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
R K Singh Pushes For Clean Energy in Meeting With Gencos Updated On Fri, Jun 14th, 2019 by Saurenergy R K Singh recently held a meeting to address implementation issues regarding thermal power stations to reduce emissions and made a case for clean energy. Re-elected Power and New and Renewable Energy Minister, R K Singh, recently held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of […] Read more
Bihar CM: Install Solar Panels on Government Buildings Updated On Thu, Jun 13th, 2019 by Saurenergy In a bid to promote renewable sources of energy, chief minister Nitish Kumar on June 12, 2019 issued a directive for the installation of solar plates on all government buildings and offices in the state from this year. Chairing a meeting to review presentations on various schemes of the energy department, the CM said there […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
The Auto Industry Plays the Job card To Get A Greater Say in EV Roadmap Updated On Mon, Jun 10th, 2019 by Saurenergy India’s Auto Industry, stuck in a what seems to be a global slowdown for sales and growth in passenger vehicles, has fallen back on the risk of massive job losses and worse to push for a greater say in the government’s EV policy. At a time when the industry seems ill-equipped to adapt fast enough […] Read more
Sungrow Announces Expansion of Its Product Portfolio at SNEC Updated On Thu, Jun 6th, 2019 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, presented its latest products and solutions at SNEC 2019 in Shanghai. Sungrow, the global leading inverter solution supplier for renewables, presented its latest products and solutions at SNEC 2019 in Shanghai, China, illustrating the unrivaled access to the maximized added value for the customers and unleashing informative […] Read more
Scatec Solar Begins Construction on 148 MW Solar Plant in Ukraine Updated On Wed, Jun 5th, 2019 by Saurenergy Scatec Solar has announced that it has begun construction work on the 148 MW Progressovka solar project in Ukraine. The project will be realised in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project in Ukraine, while Scatec Solar will be the […] Read more
IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
US Ends Preferential Trade Treatment, Solar Exports From India to Bear 25% Safeguard Duty Updated On Mon, Jun 3rd, 2019 by Saurenergy The decision is set to put additional tariffs burden of over $300 million on the American businesses every year, including solar exports from India which are expected to incur a safeguard duty of 25 percent. In a major blow to India’s newly elected government, the Trump administration has terminated India’s designation as a beneficiary developing […] Read more
