IREDA Inks Rs. 4,445 Cr Loan Pact with SJVN Green Energy for 1 GW Solar Power Project Updated On Thu, Dec 15th, 2022 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA) has joined hands with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) for a 1,000 MW Solar power project at Bikaner, Rajasthan. The agreement is worth Rs. 4,444.71 crore. The project funded by IREDA will connect to 400/220 KV substation Bikaner-II (near Bikaner). The project […] Read more
Columbia Center Report on Renewables Investment To Developing Countries Updated On Wed, Dec 14th, 2022 by Saurenergy Two new reports on the factors that encourage and obstruct investment in renewable energy in developing nations were just released by the Columbia Center on Sustainable Investment (CCSI). In the first report, “Scaling Investment in Renewable Energy Generation to Achieve Sustainable Development Goals 7 (Affordable and Clean Energy) and 13 (Climate Action) and the Paris […] Read more
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World Updated On Wed, Dec 14th, 2022 by Saurenergy Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […] Read more
Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
South Africa Secures 975 MW of Solar Energy PPAs in 5th Tender Updated On Tue, Dec 13th, 2022 by Saurenergy South Africa seems to be gaining speed on renewables. The country has authorized power purchase agreements (PPAs) for a capacity of 975 MW of renewable energy projects under the ongoing Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The official statement of the government read, “Bid Window 6 asked for new generation capacity of 4,200 […] Read more
NIIFL Signs Agreement with Tamil Nadu for Renewable Energy Projects Updated On Tue, Dec 13th, 2022 by Saurenergy The National Investment and Infrastructure Fund Ltd (NIIFL) has announced that it has signed an MoU with the Tamil Nadu Infrastructure Development Board (TNIDB) to attract investment in infrastructure development in the southern state. This will also include attracting commercial capital in the renewable energy sector. The State Government of Tamil Nadu has set up […] Read more
United Nations Donates $10 Million for Renewables to Support Zimbabwe Updated On Mon, Dec 12th, 2022 by Saurenergy Just when Zimbabwe has been facing acute power shortages and prolonged darkness hampering the economic activities and the quality of life of the citizens, the United Nations (UN) has made a donation of $10 million to the African country to finance the development of renewable energy projects. The donation is to enable Zimbabwe to come […] Read more
Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security Updated On Mon, Dec 12th, 2022 by Saurenergy Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […] Read more
IIT Madras, Deakin University to Launch Australia-India Centre for Energy (AICE) Updated On Fri, Dec 9th, 2022 by Saurenergy India and Australia are knitting their interests quite strongly when it comes to the development in the field of renewable energy. In a key development, Australia’s Deakin University has announced that it has partnered with the Indian Institute of Technology (IIT) Madras for the launch of an Australia-India Centre for Energy (AICE). The AICE virtual […] Read more
