Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
1 Billion USD Guarantee Can Lead to 15 Billion US Dollars Investment for Solar Energy Updated On Wed, Nov 15th, 2017 by Saurenergy CRMM could help build over 1 terrawatt (TW), or 1000 GW, of solar power generation capacity in low and middle-income countries by 2030. According to a study by Common Risk Mitigation Mechanism, a USD 1 billion guarantee could crowd in up to USD 15 billion of investments for 20GW of solar PV capacity in more […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
European Investment Bank Signs Partnership Pact with Solar Alliance Updated On Sat, Oct 7th, 2017 by Saurenergy This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
Global Solar Investment to be Higher than Coal, Gas and Nuclear Combined in 2017: Frost & Sullivan Updated On Fri, Sep 1st, 2017 by Saurenergy Frost & Sullivan forecasts the global solar investment to be higher than coal, gas and nuclear combined in 2017. With prices for both solar and wind continuing to decline, renewable investment keeps booming at the expense of traditional power generation. Lower project costs and continued regulatory support for renewable energy in key markets will see […] Read more
D. E. Shaw Renewable Investments Acquires Cuyama Solar Project from First Solar Updated On Fri, Aug 18th, 2017 by Saurenergy The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to Pacific Gas & Electric (PG&E) under a 25-year power purchase agreement (PPA) starting in January 2019 D. E. Shaw Renewable Investments has acquired 40 Megawatt […] Read more
International Finance Corporation Plans $6 Billion Investment in India Updated On Wed, Jul 19th, 2017 by Saurenergy International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […] Read more
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
