EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
IEEFA Report on Pumped Hydro Storage in India Updated On Thu, Oct 10th, 2019 by Saurenergy Five years ago, India committed to an ambitious transformational target of 275 gigawatts (GW) of renewable energy installations by 2027. The target for new installs of 30-40 GW annually puts India on track to be one of the largest developers of renewables globally, potentially second only to China. To do this, India must continue to […] Read more
World Bank Supports Mali’s RE Transition With $22.7 Mn Financing Updated On Wed, Jul 24th, 2019 by Saurenergy The World Bank has approved a $22.7 million financing to support Mali’s efforts to improve access and promote the deployment of renewable energy. The World Bank’s Board of Executive Directors has approved a $22.7 million financing to support Mali’s efforts to improve access to modern services and promote the deployment of renewable energy in rural […] Read more
IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
Integrating Wind & Solar in Existing Grid Effectively Updated On Sat, Jul 20th, 2019 by Saurenergy The green initiatives in Union budget 2019 focus on renewable energy, air pollution, water, and solid waste management for a sustainable future. That makes the integration of renewable energy like solar and wind in existing national grid a must to achieve India’s target of 175GW in renewable energy capacity by 2022. But the variability and […] Read more
Govt Planning To Open 50-GW Battery Manufacturing Tenders Updated On Tue, Jun 11th, 2019 by Saurenergy Two months after the cabinet okayed the National Mission on Transformative Mobility and Battery Storage, the govt is in the process to open tenders to set up 50-GW battery manufacturing base in India The government is planning to issue tenders inviting companies to set up 50-GW battery manufacturing base in India soon. This will form […] Read more
ISA Invites Bids For Development of Solar PV Projects in Member Countries Updated On Mon, Jun 3rd, 2019 by Saurenergy The International Solar Alliance (ISA), a treaty-based inter-governmental organisation which specialises in implementing programmes in the field of solar energy has invited bids for the development of solar PV projects including rooftop PV solar capacity in its member countries. The organisation issued a call for bids after receiving a proposal from state-owned power generator NTPC […] Read more
ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
PGCIL Proposes Evacuation System For Potential Solar, Wind Farms in the Western Zone Updated On Fri, May 17th, 2019 by Saurenergy The Powergrid Corporation of India (PGCIL) recently came up with a detailed proposal for developing a transmission system for the evacuation of power from potential solar and wind energy zones in the western region. The corporation agreed on the proposal during the first Western Region Standing Committee on Transmission (WRSCT) meeting. Subsequently, a petition was […] Read more
