AIIB Will Support 10 GW Renewables Energy in Egypt Updated On Wed, Nov 23rd, 2022 by Saurenergy Global financial institutions are playing their role to the tee for the development and fast expansion of renewables at COP27. In another such initiative, the Asian Infrastructure Investment Bank (AIIB) has announced that it has joined development partners in signing a partnership agreement with Egypt to jointly support the country’s efforts to boost renewable energy […] Read more
RGreen Infuses EUR 250 million in Israel’s Econergy Renewable Updated On Mon, Nov 21st, 2022 by Saurenergy RGreen Invest, the French Asset Manager, has announced that it has taken its partnership with Israel-based Econergy Renewable Energy further with an additional EUR 87.5 million investment. In total, RGreen is investing EUR 250 million in Econergy. The additional capital will be invested in the form of equity that will help Econergy to swell its RE projects’ […] Read more
Coal Firm Anglo American Secures 100% Renewable Electricity for Australian Ops Updated On Thu, Nov 17th, 2022 by Saurenergy Mining conglomerate Anglo American has said that it has sourced the supply of 100% renewable electricity for its operations in Australia from 2025, agreeing terms for a 10-year partnership with Stanwell Corporation, the Queensland Government-owned provider of electricity and energy solutions. Anglo American said that the deal will effectively remove all Scope 2 emissions from […] Read more
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
Indonesia Inks JETP Deal for $20 Billion Investment in Renewables at G-20 Updated On Thu, Nov 17th, 2022 by Saurenergy At the mega meet of the G-20 countries in Bali, host Indonesia has inked deals with major countries and international institutions to attract some $20 billion to help the Southeast Asian country increase the use of renewable energy and reduce reliance on coal. The agreement is called ‘Just Energy Transition Partnership,’ or JETP that will […] Read more
ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant Updated On Wed, Nov 16th, 2022 by Saurenergy Renewable energy conglomerate, ReNew Power and the Egyptian government have signed a framework agreement for the construction of an $8 billion green hydrogen plant in the Suez Canal Economic Zone. The green hydrogen production capacity of the plant is anticipated to be 220,000 tonnes per year. Following the Memorandum of Understanding (MoU) signed in July […] Read more
EY Index Says Volatile Conditions Accelerate Global Renewables Market Updated On Wed, Nov 16th, 2022 by Saurenergy EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […] Read more
A South American Success Story In Renewables – Chile Updated On Wed, Nov 16th, 2022 by Saurenergy South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […] Read more
Sun Cable, Indonesian Govt Sign MoU To Unlock $150 Billion In Renewable Potential Updated On Tue, Nov 15th, 2022 by Saurenergy Australian solar and storage developer Sun Cable, which has been in the limelight for its massive plans to export renewable power generated in Australia to Singapore through a trans ocean power line, has entered into an MoU with the Indonesian government now, to unlock more than $150 billion in green industry growth in the archipelago. […] Read more
