EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain Updated On Thu, Nov 28th, 2019 by Saurenergy EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Ideanomics’ MEG Bags Second Order for EV Taxis in China Updated On Tue, Nov 26th, 2019 by Saurenergy Ideanomics has announced that its MEG division has secured an order for 2,300 EV Taxis from the City of Guilin, in Guanxi province of China Ideanomics has announced that its Mobile Energy Global (MEG) division has secured an order for 2,300 EV Taxis from the City of Guilin, in Guanxi province of China though MEGs […] Read more
IFC Eclipses $10 bn in Climate Finance Investments Since 2006 Updated On Tue, Nov 26th, 2019 by Saurenergy IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […] Read more
ReneSola Sells 13 MW Solar Project Rights in Poland Updated On Tue, Nov 26th, 2019 by Saurenergy ReneSola has sold 13 MW of project development rights to SUNfarming Polska, a Wroclaw-based investor with in-house project development and EPC provider ReneSola, a leading fully integrated solar project developer, has announced the sale of 13 MW of project development rights to SUNfarming Polska, a Wroclaw-based investor with in-house project development and EPC provider and […] Read more
Genex Gets Funding for its 50×2 MW Solar Projects Updated On Fri, Nov 22nd, 2019 by Saurenergy “As a result of banks confirming credit approvals, JSP is now ready to commence construction, subject to the finalisation of project and financing documentation, which is expected to occur over the coming weeks,” said James Harding. ASX-listed power generation development company Genex Power has received credit approval to fund its two 50 MW each solar […] Read more
Canadian Solar Commissions 53.4 MW Solar Plant in Japan Updated On Thu, Nov 21st, 2019 by Saurenergy Canadian Solar has announced that it has reached the commercial operation of the 53.4 MW Oita Hiji Machi solar plant in Japan. Canadian Solar, one of the world’s largest solar power companies, today announced that it has reached commercial operation on a 53.4 MW solar power plant in Japan. The Oita Hiji Machi solar project achieved commercial […] Read more
IFC, NADB Provide $200 mn Loan for Solar Project in Mexico Updated On Thu, Nov 21st, 2019 by Saurenergy IFC and NADB will provide USD 200 million in green loans to IEnova, to finance four solar power plants with a total capacity of 376 MW across Mexico. The International Finance Corporation (IFC), a member of the World Bank Group, and the North American Development Bank (NADB) will provide USD 200 million in green loans […] Read more
Debt-Ridden Suzlon Working on a Resolution Plan Updated On Thu, Nov 21st, 2019 by Saurenergy Suzlon Energy is working on a resolution plan and lenders have till January to work on a sustainable resolution plan before taking any extreme steps. Wind-turbine maker Suzlon Energy has confirmed that the company is working on a resolution plan and lenders have time till January next year to work on a sustainable resolution plan before taking any extreme steps. “The […] Read more
