AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding Updated On Mon, Jul 15th, 2019 by Saurenergy AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
GE Renewable Energy Selected for 220 MW Wind Farm in Poland Updated On Fri, Jul 12th, 2019 by Saurenergy GE Renewable Energy has been selected to power the 220 MW Potegowo Wind Project in Poland. GE Renewable Energy has announced that it will provide 81 onshore wind turbines to power the 220 MW Potegowo Wind Project in Slupsk County, Northern Poland. This is the first project between GE Renewable Energy and Potegowo Mashav. With […] Read more
Green Energy Investments Drop in First Half of 2019: Report Updated On Fri, Jul 12th, 2019 by Saurenergy According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […] Read more
UK Govt to Invest £37 Mn in EV Charging Infrastructure Updated On Thu, Jul 11th, 2019 by Saurenergy The UK government has announced that it is investing £37 million into British engineering to transform electric charging infrastructure The British government has announced that it is investing £37 million into British engineering to transform electric charging infrastructure, revolutionising the experience for the record levels of ultra-low emission vehicle drivers on the UK roads. Twelve projects […] Read more
Sembcorp Planning Rs 516.9 Cr Equity Infusion to Support RE Push Updated On Thu, Jul 11th, 2019 by Saurenergy Sembcorp has announced the infusion of equity worth Rs 516.9 crore into SEIL to support its renewable energy business in India. Sembcorp Industries has announced the infusion of equity worth Rs 516.9 crore into its India arm Sembcorp Energy India (SEIL) to support its renewable energy business in the country. The equity injection is funded through a mix […] Read more
Vattenfall and ORE Catapult Launch £1.5 Mn Offshore Testing Programme Updated On Wed, Jul 10th, 2019 by Saurenergy A new £1.5 million programme from Vattenfall and ORE Catapult is offering testing for products and services for the offshore wind market A new £1.5 million programme from Vattenfall and ORE Catapult is offering UK innovators that are developing products and services for the offshore wind market the opportunity to test and demonstrate them on […] Read more
SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms Updated On Wed, Jul 10th, 2019 by Saurenergy SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […] Read more
E.ON To Switch On Renewable Energy for 3 Mn UK Customers Updated On Wed, Jul 10th, 2019 by Saurenergy German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […] Read more