Siemens Gamesa Begins Negotiations for Senvion’s European Assets Updated On Mon, Sep 16th, 2019 by Saurenergy Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […] Read more
Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan Updated On Mon, Sep 16th, 2019 by Saurenergy EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […] Read more
SECI Signs PSA’s Worth 930 MW With Multiple State Discoms Updated On Fri, Sep 13th, 2019 by Saurenergy SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […] Read more
MNRE Postpones its Flagship Event ‘RE-Invest’ Indefinitely Updated On Fri, Sep 13th, 2019 by Saurenergy MNRE postpones the 3rd Global RE-Invest Meet, which was to be inaugurated by Narendra Modi on October 30. The Ministry of New and Renewable Energy (MNRE) has announced via a notification that it has postponed the 3rd Global Renewable Energy Investors’ (RE-Invest) Meet, which was to be inaugurated by Prime Minister Narendra Modi on October […] Read more
Volkswagen Unveils Its Affordable Electric Car ID.3 Updated On Thu, Sep 12th, 2019 by Saurenergy The electric car Volkswagen ID.3, which first made an appearance as a concept car in September 2016 at the Paris motor show has come a long way as the parent company is all set to start production of this electric car and launch it next year. The German carmaker and one of the world’s leading […] Read more
JERC Sets Generic Tariff for Renewable Energy Projects Updated On Thu, Sep 12th, 2019 by Saurenergy JERC has issued the generic tariff applicable for renewable energy projects for the financial year 2019-20. The Joint Electricity Regulatory Commission (JERC) for the state of Goa and the Union Territories has issued the generic tariff applicable for renewable energy projects for the financial year 2019-20. The commission has pointed out in its final order that […] Read more
EDP Issues EUR 600 Million Green Bond Updated On Thu, Sep 12th, 2019 by Saurenergy EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […] Read more
Neoen to Build Renewable Super Hub in South Australia Updated On Thu, Sep 12th, 2019 by Saurenergy Neoen has unveiled its plans for a massive new renewable super hub in South Australia featuring wind, solar and battery storage facilities. Neoen Australia, a subsidiary of French renewable energy producer Neoen, and the company that operates the world’s largest Lithium-ion battery has unveiled its plans for a massive new renewable super hub in South […] Read more