FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
HP Unveils New Plan To Power Operations With 100% Renewables by 2035 Updated On Thu, Jun 20th, 2019 by Saurenergy HP’s latest sustainability report outlines revamped science-based targets, a 35% year-on-year growth in revenue through sustainable impact and commitments to source more recycled plastic content and 100% renewables American multinational information technology company, HP announced a plethora of new goals in the 2018 report. It has set a target to ensure its global operations are […] Read more
Adani Green Arm Wins 600 MW Hybrid Capacity in SECI Auction Updated On Thu, Jun 20th, 2019 by Saurenergy Adani Green Energy Arm has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest SECI auction. Adani Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest Solar Energy Corporation of India (SECI) auction. […] Read more
Vattenfall Issues its First Green Bond Worth EUR 500 Mn Updated On Sat, Jun 15th, 2019 by Saurenergy In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […] Read more
Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
Adani Green Energy Raises Rs 402 crore Through Offer For Sale Updated On Fri, Jun 14th, 2019 by Saurenergy Adani Green Energy has offloaded roughly 6% stake and raises Rs 402 cr capital through OFS Adani Green Energy on Friday said that it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 percent of the equity should […] Read more
BSE India INX Launches Dedicated Green Bonds Trading Platform Updated On Thu, Jun 13th, 2019 by Saurenergy BSE-owned India International Exchange on June 12, 2019 said it has launched an exclusive platform for trading in green bonds. The platform — GSM (Global Securities Market) Green — has gone live on Wednesday, India International Exchange (India INX) said in a statement. “On Wednesday, BSE’s international arm, India International Exchange, unveiled its exclusive green […] Read more
Adani Green Energy’s Petition Against PGCIL Dismissed by CERC Updated On Thu, Jun 13th, 2019 by Saurenergy CERC recently heard a petition filed by Adani Green Energy against Power Grid. The Central Electricity Regulatory Commission (CERC) recently heard a petition filed by Adani Green Energy Limited (AGEL) against the Power Grid Corporation of India Limited (PGCIL). The case was about three of Adani’s projects – a 500 MW wind project, 1,000 MW […] Read more
PM Modi: Solar Powered Cochin Airport ‘Model’ for High-Energy Consumers Updated On Mon, Jun 10th, 2019 by Saurenergy During his brief stopover visit on Saturday, Modi hailed the Cochin International Airport Limited (CIAL) for being the world’s first fully solar-powered airport, a statement issued by the CIAL said here on Jun 10. Impressed by the fully solar-powered operations at the Cochin International Airport, Prime Minister Narendra Modi has said it should be an […] Read more
