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
Uzbekistan’s PPP Based 900 MW Solar Tender, Gets IFC Backing Updated On Tue, Oct 22nd, 2019 by Saurenergy Uzbekistan has signed a mandate with IFC, to develop up to 900 MW of solar power through public-private partnerships (PPPs). Uzbekistan is advancing quickly to diversify its energy matrix and meet its target to develop up to 5 gigawatts (GW) of solar power by 2030. The country has signed a mandate with the International Finance […] Read more
Lightsource BP Acquires 300 MW Solar Projects Pipeline in Spain Updated On Thu, Oct 17th, 2019 by Saurenergy Lightsource BP has acquired a 300-MW solar PV project pipeline in Spain from renewable energy firm Forestalia. Lightsource BP, a global leader in the funding, development and long-term operation of solar projects backed by BP, has announced that it has acquired a 300-MW solar PV project pipeline in Spain from renewable energy firm Forestalia. The company in […] Read more
Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific Updated On Wed, Oct 16th, 2019 by Saurenergy UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […] Read more
Can Rooftop Solar be the Game Changer to Achieve India’s Ambitious Solar Target? Updated On Thu, Oct 10th, 2019 by Saurenergy India is on its way to phase out fossil-based energy generation and adopt green energy. The growing population and the need for energy align with India’s transition initiatives, thus satisfying energy demands and in the process reducing the carbon footprint. The country’s per capita energy consumption currently stands close to one-third of the world’s average. […] Read more
Does Solar Rooftop Need to Take a Cue from Compulsory rainwater harvesting? Updated On Wed, Oct 9th, 2019 by Saurenergy After Prime Minister Narendra Modi expressed his concern via ‘Mann Ki Baat’ program about water crisis, rainwater harvesting also become the talk of the town, like solar these days. India has shown massive capacity additions in solar but has fallen behind on its target of achieving 40 GW rooftop solar by 2022. Here’re a few […] 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
ADB Grants $37 Mn for Southeast Asia’s Largest Floating Solar Project Updated On Thu, Oct 3rd, 2019 by Saurenergy ADB has signed an agreement with DHD for the installation of a 47.5 MW floating solar facility which will be the largest such installation in Southeast Asia. The Asian Development Bank (ADB) has signed a USD 37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power (DHD) to finance the installation of a 47.5 […] Read more
AfDB Grants Loan for 18 MW Solar Plus Storage Project in Chad Updated On Thu, Oct 3rd, 2019 by Saurenergy AfDB has approved a loan of 18 million euros for the establishment of the solar plus storage facility of Djermaya in Chad. The African Development Bank (AfDB) has approved a loan of 18 million euros and a Partial Risk Guarantee (GPR), for the establishment of the solar power station of Djermaya in Chad. Storage The […] Read more
