EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant Updated On Wed, Jul 17th, 2019 by Saurenergy EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years Updated On Fri, Jul 12th, 2019 by Saurenergy The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
Singapore Floats Tender for 50 MW Floating Solar Projects Updated On Fri, Jul 12th, 2019 by Saurenergy The Public Utilities Board of Singapore has invited bids from eligible parties for the development of a 50 MW floating solar plant on the Tangeh Reservoir. The Public Utilities Board of Singapore (PUB), the country’s national water agency has invited bids from eligible parties for the development of a 50 MW floating solar plant on […] Read more
BMW Donates 100 EV Charging Stations to National Parks Updated On Thu, Jul 11th, 2019 by Saurenergy BMW has completed its project to install EV charging stations and donate 100 EV Charging stations for the national parks in the US. BMW has announced the completion of a project in collaboration with the National Park Foundation, National Park Service, and the US Department of Energy to install EV charging stations around the national […] Read more
Sembcorp Planning Rs 516.9 Cr Equity Infusion to Support RE Push Updated On Thu, Jul 11th, 2019 by Saurenergy Sembcorp has announced the infusion of equity worth Rs 516.9 crore into SEIL to support its renewable energy business in India. Sembcorp Industries has announced the infusion of equity worth Rs 516.9 crore into its India arm Sembcorp Energy India (SEIL) to support its renewable energy business in the country. The equity injection is funded through a mix […] Read more
Vattenfall and ORE Catapult Launch £1.5 Mn Offshore Testing Programme Updated On Wed, Jul 10th, 2019 by Saurenergy A new £1.5 million programme from Vattenfall and ORE Catapult is offering testing for products and services for the offshore wind market A new £1.5 million programme from Vattenfall and ORE Catapult is offering UK innovators that are developing products and services for the offshore wind market the opportunity to test and demonstrate them on […] Read more
