I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni Updated On Thu, Feb 27th, 2020 by Saurenergy An independent global infrastructure investment manager I Squared Capital, through its ISQ Global Infrastructure Fund I, has entered into an agreement to divest its entire stake in Chenya Energy to Japanese firm Marubeni Corporation. Chenya Energy, which is currently building the world’s largest floating solar project, is a dedicated solar development, construction and operating company […] Read more
Rio Tinto to Invest $1 Billion to Meet new Climate Change Targets Updated On Thu, Feb 27th, 2020 by Saurenergy Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets and a company […] Read more
Andhra Govt Releases Rs 2,984 Cr to Clear Power Dues Updated On Thu, Feb 27th, 2020 by Saurenergy The Andhra Pradesh government has released Rs 2,984 crore to clear pending dues to solar and wind power generators, central and state generating stations The Andhra Pradesh government on February 26, 2020, released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations, and state generating stations. […] Read more
Uzbekistan Seeking Private Developers for 400 MW Solar Projects Updated On Wed, Feb 26th, 2020 by Saurenergy The Ministry of Energy of Uzbekistan has invited EoI from private developers to build and operate two solar projects worth 400 MW capacity in the country. The Ministry of Energy of Uzbekistan has invited expression of interest (EoI) from private developers to build and operate two solar projects worth a combined 400 MW capacity in […] Read more
Can Privatization Help in Solving Discom Distress? Updated On Wed, Feb 26th, 2020 by Saurenergy India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […] Read more
JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives Updated On Wed, Feb 26th, 2020 by Saurenergy JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […] Read more
Synergy Needed Among Architects, Real Estate Developers, Govt to Deliver Green Buildings: Sanjay Seth Updated On Wed, Feb 26th, 2020 by Saurenergy Synergy is required amongst the architects, the real estate developers and the government to design and deliver green buildings. Green buildings are still perceived to be expensive by the end users. While there have been steps taken to orient the market towards a life-cycle approach in estimating the financial implication of construction, operational savings due […] Read more
Northland Power Expands Offshore Wind Pipeline in Asia Updated On Tue, Feb 25th, 2020 by Saurenergy Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea. Canadian firm Northland Power has announced the signing of an agreement to acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites near Chodo Island, off the south coast […] Read more
Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti Updated On Mon, Feb 24th, 2020 by Saurenergy Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […] Read more