As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
EESL Forges INR 700 Cr Partnerships at 14th Clean Energy Ministerial Meeting Updated On Mon, Jul 24th, 2023 by Saurenergy Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, hosted an event titled “Accelerating India’s Net Zero Transition through Energy Efficiency, Sustainable Cooling & Mobility” during the 14th Clean Energy Ministerial (CEM) meeting in Goa. Stanzin Chosphel, Executive Councillor, Ladakh Autonomous Hill Development Council, Leh; Pradeep Kumar […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Azure Power Announces its New CEO in Sunil Gupta Updated On Wed, Jul 19th, 2023 by Saurenergy Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […] Read more
EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
Head – Sales & Business Development Updated On Thu, Jul 13th, 2023 by Saurenergy The company is looking to recruit an ambitious and energetic Business Development Team Lead , who will help candi to lead the solar revolution. Given that candi is taking solar into a new realm with a new set of tools, the role will require creativity, innovation and a new way of thinking. Job responsibilities:- Team […] Read more
From Potential to Progress: What Does Africa Renewable Energy Journey Look Like? Updated On Thu, Jul 13th, 2023 by Saurenergy With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […] Read more
African Development Bank’s SEFA Provides $7.88 Million Grant for AETC Programme Updated On Thu, Jul 6th, 2023 by Saurenergy The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent. The AETC Programme The Africa Energy Transition Catalyst Programme, also known as AETC, is a program […] Read more
Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion Updated On Tue, Jul 4th, 2023 by Saurenergy Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […] Read more
