BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
RWE Renewables Brings 100 MW Solar Project Online in Texas Updated On Tue, Jan 7th, 2020 by Saurenergy RWE Renewables has announced that it has achieved commercial operation on its 100 MW West of the Pecos solar project, located in Texas RWE Renewables has announced that it has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. The project is […] Read more
Over 1.03 Crore Smart LED Street Lights Installed so far: EESL Updated On Mon, Jan 6th, 2020 by Saurenergy Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, EESL has said. Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, Energy Efficiency […] Read more
Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019 Updated On Sat, Jan 4th, 2020 by Saurenergy Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […] Read more
India Extends $75 mn LOC to Cuba for Solar Projects Updated On Sat, Jan 4th, 2020 by Saurenergy India has extended a LOC of USD 75 million to Cuba for financing solar projects after the agreement between Exim Bank and Banco Exterior De Cuba came into effect. India has extended a line of credit (LOC) of USD 75 million (Rs 500 crore) to Cuba for financing solar projects. An agreement signed between Export-Import Bank of India (Exim Bank) […] Read more
OPDEnergy Begins Operation of 50 MW Solar Plant in Spain Updated On Fri, Jan 3rd, 2020 by Saurenergy OPDEnergy has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira (Seville), Spain OPDEnergy, a company specialising in the development, financing, construction, and operation of renewable assets, has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira […] Read more
Ryder, ABB & In-Charge Unveil EV Charging Solution for Fleet Operators Updated On Fri, Jan 3rd, 2020 by Saurenergy Ryder System, In-Charge Energy, and ABB have jointly announced a first-of-its-kind partnership to provide EV charging infrastructure for fleet operators Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, In-Charge Energy, a privately-held energy solutions company based in California, and ABB, a global technology leader in electrification, have jointly announced a first-of-its-kind partnership to provide nationwide […] Read more
Solarpack Wins PPA Contract in Malaysia Worth 116 MW Updated On Thu, Jan 2nd, 2020 by Saurenergy Solarpack has announced the award of a long-term PPA for one of its projects under development in Malaysia. The 116 MW Suria Sungai Petani plant. Solarpack Corporación Tecnológica has announced the award of a long-term power purchase agreement (PPA) for one of its projects under development in Malaysia. The award, which is the result of […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
