EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
EBRD Invests €18 mn in Terna Energy’s Green Bond Updated On Tue, Oct 22nd, 2019 by Saurenergy EBRD will provide Terna Energy with a EUR 18 million investment in the Greek company’s successful issuance of a seven-year EUR 150 million green bond. The European Bank for Reconstruction and Development (EBRD) has announced that in an attempt to step up its efforts to support renewables in Greece, it will provide Terna Energy with […] Read more
Uzbekistan’s PPP Based 900 MW Solar Tender, Gets IFC Backing Updated On Tue, Oct 22nd, 2019 by Saurenergy Uzbekistan has signed a mandate with IFC, to develop up to 900 MW of solar power through public-private partnerships (PPPs). Uzbekistan is advancing quickly to diversify its energy matrix and meet its target to develop up to 5 gigawatts (GW) of solar power by 2030. The country has signed a mandate with the International Finance […] Read more
SECI’s ISTS-VI Tender for 1200 MW Solar Projects Fully Subscribed Updated On Mon, Oct 21st, 2019 by Saurenergy SECI has received four bids amounting to 1200 MW against its 1200 MW solar power projects tender (ISTS-VI). The Solar Energy Corporation of India (SECI) has received bids amounting to 1200 MW against its 1200 MW solar power projects tender (ISTS-VI). The tender, which was initially issued with Madhya Pradesh being the only delivery point […] Read more
Spain’s Ingeteam Secures R&D Loan from EIB Updated On Fri, Oct 18th, 2019 by Saurenergy EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
Scatec Solar Commissions 390 MW Benban Project in Egypt Updated On Thu, Oct 17th, 2019 by Saurenergy Scatec Solar has grid-connected the last of the six 65 MW solar power plants in Egypt, marking the completion of the 390 MW Benban solar project in Egypt. Scatec Solar and partners have grid-connected the last of the six 65 MW solar power plants in Egypt. This marks the completion of the 390 MW Benban […] Read more
Sterlite Power Raises Funds from Brazilian Market via Debentures Updated On Thu, Oct 10th, 2019 by Saurenergy This is an important milestone for the company as its first infrastructure debentures in the Brazilian capital markets. Global power transmission assets developer Sterlite Power has raised funds through its newly issued infrastructure debentures for the Arcoverde Project. Arcoverde Project was the company’s first project in Brazil which was successfully commissioned 28 months ahead of […] Read more
CEEW and IEA Report on Clean Energy Investment Trends 2019 Updated On Thu, Oct 10th, 2019 by Saurenergy The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […] Read more
