PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
Nordex Reports Order Intake of 2 GW for Second Quarter of 2019 Updated On Wed, Jul 3rd, 2019 by Saurenergy The Nordex Group has received orders for over 2 GW of wind turbines in the second quarter of 2019 for wind farm projects in 12 countries. The Nordex Group has announced keeping in line with its strong order intake performance over recent quarters, it has received orders for over 2 GW of wind turbines in […] Read more
Kerala Begins Groundwork for Ambitious EV Policy Updated On Wed, Jul 3rd, 2019 by Saurenergy After announcing its EV policy late last year, the Kerala government has started to take steps in the direction to make the plan a reality. Kerala Chief Minister Pinarayi Vijayan at the inauguration of a two-day event ‘Evolve: Kerala mobility conference and expo’ announced not only rolling out electric vehicles but under the EV policy […] Read more
Gujarat Targeting 30 GW Renewable Capacity by 2022 Updated On Wed, Jul 3rd, 2019 by Saurenergy Gujarat government plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. In the latest budget announcement, the Gujarat government announced its plans to increase its target for power generation capacity from renewable sources to touch or surpass 30 GW by 2022. The announcement was […] Read more
Himachal Targeting Rs 85K Cr in Funding for RE, Infra and Transport Updated On Wed, Jul 3rd, 2019 by Saurenergy The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore for Renewables, Infrastructure and Transport. The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore and has already succeeded in signing a memorandum of understanding (MoUs) worth Rs 22,964 […] Read more
Enel Begins Construction on 140 MW Wind Farm in South Africa Updated On Wed, Jul 3rd, 2019 by Saurenergy Enel Green Power RSA, has started construction on its 140 MW Garob wind farm located near the town of Copperton in South Africa’s Northern Cape province. Italian energy conglomerate Enel, through its renewable subsidiary Enel Green Power RSA, has started construction on its 140 MW Garob wind farm located near the town of Copperton in […] Read more
Renewable Energy to Lead New Capacity Addition in India: CEA Report Updated On Tue, Jul 2nd, 2019 by Saurenergy India’s green energy addition may constitute over half of India’s capacity addition by 2030 says CEA draft report Solar and wind energy projects may constitute over half of India’s total power capacity of by 2030, according to a draft report by India’s power-planning body, which predicts that the country may surpass its climate goals. The […] Read more
Ørsted Acquires 103 MW Wind Project Through Subsidiary Updated On Tue, Jul 2nd, 2019 by Saurenergy Lincoln Clean Energy, a subsidiary of Ørsted has acquired a 103 MW construction ready wind project in Butte County, South Dakota. Lincoln Clean Energy (LCE), a subsidiary of Ørsted and a leading developer of U.S. renewables, has announced that it has acquired a 103 MW construction ready wind project in Butte County, South Dakota. LCE […] Read more
