Engie Sells 49% Share in its 2.3 GW US Renewables Portfolio Updated On Thu, Jul 2nd, 2020 by Saurenergy Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong, a leading investor in climate change solutions. […] Read more
The Case for Mini Grids Stronger Than Ever, Says Global Report Updated On Thu, Jul 2nd, 2020 by Saurenergy A new report launched yesterday (July 1), State of The Global Mini-Grids Market Report 2020 has delved deeply into the present, potential, and obstacles to further growth of mini-grids around the world. For its research and conclusions, the report focused on mini-grids in Sub-Saharan Africa, Asia, and small island nations. Created for the Mini Grids […] Read more
IFC Grants $25 Mn to NMB Bank to Boost Green Financing in Nepal Updated On Thu, Jul 2nd, 2020 by Saurenergy IFC is providing a USD 25 million loan to NMB Bank to boost financing for green projects and small and medium enterprises (SMEs) in Nepal The International Finance Corporation (IFC), a member of the World Bank Group, is providing a USD 25 million loan to NMB Bank, one of Nepal’s premier banks, to boost financing […] Read more
Solis Bags All Quality Matters From TÜV Rheinland for its 5G Inverter Updated On Thu, Jul 2nd, 2020 by Saurenergy Solis has been awarded the “All Quality Matters” award for its commercial inverters Solis-(25-50) K-5G in recognition for the outstanding product quality in 2020. The 2020 “All Quality Matters” Solar Congress Award Ceremony, organised by TÜV Rheinland, was recently held in Suzhou, Jiangsu. Chinese inverter major Ginlong Solis has been awarded the “All Quality Matters” […] Read more
UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth Updated On Thu, Jul 2nd, 2020 by Saurenergy The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […] Read more
Yulu Secures Rs 30 Crore Funding Led by VC Firm Rocketship Updated On Wed, Jul 1st, 2020 by Saurenergy EV micro-mobility service provider Yulu has secured a fresh infusion of Rs 30 crores in equity funding led by US-based Rocketship and existing investors. Electric micro-mobility service provider Yulu recently announced that it has secured a fresh infusion of Rs 30 crores in equity funding led by US-based VC firm Rocketship and existing investors. The new investment received during the COVID-19 crisis, […] Read more
Vestas Secures two Wind Orders in Japan and Germany Updated On Tue, Jun 30th, 2020 by Saurenergy Vestas has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. Vestas has announced that it has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. In Japan, the […] Read more
Ireland Forms new Govt – Promising Revolution in Renewables Updated On Tue, Jun 30th, 2020 by Saurenergy After long and difficult political discussions, Ireland has succeeded in forming a new government, which has promised a “revolution” in renewables. After long and difficult political discussions, Ireland has succeeded in forming a new government. The new three-party government coalition between Fianna Fáil, Fine Gael and the Green Party marks unknown territory for Ireland. The […] Read more
PFC, REC may Restrict Funding for Projects Using Chinese Equipment Updated On Tue, Jun 30th, 2020 by Saurenergy The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […] Read more
