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renewable sources

Baseload Capital Raises $24 Million To Bolster Geothermal Energy

Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […]

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ISA Decides On Solar Facility To Expedite Funding

In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […]

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Sri Lanka will Use $100 Million Indian Credit Line for Rooftop Solar

In the middle of the acute economic crisis and increasing losses to the state electricity distribution entity, the Sri Lankan government has decided to utilise the line of credit worth $100 million granted by India. In July, 2021, India had signed an agreement with Sri Lankan Government to extend a USD 100 million Line of […]

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Ampyr, Shell Energy Collaborate for 1,000 MWh BESS

Ampyr Australia Pty Ltd has announced that it has signed an agreement with energy conglomerate Shell Energy Australia to jointly develop a proposed battery energy storage system strategically located in Wellington called ‘the Wellington BESS’ in Central West New South Wales. Ampyr informed that the target capacity of the Wellington BESS is 500 MW/1,000 MWh […]

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Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund

Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […]

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Business Development Executive (Solar RESCO)

Roles & Responsibilities:- Connect with power consumers on a daily basis to analyze if they are eligible for a Renewable Energy Services Company project, convince and close deal end to end Conduct site surveys for interested power consumers Analyze electricity bills, credit ratings and roof images (through Google) for filtration of clients Preparing financial models […]

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Distribution Sector Reforms Are Key For Growth Of The Sector

Energy firms across the spectrum face the new reality of the energy transition to a higher share for renewable energy. Apraava Energy, formerly CLP India, one of the many firms that have tasked themselves with the task to make the shift as smoothly as possible. SaurEnergy got responses from Naveen Munjal, Director Business Development and […]

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Mumbai CSIMA Among India’s 100% Green Airport

The first airport in India to have hybrid technology that only uses green energy as of April 2022, Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSIMA) is now among India’s 100% ecologically sustainable airports. As part of its attempts to lessen its carbon footprint and advance toward “Net Zero” emissions, the CSMIA meets all of its […]

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Indian Railways Eyes Net Zero Carbon Emissions By 2030

According to the recently released statement by the Ministry of Railways, the Indian Railways intends to attain net-zero carbon emissions by 2030, while also concentrating on expanding network capacity. According to the Ministry, Indian Railways has a goal to steadily reduce its carbon impact and achieve net zero emissions by 2030. As per the report, […]

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