India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target Updated On Thu, Dec 12th, 2019 by Saurenergy RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […] Read more
ReNew Power Partners With GS E&C for Rajasthan Solar Project Updated On Wed, Dec 11th, 2019 by Saurenergy ReNew Power has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar power plant in Rajasthan. ReNew Power has announced that it has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar PV power plant in Rajasthan. GS E&C is South Korea’s […] Read more
Poland to Meet its Renewable Energy Target With Amended Regulation Updated On Tue, Dec 10th, 2019 by Saurenergy The share of RE in power capacity mix of Poland is expected to reach 39.1 percent by 2030 supported by the recently revised renewable energy sources act. The share of renewable energy in the power capacity mix of Poland reached 16.9 percent in 2018 and is expected to reach 39.1 percent by 2030 supported by […] Read more
Renewable Energy Ambition in NDCs Must Double by 2030: IRENA Updated On Mon, Dec 9th, 2019 by Saurenergy Countries are being urged to raise renewable energy ambition and adopt targets to transform the global energy system in the next round of NDCs Countries are being urged to significantly raise renewable energy ambition and adopt targets to transform the global energy system in the next round of Nationally Determined Contributions (NDCs), according to a […] Read more
Tata Power Approved to Procure 150 MW Solar Power at Rs 2.83/kWh Updated On Mon, Dec 9th, 2019 by Saurenergy MERC has approved the petition filed by Tata Power Company Limited – Distribution to procure 150 MW of solar power at a tariff rate of Rs 2.83/kWh The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by Tata Power Company Limited – Distribution (TPC-D) to procure 150 MW of […] Read more
Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […] Read more
Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital Updated On Sat, Dec 7th, 2019 by Saurenergy Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […] Read more
Geronimo Energy Begins Operation on 200 MW South Dakota Wind Farm Updated On Fri, Dec 6th, 2019 by Saurenergy Geronimo Energy has announced the start of the commercial operations for its Crocker Wind Farm, a 200 MW wind energy project located in South Dakota. Geronimo Energy, a wholly-owned subsidiary of National Grid Plc, has announced the start of the commercial operations for its Crocker Wind Farm, a 200 megawatt (MW) wind energy project located […] Read more
BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund Updated On Thu, Dec 5th, 2019 by Saurenergy BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […] Read more