Financing Global Energy Transformation Through Green Bonds: IRENA Updated On Thu, Mar 5th, 2020 by Saurenergy IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […] Read more
Glidepath Ventures Sells Solar Project Portfolio Worth 887.5 MW Updated On Thu, Mar 5th, 2020 by Saurenergy Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the PJM Interconnection Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the regional transmission area PJM Interconnection (PJM) to a leading clean energy-focused development and investment firm. […] Read more
Southern Railways Granted Net Metering for 4 MW Rooftop Solar Project Updated On Thu, Mar 5th, 2020 by Saurenergy TNERC has directed TANGEDCO to provide Southern Railways with net metering connections for its 4 MW of rooftop solar projects. The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has directed state Discom Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to comply with the state’s solar energy policy and provide Southern Railways with […] Read more
UK the Global Hotspot, but Offshore Wind Potential is Spread Globally Updated On Thu, Mar 5th, 2020 by Saurenergy The UK has cemented its status as the global market leader in offshore wind, according to an analysis which puts it on top, followed by Taiwan and the US The United Kingdom (UK) has cemented its status as the global market leader in offshore wind, according to an analysis released by the Renewables Consulting Group […] Read more
IFC Invests $200 Mn in Africa’s Largest Green Bond Updated On Thu, Mar 5th, 2020 by Saurenergy IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […] Read more
Power Trade at IEX Grew by 57% in February, REC Sales Increased Updated On Thu, Mar 5th, 2020 by Saurenergy The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […] Read more
Rosatom’s 1st and Russia’s Largest Wind Farm Begins Supplying Electricity Updated On Thu, Mar 5th, 2020 by Saurenergy The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market. The Adygea Wind Warm is the first completed project of NovaWind JSC (the ROSATOM division […] Read more
Siemens Gamesa Bags Turbine Order for 1.1 GW Offshore Wind Projects Updated On Thu, Mar 5th, 2020 by Saurenergy Ørsted has conditionally named Siemens Gamesa as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW Ørsted has conditionally named Siemens Gamesa Renewable Energy as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW (1.142 MW). At […] Read more
Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […] Read more
