OLADE, IRENA put RE at Heart of Economic Recovery in LAC Updated On Thu, Jul 9th, 2020 by Saurenergy IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […] Read more
Nearly 14 GW of Wind Turbine Capacity Ordered Globally in Q1 2020: WoodMac Updated On Thu, Jul 9th, 2020 by Saurenergy Q1 2020 saw nearly 14 GW of wind turbine capacity ordered globally, the second-highest first quarter on record, and equates to USD 13.4 billion. The first quarter (Q1) of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated USD 13.4 […] Read more
Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA Updated On Wed, Jul 8th, 2020 by Saurenergy Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […] Read more
CleanMax Receives Financing From GCPF for Southeast Asia Expansion Updated On Wed, Jul 8th, 2020 by Saurenergy GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first. The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand […] Read more
L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB Updated On Wed, Jul 8th, 2020 by Saurenergy L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […] Read more
bp Commits USD 70 Million in India’s Green Growth Equity Fund Updated On Wed, Jul 8th, 2020 by Saurenergy bp will invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund is focused on identifying & investing in green energy solutions. Multinational oil and gas company – bp, has announced that it intends to invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund, […] Read more
Adani Transmission Acquires Alipurduar Transmission From Kalpataru Updated On Tue, Jul 7th, 2020 by Saurenergy Adani Transmission has signed definitive agreements with Kalpataru Power Transmission Ltd for acquiring Alipurduar Transmission for around Rs 1,286 crore. Adani Transmission Ltd (ATL), one of India’s largest private sector power transmission companies, has signed definitive agreements with Kalpataru Power Transmission Ltd (KPTL) for acquiring Alipurduar Transmission Ltd in a manner consistent with Transmission Service Agreement and […] Read more
5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA Updated On Tue, Jul 7th, 2020 by Saurenergy According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […] Read more
