Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm Updated On Thu, Mar 12th, 2020 by Saurenergy EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […] Read more
GE to Supply Cypress Units for 70 MW Guney Wind Farm in Turkey Updated On Thu, Mar 12th, 2020 by Saurenergy GE Renewable Energy has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the 70 MW Guney wind farm in Turkey. GE Renewable Energy has announced that it has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the […] Read more
Iberdrola Takes 100% Ownership in 496 MW Offshore Wind Project Updated On Wed, Mar 11th, 2020 by Saurenergy Iberdrola has assumed 100 percent ownership of Ailes Marines, which is developing, constructing & operating the 496 MW Saint-Brieuc offshore wind farm in France. Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100 percent ownership of Ailes Marines. The company is developing, constructing and operating […] Read more
CDPQ Increases Stake, now Majority Stakeholder in Azure Power Updated On Wed, Mar 11th, 2020 by Saurenergy Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […] Read more
Fourth Partner Energy Gets Funding for Power@1 Prog via Grameen Impact’s 1st Clean Energy Bond Updated On Sat, Mar 7th, 2020 by Saurenergy Fourth Partner Energy, a company having a strong presence in the distributed solar energy sector, has recently secured funding through Grameen Impact’s first clean energy bond for its Power@1 initiative. With an aim to address the Sustainable Development Goals (SDG), Grameen Impact Investments India (Grameen Impact) has launched its ‘POWER’ SDG#7 Impact Bond under the […] Read more
Govt Extends Phase-II of Atal Jyoti Yojana Till Mar 2021; EESL to Float New Tender Updated On Fri, Mar 6th, 2020 by Saurenergy After subdued progress in the installation of solar street lights, the Government has extended the second phase of its Atal Jyoti Yojana (AJAY) for a period of one year till March 31, 2021. The move came after the instructions issued by the Finance Ministry’s Expenditure Department on continuation and extension of public funded ongoing schemes. […] Read more
Centrica and VW Announce EV Enablement Partnership in UK Updated On Thu, Mar 5th, 2020 by Saurenergy Centrica, Volkswagen (VW) set to accelerate EV adoption across the UK, after agreeing on a 3-year partnership to provide home charging solutions for new owners Centrica, the UK’s biggest energy company, and the Volkswagen Group (VW), one of the world’s leading automotive manufacturers, are set to accelerate EV adoption across the UK, after agreeing a three-year […] Read more
Financing Global Energy Transformation Through Green Bonds: IRENA Updated On Thu, Mar 5th, 2020 by Saurenergy IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […] Read more
