Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables Updated On Mon, Sep 7th, 2020 by Saurenergy RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […] Read more
WiseEnergy Signs 550 MW Asset Management Contract in India With Actis Updated On Fri, Sep 4th, 2020 by Saurenergy WiseEnergy has formed a partnership in India with Actis to provide comprehensive asset management services for its 550 MWp (400 MW AC) solar portfolio. Solar asset management firm WiseEnergy has announced that it has formed a partnership in India with Actis, one of the largest investors in renewable energy growth markets. The firm has signed […] Read more
Andhra Pradesh to Introduce Agriculture Electricity Cash Transfer Scheme Updated On Wed, Sep 2nd, 2020 by Saurenergy Andhra Pradesh has introduced the Agriculture Electricity Cash Transfer Scheme that will virtually do away with the free power supply to the farming sector. The state government of Andhra Pradesh is all set to introduce the Agriculture Electricity Cash Transfer Scheme from the 2021-22 financial year that will virtually do away with the free power supply to […] Read more
Mahindra Partners With Israel’s REE Automotive to Develop EVs Updated On Thu, Aug 27th, 2020 by Saurenergy Mahindra & Mahindra has inked a pact with Tel Aviv-based REE Automotive to explore the production of commercial EVs. Mahindra & Mahindra (M&M) has announced that it has inked a pact with Tel Aviv-based REE Automotive to explore the production of commercial electric vehicles (EVs). The Mumbai-based firm has signed a memorandum of understanding (MOU) […] Read more
Continued Scaling up of Wind Energy is Critical to Jobs: WindEurope Updated On Mon, Aug 17th, 2020 by Saurenergy With the right regulatory framework in place, wind energy promises immediate and lasting jobs creation to spur the EU economy. In its Recovery Strategy, the EU Commission encouraged the Member States to invest in green and future-proof technologies such as wind. With the right regulatory framework in place, wind energy promises immediate and lasting jobs […] Read more
As BIPV Systems Boom Worldwide, Familiar Challenges in India Updated On Fri, Aug 14th, 2020 by Saurenergy At the much more low key SNEC Shanghai 2020 this year, a light global presence has not deterred China based majors from rolling out their best offerings. Among others, it was interesting to see firms offer up BIPV (Building Integrated Photo Voltaic) options, in anticipation of an expected boom in this segment. In China for […] Read more
Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW Updated On Fri, Aug 14th, 2020 by Saurenergy Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […] Read more
EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge Updated On Wed, Aug 12th, 2020 by Saurenergy EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […] Read more
Brookfield Renewable to Issue Green Bonds Worth $318.75 Mn Updated On Wed, Aug 12th, 2020 by Saurenergy Brookfield Renewable Partners has agreed to issue USD 318.75 million aggregate principal amount of medium-term notes (green bonds). Brookfield Renewable Partners has announced that it has agreed to issue CDN$ 425 million (USD 318.75 million) aggregate principal amount of medium-term notes (green bonds), Series 14, due August 13, 2050, which will bear interest at a […] Read more
