Report on Multilateral Development Banks’ Climate Finance, climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, of which, 58%—or $38 billion—was committed to low- and middle-income economies. The total climate cofinance committed during 2020 […] Read more
Atlas Renewable Energy Wins Accolades in Latin America Updated On Thu, Jul 1st, 2021 by Saurenergy Miami-based Atlas Renewable Energy has been awarded IJGlobal’s 2020 Latin America Sponsor of the Year Award for the company’s contributions to accelerating the region’s transformation to clean energy. In just 2020, the company signed three major financing contracts: Ananuca worth USD 253 Million, Lar do Sol – Casablanca worth USD 150 million and New Juazeiro […] Read more
Russian Yandex Signs 5-year Wind PPA with Finnish Ilmatar Energy Updated On Thu, Jul 1st, 2021 by Saurenergy Yandex, a Russian internet company, has signed a 5-year power purchase agreement (PPA) for wind energy with Finnish renewable energy company Ilmatar Energy. Under the contract, Yandex will source renewable electricity from wind farms operated by Ilmatar to cover 100% of the energy needs for the company’s Mäntsälä data center in Finland. Delivery of renewable […] Read more
Crossover Energy Partners Teams Up with KKR for Clean Energy Projects Updated On Thu, Jul 1st, 2021 by Saurenergy Crossover Energy Partners works exclusively as the energy transition solutions partner for KKR. Yesterday the firm that supports renewable energy projects, has announced an exclusive partnership with the leading global investment firm, KKR. Working as the exclusive energy transition solutions partner for KKR, Crossover will oversee the origination, development, financing, construction, and long-term operation of […] Read more
IRENA’s World Energy Transitions Outlook Re-Writes Energy Narrative for a Net Zero World Updated On Thu, Jul 1st, 2021 by Saurenergy Accelerating energy transitions on a path to climate safety can grow the world’s economy by 2.4 per cent over the expected growth of current plans within the next decade, a new analysis from the International Renewable Energy Agency (IRENA) shows. The Agency’s 1.5°C pathway foresees the creation of up to 122 million energy-related jobs in […] Read more
COGOS Expands Its Fleet with 2500 New Electric Vehicles Updated On Wed, Jun 30th, 2021 by Saurenergy In an effort to reduce the carbon footprint of its fleet and to achieve sustainable growth, Bangalore-based COGOS, the end-to-end enterprise logistics company has announced to expand its fleet by 2500 electric vehicles (EVs). The company will expand across major cities like Bangalore, Hyderabad, Delhi, and Gujarat, and later in Maharashtra and Tamilnadu. This fleet […] Read more
EXIM Bank Extends $40 M to Togo to Power 350 Villages with Solar PV Updated On Wed, Jun 30th, 2021 by Saurenergy Export-Import Bank of India has, on behalf of the Government of India, extended a Line of Credit (LOC) of USD 40 million to the Government of Togo for the purpose of the electrification of 350 villages in Togo through solar photovoltaic systems. India has been on a major outreach among developing countries ever since it […] Read more
India’s Three Battles To Lose Updated On Wed, Jun 30th, 2021 by Saurenergy What, and how India sets about achieving climate goals in the decade to 2030 matters. Not just for the impact it will have on doing our bit on global warming, but also for what it does to shift the country decisively away from our current energy pathways. The decade to 2030 also seems to be […] Read more
Sterling and Wilson Solar Q4 2021 Results-Heavy Losses Updated On Wed, Jun 30th, 2021 by Saurenergy The Shapoorji Pallonjee Group’s Sterling and Wilson Solar, on Tuesday, announced their March results and the story is not good. Having already informed exchanges about hits the firm took in the quarter from a contractor’s bankruptcy, and other issues, the firm slipped into losses for the year. The firm had earlier issued a warning regarding […] Read more
