ReNew Commissions First Of 3 ISTS Transmission Projects In Karnataka Updated On Fri, Nov 17th, 2023 by Saurenergy After winning 3 transmission projects in Karnataka to date, ReNew has commissioned the first of those as part of their commitment to build transmission for ~5 GW of wind power, under (Inter State Transmission System) ISTS. Central Transmission Utility (CTU), a Govt. of India owned entity and a wholly owned subsidiary of Power Grid Corporation of […] Read more
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
Blending Finance Is Key to India’s Net Zero Pathway: IFC Report Updated On Wed, Sep 27th, 2023 by Saurenergy A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […] Read more
Rockefeller Foundation Refutes Washington Post Story On India’s ‘Dysfunctional’ Mini-Grids Updated On Tue, Aug 8th, 2023 by Saurenergy Last week, July 31st to be exact, a story in the Washington Post on India’s rural solar mini-grids grabbed a lot of attention. Authored by Karishma Mehrotra, the paper’s South Asia correspondent, the story headlined “India joins rush to renewables, but its rural solar systems fall off grid” was a clear indictment of India’s solar […] Read more
LGIM, NTR Raise €390 Million for Renewables Expansion in Europe Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […] Read more
Saurabh Kumar is Appointed Head of Global Energy Alliance for People and Planet Updated On Thu, Apr 20th, 2023 by Saurenergy The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Saurabh Kumar as the Head of GEAPP in India. GEAPP is an alliance of philanthropy, local entrepreneurs, government, technology, policy, and finance, with a singular focus on solving energy poverty within a green energy transition. Saurabh Kumar brings over 20 years […] Read more
Asian Infrastructure Investment Bank Funds Masdar Solar Projects in Uzbekistan Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of $83.6 million as part of a $396.4 million debt financing to Masdar for the construction of three greenfield solar PV power plants in Samarkand, Djizzakh and Surkhandarya regions of Uzbekistan. Masdar has said that the Asian […] Read more
Irish Firm Aer Soléir to Develop 130 MW Hybrid Project in Spain Updated On Tue, Mar 28th, 2023 by Saurenergy Ireland-based Aer Soléir and Spanish developer Tartessos Power Development have announced the signing of a development services agreement covering the co-development of a hybrid project of more than 130 MW in the Andalucía region of Spain. Aer Soléir is focused on multi-technology renewable energy development, construction and operation with a particular emphasis on utility-scale onshore […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
