India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target Updated On Thu, Dec 12th, 2019 by Saurenergy RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […] Read more
Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital Updated On Sat, Dec 7th, 2019 by Saurenergy Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […] Read more
Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more
EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects Updated On Fri, Dec 6th, 2019 by Saurenergy EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […] Read more
BP Increases Stake in Lightsource BP to Form a 50:50 JV Updated On Fri, Dec 6th, 2019 by Saurenergy The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […] Read more
Statkraft Signs PPA With Enerparc for 5 Subsidy-Free Solar Projects Updated On Thu, Dec 5th, 2019 by Saurenergy Enerparc and Statkraft have signed a 12-year PPA for power generated from five subsidy-free solar projects with an installed capacity of 52 MW in Bavaria Enerparc, a specialist in the development, construction and operation of large-scale solar power plants, and Statkraft, Europe’s largest producer of renewable energy and leading PPA provider, have signed a 12-year […] Read more
India Working on a Rooftop Solar Scheme with KfW: Gadkari Updated On Wed, Dec 4th, 2019 by Saurenergy The Centre is working with KfW to bring a rooftop solar scheme that will bring down the cost of the power generated to Rs 2.5 per unit, Nitin Gadkari has said The Centre is working with German financing institution KfW to bring a rooftop solar scheme that will bring down the cost of the power […] Read more
US Solar Tariffs Cost 62,000 Jobs and 10.5 GW in Solar Capacity Updated On Wed, Dec 4th, 2019 by Saurenergy Tariffs on imported solar cells and modules have led to the loss of more than 62,000 US jobs and USD 19 billion in new private sector investment Tariffs on imported solar cells and modules have led to the loss of more than 62,000 US jobs and USD 19 billion in new private sector investment, according […] Read more
Tata Power Solar Launches new Campaign, Encouraging Rooftop Solar Installations Updated On Wed, Dec 4th, 2019 by Saurenergy Tata Power Solar has launched its #PledgeForSolar campaign, with the aim to encourage consumers to install the residential solar rooftop solutions Tata Power Solar, India’s largest solar energy company, and Tata Power‘s wholly-owned subsidiary has launched its #PledgeForSolar campaign. The campaign has been initiated with the aim to encourage consumers to install the residential solar […] Read more
