Shell Acquires 20% Stake in Bengaluru-Based Orb Energy Updated On Fri, Oct 4th, 2019 by Saurenergy Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […] Read more
Policy Stability at State Level Necessary to Uplift Renewables: Sumant Sinha Updated On Fri, Oct 4th, 2019 by Saurenergy Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity, ReNew Power CMD Sumant Sinha has said. Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity in the coming days, ReNew Power Chairman and Managing Director Sumant Sinha has said. […] Read more
ADB Grants $37 Mn for Southeast Asia’s Largest Floating Solar Project Updated On Thu, Oct 3rd, 2019 by Saurenergy ADB has signed an agreement with DHD for the installation of a 47.5 MW floating solar facility which will be the largest such installation in Southeast Asia. The Asian Development Bank (ADB) has signed a USD 37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power (DHD) to finance the installation of a 47.5 […] Read more
GE Delivers Corporate Wind PPA for Google in Sweden Updated On Tue, Oct 1st, 2019 by Saurenergy GE Renewable Energy has announced the signing of a Corporate PPA to sell energy from the Björkvattnet Onshore Wind Farm in Sweden to Google GE Renewable Energy has announced the signing of a Corporate Power Purchase Agreement (PPA) to sell energy from the Björkvattnet Onshore Wind Farm in Sweden to Google. GE Renewable Energy originated […] Read more
EBRD, GCF Commit $6.4 mn for Solar Plant in Kazakhstan Updated On Mon, Sep 30th, 2019 by Saurenergy EBRD and GCF are loaning up to USD 6.4 million to finance a new 10 MW solar plant in the Zhanakorgan District in southern Kazakhstan. The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF), are stepping up their efforts to support renewables in Kazakhstan with a loan of up to […] Read more
ADB Grants $22 mn for Solar Plus Storage Project in Nauru Updated On Mon, Sep 30th, 2019 by Saurenergy ADB has granted USD 22 million to Nauru to fund the delivery of sustainable solar energy to help meet the socio-economic development needs of the country The Asian Development Bank (ADB) and the Government of Nauru have signed a USD 22 million grant for a project that will fund the delivery of reliable, affordable, secure, […] Read more
PFS and MDI Gurgaon to Collaborate in RE Sector Updated On Mon, Sep 30th, 2019 by Saurenergy PFS and MDI Gurgaon have signed an agreement to collaborate in developing capacities in the areas of sustainable infrastructure financing. PTC India Financial Services Ltd (PFS) and premiere business school MDI Gurgaon have signed an agreement to collaborate by leveraging their combined strengths in developing capacities in the areas of infrastructure and especially sustainable infrastructure […] Read more
Will Rooftop Solar Rescue India’s Faltering Solar Target – Plus: 5 States Where The Numbers Will Matter Updated On Thu, Sep 26th, 2019 by Saurenergy Zero. That’s the number of fresh utility scale solar and wind projects commissioned in August 2019 through Solar Energy Corporation of India (SECI), India’s premier agency for executing them. While the corporation is not seeing a zero month for the first time, the fact remains that in 2016-17, when momentum was picking up sharply, not […] Read more
Equinor, SSE win Tender for 3.6 GW Offshore Wind Portfolio in North Sea Updated On Fri, Sep 20th, 2019 by Saurenergy Equinor and SSE have been awarded contracts to develop three offshore wind projects in the Dogger Bank region of North Sea, worth 3.6 GW. UK authorities announced today, September 20, 2019, that Equinor and its partner SSE were awarded contracts to develop three large scale offshore wind projects in the Dogger Bank region of the […] Read more