Renewable Power Capacity in Croatia to Reach 1.9 GW by 2030 Updated On Mon, Nov 25th, 2019 by Saurenergy Croatia has decided to increase the share of renewable energy to 36.4 percent of total consumption by 2030 and is expected to reach 1.9 GW by 2030 The enormous renewable energy potential of Croatia has prompted the government to increase the share of renewable energy in its total energy consumption to 36.4 percent by 2030. […] Read more
Facebook Signs PPA for Procuring 61.6 MW Solar Energy Updated On Sat, Nov 23rd, 2019 by Saurenergy Apex Clean Energy has announced that Altavista Solar has executed a PPA with Facebook for a 61.6 MW portion of the project. Apex Clean Energy has announced that Altavista Solar has executed a power purchase agreement (PPA) with Facebook for a 61.6 MW portion of the project. Altavista Solar will become the first solar energy […] Read more
83.38 GW Renewable Energy Installed till Oct: RK Singh Updated On Fri, Nov 22nd, 2019 by Saurenergy Out of the country’s 175 GW target for renewable energy by 2022, India has installed a total of 83.38 GW by the end of October this year, said RK Singh. This information was given by R.K. Singh, Union Minister of State (IC) New & Renewable Energy, Power and Skill Development and Entrepreneurship, in a written reply […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Shtigen Energy Commissions Armenia’s Largest Commercial PV Project Updated On Tue, Nov 19th, 2019 by Saurenergy Shtigen Energy Systems, one of the leading EPC’s in Armenia, has recently commissioned Armenia’s largest commercial solar power station named ArSun. Furthermore, the 2 MW (AC) photovoltaic (PV) plant, with 2.2 MW (DC) PV panels installed, will supply power to Hrazdan community. This project used latest PV technologies including peak shaving, bifacial half-cut cells etc. […] Read more
NextEra Energy Commissions Shaw Creek Solar Plant in South Carolina Updated On Tue, Nov 19th, 2019 by Saurenergy NextEra Energy Resources has announced the start of operations at its newest solar energy generating facility in South Carolina. NextEra Energy Resources has announced the start of operations at its newest solar energy generating facility, the Shaw Creek Solar Energy Center in Aiken, South Carolina. Shaw Creek is owned and operated by a subsidiary of […] Read more
€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
