IFC Grants $25 Mn to NMB Bank to Boost Green Financing in Nepal Updated On Thu, Jul 2nd, 2020 by Saurenergy IFC is providing a USD 25 million loan to NMB Bank to boost financing for green projects and small and medium enterprises (SMEs) in Nepal The International Finance Corporation (IFC), a member of the World Bank Group, is providing a USD 25 million loan to NMB Bank, one of Nepal’s premier banks, to boost financing […] Read more
Solis Bags All Quality Matters From TÜV Rheinland for its 5G Inverter Updated On Thu, Jul 2nd, 2020 by Saurenergy Solis has been awarded the “All Quality Matters” award for its commercial inverters Solis-(25-50) K-5G in recognition for the outstanding product quality in 2020. The 2020 “All Quality Matters” Solar Congress Award Ceremony, organised by TÜV Rheinland, was recently held in Suzhou, Jiangsu. Chinese inverter major Ginlong Solis has been awarded the “All Quality Matters” […] Read more
UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth Updated On Thu, Jul 2nd, 2020 by Saurenergy The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […] Read more
MNRE Declares March 25-May 31 as Lockdown Period for RE Projects Updated On Thu, Jul 2nd, 2020 by Saurenergy MNRE has clarified that the lockdown period for time extension for renewable energy projects will be considered from March 25, 2020, to May 31, 2020. [Updated July 2, 2020 – 09:15] The Ministry of New and Renewable Energy (MNRE) has issued a new order clarifying that the lockdown period for time extension for renewable energy […] Read more
SECI’s 2 GW ISTS Tender Sees Pricing Records Broken. L1 at Rs 2.36 per unit Updated On Tue, Jun 30th, 2020 by Saurenergy Spanish Developer Solarpack Corporacion Technologica announced itself with a big splash in India with the lowest bid of Rs 2.36 per unit, in the SECI 2 GW ISTS auction (Tranche IX). The auction stood out for the sheer global spread of the bidders, with the lowest 9 bidders coming from Spain, Canada, Italy, UK, and […] Read more
Infigen Nudges Shareholders to Accept $864 mn Takeover bid From Iberdrola Updated On Tue, Jun 30th, 2020 by Saurenergy The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The recommendation came after Iberdrola waived conditions for its […] Read more
Vestas Secures two Wind Orders in Japan and Germany Updated On Tue, Jun 30th, 2020 by Saurenergy Vestas has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. Vestas has announced that it has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. In Japan, the […] Read more
Ireland Forms new Govt – Promising Revolution in Renewables Updated On Tue, Jun 30th, 2020 by Saurenergy After long and difficult political discussions, Ireland has succeeded in forming a new government, which has promised a “revolution” in renewables. After long and difficult political discussions, Ireland has succeeded in forming a new government. The new three-party government coalition between Fianna Fáil, Fine Gael and the Green Party marks unknown territory for Ireland. The […] Read more
PFC, REC may Restrict Funding for Projects Using Chinese Equipment Updated On Tue, Jun 30th, 2020 by Saurenergy The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […] Read more
