Iberdrola signs its largest green loan worth €1 B with Banco Santander Updated On Thu, Apr 28th, 2022 by Saurenergy Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […] Read more
Dewa to spend $11 billion on Renewable Energy in Dubai Updated On Thu, Apr 28th, 2022 by Saurenergy The Dubai Electricity and Water Authority (Dewa) has announced that it will be investing $11 billion or Dh40 billion as capital expenditure over a period of next five years from now to enhance the utility’s renewable energy portfolio. Dewa has issued an official statement that confirms the media reports about the anticipated RE investments by […] Read more
ONGC inks MoU with Norway’s Equinor for E&P, clean energy Updated On Thu, Apr 28th, 2022 by Saurenergy State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday said it has signed a pact with Norwegian energy giant Equinor ASA for collaboration in oil and gas exploration and production as well as clean energy projects. The memorandum of understanding (MoU) was inked on April 26, the company said in a statement. The agreement is […] Read more
World’s Largest Green Hydrogen Project to Get $500m from US Govt Updated On Thu, Apr 28th, 2022 by Saurenergy The US Department of Energy (DOE) has announced that it has conditionally committed for up to $504 million in debt financing for the Advanced Clean Energy Storage Project which is expected to be the world’s largest industrial green hydrogen production and storage facility. The commitment is made to companies: Advanced Clean Energy Storage, Mitsubishi, Magnum […] Read more
NTPC, Energy Vault sign MoU for gravity-based energy storage tech Updated On Wed, Apr 27th, 2022 by Saurenergy NTPC Limited, the largest power generating utility in India, has announced that it has signed a Memorandum of Understanding (MoU) with Energy Vault Holdings, Inc. The objective of the MoU is to collaborate and formalize a long-term strategic partnership for the deployment of Energy Vault’s EVx™ gravity-based energy storage technology and software solutions based on […] Read more
Major Japan railway now powered only by renewable energy Updated On Wed, Apr 27th, 2022 by Saurenergy Shibuya in Tokyo, Japan, is famed for its Scramble Crossing, where crowds of people crisscross the intersection in a scene symbolizing urban Japan’s congestion and anonymity. It may have added another boasting right. Tokyu Railways’ trains running through Shibuya and other stations were switched to power generated only by solar and other renewable sources starting […] Read more
Karnataka Can Sign EOIs to Bring Rs. 61,000 cr investments in Renewable Energy Updated On Wed, Apr 27th, 2022 by Saurenergy Karnataka may witness a fresh slew of renewable energy development as the government owned Karnataka Renewable Energy Development Limited (KREDL) may sign 9 Expressions of Interest (EOI) with 9 renewable energy investors. This is expected to be done at Windergy – 2022, a three day conference in New Delhi on currently. The exercise is expected […] Read more
Clean Energy Financing Specialist Updated On Tue, Apr 26th, 2022 by Saurenergy Support in technical assistance activities related to innovative financing instruments like InvITs, green bonds, alternate investment funds, concessional financing etc. The technical assistance shall include preparation of concept notes/presentations/reports, stakeholder discussions and transaction support like valuation, structuring and documentation. Developing excel based financial models, concept notes, reports and presentations on financing aspects pertaining to clean […] Read more
NTPC invites bids from potential partners For Future Green Hydrogen Tenders Updated On Tue, Apr 26th, 2022 by Saurenergy NTPC Renewable Energy has recently invited online bids from electrolyser technology providers to help the employer bag the upcoming tenders on green hydrogen. The tender reads further, “This tender intends to select electrolyser technology provider(s) for a period of two years for polymer electrolyte membrane (PEM) technology of 400 megawatts (MW) and non-PEM technology of […] Read more
