ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan Updated On Mon, Sep 16th, 2019 by Saurenergy ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […] Read more
Duke Energy Renewables Acquires 200 MW Texas Solar Plant From Canadian Solar Updated On Fri, Sep 13th, 2019 by Saurenergy Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200 MW Rambler solar project in Texas from Canadian Solar. Duke Energy Renewables, a subsidiary of North Carolina-based power utility Duke Energy, is expanding its solar energy portfolio by acquiring the 200 megawatts (MW) / 266 megawatts peak (MWp) Rambler solar project from […] Read more
EDP Issues EUR 600 Million Green Bond Updated On Thu, Sep 12th, 2019 by Saurenergy EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […] Read more
Europe Solar Technology Contracts Activity Drops 64% in Q2 2019 Updated On Wed, Sep 11th, 2019 by Saurenergy Europe solar technology contracts in Q2 2019 saw 51 contracts announced, marking a drop of 64 percent over the last four-quarter average of 143 contracts Europe solar technology contracts in the second quarter (Q2) of 2019 saw 51 new contracts announced, marking a drop of 64 percent over the last four-quarter average of 143, according […] Read more
Ørsted’s Taiwanese Offshore Wind Farm Generates First Power Updated On Wed, Sep 11th, 2019 by Saurenergy Ørsted has announced that the second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind farm, produced first power. Danish wind energy major and the leading offshore wind energy firm in the world, Ørsted has announced that on September 5, 2019, the company’s second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind […] Read more
RE Producers can Move NCLT Against Discoms Over Dues: RK Singh Updated On Wed, Sep 11th, 2019 by Saurenergy Flagging non-payment of dues by Discoms to renewable energy producers, RK Singh has cautioned states that the developers could approach NCLT Flagging non-payment of dues by power discoms to renewable energy producers, Union Power Minister RK Singh has cautioned seven states, including Maharashtra and Karnataka, that the developers could approach NCLT against the distribution companies to recover payments of […] Read more
IFC Raises $569 mn From 1st Canadian Green Bond Updated On Sat, Sep 7th, 2019 by Saurenergy IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […] Read more
Solar Leads as RE Investment Skyrocket Past $2.5 Trillion Updated On Fri, Sep 6th, 2019 by Saurenergy In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […] Read more
THDCIL Receives Bids for Rs 3215 cr Against Rs 1500 cr Bond Updated On Fri, Sep 6th, 2019 by Saurenergy THDCIL has received bids for Rs 3215 crore in response to its corporate bond series-II of Rs 1500 crore with a greenshoe option of Rs 1000 crore THDC India Limited (THDCIL), a joint venture of Government of India and Government of Uttar Pradesh, which was incorporated to develop, operate and maintain the 2400 MW Tehri […] Read more
