EBRD Earmarks 200 Million Euros for Renewables in Kazakhstan Updated On Thu, Oct 5th, 2017 by Saurenergy The EBRD Board of Directors has approved a financing framework of up to €200 million. This will be used to finance primarily private renewable energy projects with a total generating capacity of 300 MW within the next five years. As Kazakhstan prepares to celebrate the 25th anniversary of its independence, the European Bank for Reconstruction […] Read more
Sonnedix Announces Partnership and Acquisition of Controlling Interest in Cox Energy Chile SpA Updated On Wed, Oct 4th, 2017 by Saurenergy As a result of the acquisition, Sonnedix has secured a 20-year off-take commencing in 2022 and the option to acquire a 74 MW solar project that adds to its current development portfolio of more than 250 MW. Sonnedix has announced the acquisition of a controlling interest in Cox Energy Chile SpA and a strategic […] Read more
French companies looking to invest in India in areas of renewables, defense, infrastructure Updated On Fri, Sep 29th, 2017 by Saurenergy A 45-member French delegation from sectors such as transport, logistics, ports & shipping, energy, environment, construction, infrastructure, digital sector, bank, insurance and legal services is in the city. French companies are exploring investment opportunities in India in areas of defence, infrastructure, renewable energy, and waste & water management & recycling. A 45-member French delegation from […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
Shri R K Singh inaugurates workshop on “Waste to Energy” as a part of “Swachchata Hi Sewa” campaign Updated On Tue, Sep 26th, 2017 by Saurenergy Union Minister of State (IC) for Power and New & Renewable Energy, Shri R K Singh has emphasised the need for setting up more waste management plants around the country. Shri Singh said this while inaugurating a Workshop on “Waste to Energy” – Swachchata Se Swachh Urja here today. The workshop was organised by the […] Read more
Let’s Talk Solar Energy Storage Systems Updated On Mon, Sep 25th, 2017 by Saurenergy It is now said to be primitive if we sit with a strong brewed coffee and the board directors of green revolutionaries give a throwback on coal and thermal reserves. Without sharing an anecdote, the facts and figures and latest economics of renewables especially solar has tethered traditional energy production. India has one national grid […] Read more
Mytrah Energy Successfully Raises Rs. 1800 Crore Updated On Tue, Sep 19th, 2017 by Saurenergy The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […] Read more
Indo-Japan Civil Nuclear Pact Will Open a New Chapter in Cooperation of Clean Energy: Modi Updated On Fri, Sep 15th, 2017 by Saurenergy Prime Minister Modi said Indo-Japan ties are not limited to bilateral or regional spheres. It is closely cooperated on key global issues and discussed ways to deepen ties in trade, security and civil nuclear energy. Prime Minister Narendra Modi at a joint press event in Japan said that the civil nuclear pact between India and […] Read more
