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
Australia Says 2020 Clean Energy Targets Met This Year Updated On Thu, Sep 5th, 2019 by Saurenergy The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […] Read more
Enel Green Power Wins 190 MW Capacity in SECI’s 1.8 GW Wind Tender Updated On Sat, Aug 31st, 2019 by Saurenergy Enel Green Power, through its Indian renewable subsidiary EGP India, has been awarded the right to develop a 190 MW wind farm in India Enel Green Power, through its Indian renewable subsidiary EGP India, has been awarded the right to sign a 25-year energy supply contract/Power Purchase Agreement (PPA) for a 190 MW wind farm in India. […] Read more
Experts Stress Equity in India’s Push for a Green Economy Updated On Thu, Aug 22nd, 2019 by Saurenergy As per the ILO report, 77.4 percent jobs in India are ‘vulnerable’. A transition to a green economy in India must be a ‘Just Transition’, keeping in mind vulnerable livelihoods. A Just Transition would need to look at the labour surplus issue in India especially for those employed in agriculture and informal sectors. These were […] Read more
Rajasthan Working on a new Renewable Energy Policy: Energy Minister Updated On Wed, Aug 21st, 2019 by Saurenergy Energy Minister BD Kalla has said that the Rajasthan government is working to bring a new renewable energy policy for the state. State Energy Minister B D Kalla while speaking at a seminar on ‘exploring renewable energy potential in the state of Rajasthan‘ on the 75th birth anniversary of former prime minister Rajiv Gandhi, has said […] Read more
Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects Updated On Tue, Aug 20th, 2019 by Saurenergy Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […] Read more
RE 100 Not on Track to Meet 2030 Clean Energy Goals: BNEF Updated On Fri, Aug 16th, 2019 by Saurenergy The renewable energy group RE 100 is far from its target of accessing 100 percent clean energy for its member companies, says BNEF The fanfare surrounding the global clean energy initiative RE 100 could not hide the shortfall that its members are faced with. According to the latest research forecast published by the Bloomberg […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
Scientists Discover Key Factors in How Some Algae Harness Solar Energy Updated On Wed, Aug 14th, 2019 by Saurenergy Scientists have discovered how diatoms – a type of algae that produce 20 percent of the Earth’s oxygen – harness solar energy for photosynthesis. The Rutgers University-led discovery, published in the journal Proceedings of the National Academy of Sciences, could help lead to more efficient and affordable algae-based biofuels and combat climate change from fossil fuel burning. […] Read more
