EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood Updated On Fri, Jan 24th, 2020 by Saurenergy EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed on a new EUR 50 million programme of financial guarantees aimed at scaling up investment […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
UAE Announces new Funding Agreements under $50 Mn Caribbean RE Fund Updated On Thu, Jan 23rd, 2020 by Saurenergy The UAE-Caribbean RE Fund has entered into the second cycle of its 3-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered into the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and […] Read more
Vestas Receives 60 MW Order With Auction win in Poland Updated On Thu, Jan 23rd, 2020 by Saurenergy Vestas has received a 60 MW order from Eurowind Energy for the Janikowo wind project which will be located in the Kujawsko-Pomorskie Province in Poland. Vestas has received a 60 MW order from Eurowind Energy, a leading developer and operator of sustainable energy projects, for the Janikowo wind project which will be located in the […] Read more
EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India Updated On Thu, Jan 23rd, 2020 by Saurenergy The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […] Read more
Sterlite Power Inks Exclusive Pact with Smart Wires to Bring New Technology for Grid Mgmt Updated On Wed, Jan 22nd, 2020 by Saurenergy With an aim to bring new innovative technology for the Indian electricity market for resourceful grid management, global power transmission assets developer Sterlite Power has entered into an exclusive agreement with California-based Smart Wires. The deal enables the power transmission assets developer to offer Indian utilities with modular power flow control solutions that make transmission […] Read more
NV Energy Invites Bids for Major Addition to Renewable Energy Portfolio Updated On Wed, Jan 22nd, 2020 by Saurenergy NV Energy has issued an RfP to add new renewable energy projects to its portfolio, following up PUCN’s approval of new solar and storage addition in Nevada NV Energy has issued a request for proposals (RfP) to add new renewable energy projects to its portfolio. The announcement comes on the heels of the Public Utilities […] Read more
India has Contributed Least to Global Warming: Piyush Goyal at WEF Meeting Updated On Wed, Jan 22nd, 2020 by Saurenergy Piyush Goyal has said that India has contributed the least to global warming but is still being very responsible for fossil fuels Union Minister for Railways and Commerce, Piyush Goyal has said that India has contributed the least to global warming but is still being very responsible for fossil fuels, while the western world is […] Read more
Bank of America Meets 100% Renewable Electricity Goal a Yr Ahead Updated On Tue, Jan 21st, 2020 by Saurenergy American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying […] Read more