Spain Plans to Install 2.2 GW Wind Capacity Annually through 2030 Updated On Tue, Apr 7th, 2020 by Saurenergy The 2030 National Energy and Climate Plan has been issued in Spain, with the European nation seeking to deploy 2.2 GW of wind capacity annually until 2030. The Spanish government has submitted its 2030 National Energy and Climate Plan (NECP), raising the country’s ambitions on greenhouse gas emission reduction to 23 percent compared to the […] Read more
Leading RE Firms and Orgs Call Upon EU To Use Corona Funds Well Updated On Tue, Mar 31st, 2020 by Saurenergy In an interesting move, even as the European Union launches into a massive stimulus plans to fight the economic disruption caused by the Coronavirus disease Covid-19, calls for making this an opportunity to go ‘green’ have been going stronger. In fact, for many activists, the stimulus is being seen as an opportunity to ram through […] Read more
California Doubles its Clean Energy Targets for 2030 Updated On Fri, Mar 27th, 2020 by Saurenergy With an aim to reduce carbon footprints and increase the share of renewable energy in the total energy mix, the California Public Utilities Commission (CPUC) on Thursday has adopted a new target for the electric sector that would more than double the state’s clean energy capacity installation by 2030. However, one of the green group […] Read more
EVs Emit Less CO2 Than Conventional Vehicles: Study Updated On Wed, Mar 25th, 2020 by Saurenergy EVs produce less CO2 than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a new study Electric vehicles (EVs) produce less carbon dioxide (CO2) than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a study which projects that in 2050 every second car on the […] Read more
Saudi Arabia Lists 49 Pre-Qualified Bidders for 1.2 GW Solar Tender Updated On Tue, Mar 24th, 2020 by Saurenergy The Saudi Arabia REPDO has issued the list of all the pre-qualified bidders in round three of the Kingdom’s NREP for four solar PV projects worth 1.2 GW The Saudi Arabia Renewable Energy Project Development Office (REPDO) has issued the list of all the pre-qualified bidders in round three of the Kingdom’s National Renewable Energy […] Read more
Lightsource BP Completes $250 Mn Financing for Solar Project in Texas Updated On Fri, Mar 20th, 2020 by Saurenergy Lightsource BP has successfully closed on a USD 250 million financing package for its 260 MW Impact Solar project located in Texas Lightsource BP, a global solar leader, has announced that it has successfully closed on a USD 250 million financing package for its Impact Solar project located in Lamar County, Texas, 120 miles northeast […] Read more
Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm Updated On Thu, Mar 12th, 2020 by Saurenergy EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […] Read more
Renew Financial has Invested USD 421 Mn in California Residential Solar Updated On Wed, Mar 11th, 2020 by Saurenergy Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar PV systems to their properties. Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar photovoltaic systems to their properties. Through the Property Assessed Clean […] Read more
IFC Invests $200 Mn in Africa’s Largest Green Bond Updated On Thu, Mar 5th, 2020 by Saurenergy IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […] Read more
