EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
Asia Could Become the Dominant Market for Wind Energy: IRENA Updated On Mon, Oct 21st, 2019 by Saurenergy Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […] Read more
Spain’s Ingeteam Secures R&D Loan from EIB Updated On Fri, Oct 18th, 2019 by Saurenergy EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […] Read more
Significant Uncertainty Over Growth of Wind Energy in Europe: Report Updated On Fri, Oct 11th, 2019 by Saurenergy There is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. A new report has revealed that there is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. WindEurope’s latest ‘Wind Energy Outlook to 2023’ states that if Governments […] Read more
Urja Global to Raise $500 mn for Financing EVs and Green Projects Updated On Fri, Oct 4th, 2019 by Saurenergy Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […] Read more
Corporate Renewable Purchases Key to Meeting Europe’s RE Target Updated On Thu, Oct 3rd, 2019 by Saurenergy Europe has set a target that 32 percent of its energy should come from renewable energy by 2030 and corporates can play a big role in meeting this target. Europe has set a target that 32 percent of its energy should come from renewables by 2030, up from 17.5 percent at present. And, corporates are […] Read more
GE Delivers Corporate Wind PPA for Google in Sweden Updated On Tue, Oct 1st, 2019 by Saurenergy GE Renewable Energy has announced the signing of a Corporate PPA to sell energy from the Björkvattnet Onshore Wind Farm in Sweden to Google GE Renewable Energy has announced the signing of a Corporate Power Purchase Agreement (PPA) to sell energy from the Björkvattnet Onshore Wind Farm in Sweden to Google. GE Renewable Energy originated […] Read more
Distributed RE Start-Ups Left out to Participate in Schemes Like KUSUM Updated On Fri, Sep 27th, 2019 by Saurenergy The eligibility criteria of government scheme KUSUM has been the biggest deterrent for the Distributed RE start-ups to participate in the tendering process The latest report by Delhi-based non-government organization Clean Energy Access Network or CLEAN provided some pretty interesting insights about the Decentralized renewable energy (DRE) and small- and medium-sized enterprises doing business in […] Read more
Waaree Expands Module Manufacturing Capacity to 2 GW Updated On Tue, Sep 24th, 2019 by Saurenergy With this, it has now upgraded its module production capacity to 5.7 MW per day. With an aim to further expand its wings to achieve higher targets, country’s one of the leading PV module maker and EPC services provider, Waaree Energies has recently expanded its Gujarat based module manufacturing capacity to 2 GW from the […] Read more