ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more
Statkraft and Solaria Sign 10-Year 252 MW Solar PPA Updated On Sat, Dec 21st, 2019 by Saurenergy Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […] Read more
Azure Power’s $75 mn Private Placement Successfully Completed Updated On Tue, Dec 17th, 2019 by Saurenergy Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […] Read more
Sterlite Power Wins Award for J&K Transmission Project at 2019 Global Energy Awards Updated On Mon, Dec 16th, 2019 by Saurenergy Global power transmission assets developer Sterlite Power has won the award for its Northern Region Strengthening Scheme (NRSS-29) project in Jammu & Kashmir (J&K) under the category – ‘Construction Project of the Year’. The company has clinched the award during the coveted S&P Global Platts Global Energy Awards 2019. While announcing the award, Martin Fraenkel, […] Read more
GE Renewable Energy Wins 143 MW Wind Turbine Order in Sweden Updated On Mon, Dec 16th, 2019 by Saurenergy GE has been selected by Holmen as the wind turbine supplier for the 143 MW Blåbergsliden wind farm in Sweden to supply 26 of GE’s Cypress onshore platform GE Renewable Energy (GE) has announced that it has been selected by Holmen as the wind turbine supplier for the 143 MW Blåbergsliden wind farm in Sweden. […] Read more
IREDA Deliberating Over $100 mn Green Window for Financing RE Projects Updated On Thu, Dec 12th, 2019 by Saurenergy IREDA is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, a senior official has said. The Indian Renewable Energy Development Agency (IREDA) is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, Ministry of New and Renewable Energy […] Read more
Renewable Energy Ambition in NDCs Must Double by 2030: IRENA Updated On Mon, Dec 9th, 2019 by Saurenergy Countries are being urged to raise renewable energy ambition and adopt targets to transform the global energy system in the next round of NDCs Countries are being urged to significantly raise renewable energy ambition and adopt targets to transform the global energy system in the next round of Nationally Determined Contributions (NDCs), according to a […] Read more
EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects Updated On Fri, Dec 6th, 2019 by Saurenergy EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […] Read more
GM and LG Chem to Mass Produce Battery Cells for Future EVs Updated On Fri, Dec 6th, 2019 by Saurenergy GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […] Read more
