HSBC Launches ‘Green Deposit’ for Financing Green Projects in India Updated On Fri, Aug 21st, 2020 by Saurenergy HSBC has launched its Green Deposit programme in India, which will enable the bank’s clients to support green and sustainable projects. British financing institution – HSBC has announced the launch of its Green Deposit programme in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s […] Read more
Capital Dynamics to Develop 9 Battery Storage Systems in California Updated On Thu, Aug 20th, 2020 by Saurenergy Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system […] Read more
MERC Rejects Grace Period Sought by 28 RE Generators Updated On Mon, Aug 17th, 2020 by Saurenergy Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […] Read more
SIGECO Issues 2nd RFP Targeting Wind, Solar & Solar + Storage Updated On Thu, Aug 13th, 2020 by Saurenergy CenterPoint Energy’s Indiana-based electric and gas business, SIGECO is opening a new RFP to seek a combination of wind, solar and solar + storage resources CenterPoint Energy has announced that its Indiana-based electric and gas business, Southern Indiana Gas and Electric Co (SIGECO) is opening a new request for proposals (RFP) to seek a combination of wind, […] Read more
FTI and TERI Partner on Hydrogen Research, RE in India Updated On Tue, Aug 11th, 2020 by Saurenergy FTI Consulting and TERI have signed a policy and economic research partnership focussing on the hydrogen economy, carbon capture and RE in India. FTI Consulting and The Energy and Resources Institute (TERI) have announced a policy and economic research partnership focussing on the hydrogen economy, carbon capture and renewable energy (RE) in India. The joint […] Read more
Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019 Updated On Fri, Aug 7th, 2020 by Saurenergy Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […] Read more
J-Power, SPDI, Avondale & AP Solar to Develop 400 MW Solar Project in Texas Updated On Thu, Aug 6th, 2020 by Saurenergy J-POWER USA, SPDI, Avondale Solar and AP Solar have agreed to jointly develop Charger Solar, a 400 MW ac solar project located in Refugio County, Texas. J-POWER USA, a subsidiary of Tokyo-based J-Power, Solar Plus Development Inc (SPDI), a subsidiary of Plus Renewable, Avondale Solar and AP Solar, a joint venture company between Plus and Avondale, have […] Read more
GE Joins 500 MW Pumped Hydro Storage Project in Australia Updated On Wed, Aug 5th, 2020 by Saurenergy GE Renewable Energy and Walcha Energy will jointly develop the 500 MW Dungowan pumped hydro storage project in the New England REZ in NSW, Australia. GE Renewable Energy and Walcha Energy have signed an agreement to jointly develop the 500 MW Dungowan pumped hydro storage project in the New England Renewable Energy Zone (REZ) in […] Read more
Solar Industry Paving Way Forward For Circular Economy Updated On Fri, Jul 31st, 2020 by Saurenergy Darshika Gupta, a mechanical engineer by training and part of the business development team at the Commercial and Industrial division of Amplus Solar, makes a case for the need to shift to a circular economy. The expansion of the global renewable energy (RE) sector has been evident in recent years, improving energy security by decreasing […] Read more