ISA spreads out. To take Reinvest Global with Sun World Name Updated On Mon, Apr 22nd, 2019 by Saurenergy The International Solar Alliance (ISA), India’s biggest global multilateral initiative ever that is also headquartered in India, is set to spread out globally, with RE-Invest the flagship ministry event moving out under it to Peru this year. The Re-Invest Event completed its second edition in October last year, when it was held near the capital […] Read more
Europe Invested EUR 27 Billion in New Wind Farms Last Year Updated On Mon, Apr 22nd, 2019 by Saurenergy Europe invested EUR 27 bn in new wind farms in 2018, which will finance a record amount of future new wind energy capacity. According to WindEurope’s annual Financing and Investment Trends report, the amount invested is similar to previous years. But, with cost reduction, especially in the offshore wind segment, the investments will finance a […] Read more
India’s Growing Economy Will Continue to Attract Global Investors Updated On Mon, Apr 22nd, 2019 by Saurenergy India, the sixth largest producer of renewable energy in the world will continue to grow robustly at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. India’s growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure and technology collaboration with the country, […] Read more
Engie Begins Work on Jumbo Hill Wind Project in Texas Updated On Mon, Apr 22nd, 2019 by Saurenergy With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […] Read more
Vikram Solar Expects the Solar Sector to Bare No Impact of the General Elections Updated On Thu, Apr 18th, 2019 by Saurenergy Amit Gupta, Director – Legal and Corporate affairs, Vikram Solar gives his take on whether the ongoing general election will have any impact on the solar sector. Vikram Solar, the West Bengal-based solar solutions provider has come out and said that it expects the solar sector to stay unaffected by the general elections. “In our […] Read more
Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States Updated On Thu, Apr 18th, 2019 by Saurenergy The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […] Read more
Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale Updated On Thu, Apr 18th, 2019 by Saurenergy Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […] Read more
Germany Brings Online Largest Offshore Wind Farm in the Baltic Sea Updated On Wed, Apr 17th, 2019 by Saurenergy Arkona started its power supply to the German national grid in September 2018, and its 60 wind turbines, each producing six megawatts, reached peak production in 2019 Chancellor of Germany Angela Merkel and Norwegian petroleum and energy minister Kjell-Børge Freiberg opened the Arkona offshore wind farm in the Baltic Sea in Mukran on the German […] Read more
ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
