North America Solar Tenders Activity Drops 67% in Third Quarter Updated On Thu, Dec 26th, 2019 by Saurenergy Solar tenders activity in the third quarter of 2019 saw 20 tenders announced in North America, marking a drop of 67% over the last four-quarter average of 61 The North America solar technology tenders in the third quarter of 2019 saw 20 tenders announced, marking a drop of 67 percent over the last four-quarter average […] Read more
NTPC Planning to add 10 GW Solar Capacity by 2022 Updated On Thu, Dec 26th, 2019 by Saurenergy NTPC is planning to add 10 GW of solar energy capacity by 2022, which entails an investment of around Rs 50,000 crore, to be funded mainly by green bonds. State-owned power giant NTPC has revealed that it is planning to add 10 GW of solar energy generation capacity by 2022, which entails an investment of around Rs 50,000 crore, to […] Read more
The Potholes of 2019 for India’s Solar Drive Updated On Tue, Dec 24th, 2019 by Saurenergy Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […] Read more
IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania Updated On Tue, Dec 24th, 2019 by Saurenergy IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania The International Finance Corporation (IFC), a member of the World Bank Group, is providing EUR 18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and […] Read more
Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round Updated On Tue, Dec 24th, 2019 by Saurenergy Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […] Read more
Double Standards? Thermal Power Auctions At Rs 4.41 Updated On Tue, Dec 24th, 2019 by Saurenergy In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more
EIB Chief Slams Automakers for Slow Response to Climate Change Updated On Mon, Dec 23rd, 2019 by Saurenergy EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […] Read more
Indian Army Distributes Solar Lanterns in J&K’s Rajouri District Updated On Mon, Dec 23rd, 2019 by Saurenergy As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir (J&K), a defence spokesman has informed. The lanterns were distributed in Kheta Basha […] Read more
