Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
History Set To Be Rewritten In Indian EV Space, Says VC Analysis Updated On Wed, Jul 8th, 2020 by Saurenergy Naman Lahoty, part of the investment team at Stellaris Venture Partners, has authored a 3 part analysis on why the Indian EV market could follow a different route from the usual auto market, which has always favoured incumbents. A quick snapshot. In an insightful analysis based on interactions with over 150 ‘EV system participants’ Mr Lahoty goes on […] Read more
Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA Updated On Wed, Jul 8th, 2020 by Saurenergy Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […] Read more
NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR Updated On Wed, Jul 8th, 2020 by Saurenergy NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […] Read more
L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB Updated On Wed, Jul 8th, 2020 by Saurenergy L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […] Read more
bp Commits USD 70 Million in India’s Green Growth Equity Fund Updated On Wed, Jul 8th, 2020 by Saurenergy bp will invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund is focused on identifying & investing in green energy solutions. Multinational oil and gas company – bp, has announced that it intends to invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund, […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
ADGM Inks Partnership With IRENA to Promote Sustainable Finance Updated On Tue, Jul 7th, 2020 by Saurenergy ADGM and IRENA have signed an MoU to signify their joint commitment to progressing sustainable finance across the UAE and the wider region. Abu Dhabi Global Market (ADGM), the award-winning international financial centre, and the International Renewable Energy Agency (IRENA), the lead intergovernmental agency for the energy transformation, have signed a Memorandum of understanding (MoU) […] Read more
ADB Becomes Observer for the Network for Greening the Financial System Updated On Tue, Jul 7th, 2020 by Saurenergy ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […] Read more
