CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa Updated On Fri, Jun 17th, 2022 by Saurenergy Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Assam Clears Decks for JV With Neyveli For 1000 MW Solar Power Updated On Mon, Jun 13th, 2022 by Saurenergy The Assam government under Chief Minister Himanta Biswa Sarma continues to move rapidly on scaling up its renewable energy plans. On June 11, the government approved an investment worth Rs 5,000 crore for commissioning and generation of 1,000 MW of solar power in collaboration with Navratna PSU company Neyveli Lignite Corporation, under the aegis of […] Read more
NSEFI Partners with SolarPower Europe For India Specific ‘solar deployment guidelines’ Updated On Fri, Jun 10th, 2022 by Saurenergy The National Solar Energy Federation of India (NSEFI) and SolarPower Europe have jointly published the best practice guidelines for Engineering, Procurement and Construction (EPC) of solar power projects in India. The effort is supported by the ‘EU-India Clean Energy and Climate Partnership.’ The published material – ‘EPC Best Practice Guidelines: India Edition’ – is a […] Read more
SJVN to collaborate with Assam Govt for renewable energy projects Updated On Thu, Jun 9th, 2022 by Saurenergy The Assamese government looks bullish on renewable energy as the state and the entire North East region, always blessed with high potential, finally act on it. In the latest development, Director Finance of Shimla based state owned Satluj Jal Vidyut Nigam (SJVN), Akhileshwar Singh met with the Assam Chief Minister Himanta Biswa Sarma in Guwahati […] Read more
Savannah Energy sings pact with Chad to develop 500 MW renewable projects Updated On Thu, Jun 2nd, 2022 by Saurenergy British energy company Savannah Energy has announced the signing of an agreement with the Ministry of Petroleum and Energy of Chad for the development of up to 500 MW of renewable energy projects. The projects will supply electricity to the Doba Oil Project and the towns of Moundou and Doba in Southern Chad, and the […] Read more
GAIL India To Invest Rs 6,000 Crore In RE Projects For 1 GW Updated On Tue, May 31st, 2022 by Saurenergy State-owned Gail India is going to invest Rs 6,000 crore on renewable energy projects in the next three years. And if required, the investment can go up by an additional Rs 20,000 crore by 2030, according to GAIL India CMD Manoj Jain. Although the plan is to commission 1 GW power from renewable energy within […] Read more
IREDA sanctions Rs 14,000 cr for RE projects in Maharashtra Updated On Mon, May 23rd, 2022 by Saurenergy Renewable energy projects finance company and government owned – Indian Renewable Energy Development Agency Limited (IREDA) – has announced that it has sanctioned loans of Rs 14,445 crore and has already disbursed more than Rs 10,000 crore in Maharashtra for renewable energy projects. IREDA and Mahratta Chamber of Commerce Industries and Agriculture (MCCAI) conducted a […] Read more
British International Investment completes 250 MW RE projects in Pakistan Updated On Fri, May 20th, 2022 by Saurenergy British International Investment (BII) has said that renewable energy projects that have been supported by it with financing for an aggregate capacity of 250 MW in Pakistan have been completed. Habib Yousuf, Country Director for Pakistan at BII and British Deputy High Commissioner to Karachi, Mike Nithavrianakis joined an event marking the occassion. The projects […] Read more
