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
Top 10 Solar PV Module Suppliers in India for 2019 Updated On Wed, Jul 8th, 2020 by Saurenergy Here we take a look at the leading solar PV module supplier in India (utility-scale and rooftop projects) for the year 2019. Solar energy has become the leading resource for renewable energy expansion worldwide, and the case is similar in India. Where it now ranks ahead of wind energy, as the leading contributor to India’s […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
ADGM Inks Partnership With IRENA to Promote Sustainable Finance Updated On Tue, Jul 7th, 2020 by Saurenergy ADGM and IRENA have signed an MoU to signify their joint commitment to progressing sustainable finance across the UAE and the wider region. Abu Dhabi Global Market (ADGM), the award-winning international financial centre, and the International Renewable Energy Agency (IRENA), the lead intergovernmental agency for the energy transformation, have signed a Memorandum of understanding (MoU) […] Read more
ADB Becomes Observer for the Network for Greening the Financial System Updated On Tue, Jul 7th, 2020 by Saurenergy ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […] Read more
EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects Updated On Tue, Jul 7th, 2020 by Saurenergy EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […] Read more
Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion Updated On Tue, Jul 7th, 2020 by Saurenergy Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […] Read more
Odisha Targeting 1500 MW of Solar Generation Capacity by 2022 Updated On Tue, Jul 7th, 2020 by Saurenergy Odisha has decided to boost its share of renewable energy with the state government setting a new target of 1500 MW solar power capacity by 2022. The coastal state of Odisha has decided to boost its share of renewable energy with the state government setting a new target of achieving 1500 MW of solar power […] 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
