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
World Bank Report on RISE: Policy Matters Regulatory Indicators For Sustainable Energy Updated On Fri, Jun 14th, 2019 by Saurenergy Regulatory Indicators for Sustainable Energy (RISE) is built on the premise that policies matter along with good institutions and enforcement. RISE is based on a wealth of empirical evidence which shows that policies and regulations matter when countries are seeking to attract investment and establish a sustainable energy agenda. Therefore, it is relevant to assess […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
IEEFA Paper on Post-Election, India Must Formalise Energy Reforms Already Long Deliberated Updated On Thu, Jun 13th, 2019 by Saurenergy Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to generate 275 gigawatts (GW) from renewable energy sources by 2027. This new paper by IEEFA, “Post-election, India must formalise energy reforms already long deliberated” provides […] Read more
IRENA Report on Hydrogen from Renewable Power: Technology Outlook for the Energy Transition Updated On Thu, Jun 13th, 2019 by Saurenergy As the world strives to cut carbon emissions, electric power from renewables has emerged as a vital energy source. Yet transport and industry will still require combustible fuels for many purposes. Such needs could be met with hydrogen, which itself can be produced using renewable power. Hydrogen provides high-grade heat, helping to meet a range […] Read more
Kenya Launches $47 Mn Off-Grid Solar Access Project Updated On Thu, Jun 13th, 2019 by Saurenergy Kenya has launched a $47 million facility under the Off-Grid Solar Access Project aimed at the private sector to provide solar and clean cooking solutions The government of Kenya has launched a $47 million (KSh 4.7 billion) facility under the Kenya-Off-Grid Solar Access Project (KOSAP) aimed at spurring the private sector to provide viable solar […] Read more
WB Grant For China RE and Battery Storage Promotion Project Updated On Thu, Jun 13th, 2019 by Saurenergy The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […] Read more
