Making Clean Energy a key Part of Global Economic Recovery: IEA Roundtable Updated On Mon, Apr 27th, 2020 by Saurenergy IEA and the Government of Denmark recently hosted a meeting to discuss the importance of making clean energy a key part of the global economic recovery The International Energy Agency (IEA) and the Government of Denmark recently hosted a high-level roundtable meeting in which government ministers and business leaders from around the world discussed the […] Read more
58.1 GW of Renewables Added Since 2014, FDI Reaches $6.1 Bn Updated On Fri, Apr 24th, 2020 by Saurenergy During the last 6 years, the cumulative renewables installed capacity has grown by about 72 percent to 138.9 GW, receiving USD 6.1 billion in FDI The Union Minister of Power and New and Renewable Energy RK Singh has said that during the last 6 years, the cumulative renewables installed capacity in the country has grown […] Read more
Draft Electricity Act (Amendment) Out. Renewables in Focus Updated On Mon, Apr 20th, 2020 by Saurenergy True to the promise made last week, the Power Ministry has released the draft Electricity Act (Amendment) Bill 2020 on 17.4.2020. The draft has given stakeholders 21 days in which to send in their suggestions. The act is of particular significance for the renewable sector, as it promises to tighten up enforcement of orders made […] Read more
IRENA, African Union to Advance Renewable Energy in Response to COVID-19 Updated On Mon, Apr 20th, 2020 by Saurenergy The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […] Read more
Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
BlackRock Raises USD 5.1 Bn for Global Energy & Power Infrastructure Fund III Updated On Thu, Apr 16th, 2020 by Saurenergy BlackRock has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III) BlackRock through its Global Energy & Power Infrastructure Fund (GEPIF) has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III), making it the largest alternative investment fundraise in […] Read more
AIP Invests in Longroad Energy’s 215 MW Solar Assets Updated On Wed, Apr 8th, 2020 by Saurenergy After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […] Read more
Majuperak Enters JVA for Solar Energy Project in Malaysia Updated On Mon, Apr 6th, 2020 by Saurenergy Malaysian investment holding company Majuperak Holdings Berhad (MHB) has entered into a joint venture agreement (JVA) with United Solar Energy to jointly venture into the solar photovoltaic (PV) generating system project using net energy metering scheme in the state of Perak in Malaysia. The company’s wholly-owned subsidiary Majuperak Power Resources has entered into an agreement through via […] Read more
Toyota Launches Renewable Venture With Chubu Electric in Japan Updated On Mon, Apr 6th, 2020 by Saurenergy Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […] Read more
