€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more
US DOE Grants $43 mn for Carbon Capture and Storage Tech Development Updated On Mon, Nov 18th, 2019 by Saurenergy US DOE has announced $43 million in funding to develop carbon capture and storage technologies that enable power generators to be responsive to grid conditions in a highly variable renewable energy penetration environment. The US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced up to $43 million in funding to develop carbon capture […] Read more
Asia Pacific’s Clean Energy Bill to hit $3.5 Trillion by 2040 Updated On Mon, Nov 18th, 2019 by Saurenergy New research has indicated that the Asia Pacific decarbonisation bill could hit USD 3.5 trillion by 2040. New research has indicated that the Asia Pacific decarbonisation bill could hit USD 3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydropower, collectively referred to as zero-carbon energy between now and 2040, under […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
Iberdrola Commits to 400 MW Solar Pipeline in Extremadura Updated On Sat, Nov 16th, 2019 by Saurenergy Iberdrola has stepped up its commitment to clean energy with new solar capacity worth over 400 MW, which the company is to put into operation in Extremadura Iberdrola has stepped up its commitment to clean energy with new solar photovoltaic (PV) capacity worth over 400 MW, which the company is to put into operation in […] Read more
Adani Green Energy Q2 Results Show Rs 102 Crore Profit Updated On Thu, Nov 14th, 2019 by Saurenergy Adani Green Energy recently posted its financial results for Q2, reporting a consolidated net profit of Rs 102 crore Adani Green Energy recently posted its financial results for the second quarter (Q2) of the fiscal, reporting a consolidated net profit of Rs 102 crore for the September quarter of 2019-20. The company reported a loss of […] Read more
SECI Schedules Meeting With Prospective Bidders for 1200 MW RE Tender Updated On Wed, Nov 13th, 2019 by Saurenergy SECI will conduct a technical meeting with prospective bidders for its tender for setting up of 1200 MW RE projects with assured 6-hour peak power supply. The Solar Energy Corporation of India (SECI) has notified that it will conduct a technical meeting/ session with prospective bidders for its tender for setting up of 1200 MW […] Read more
MNRE Issues Guidelines for Executing Component-C of KUSUM Scheme Updated On Wed, Nov 13th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore PM Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) scheme. The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore Pradhan Mantri-Kisan Urja Suraksha evam Uthan Mahabhiyan (PM-KUSUM) scheme. […] Read more
No Backing Down by AP On PPA’s with RE Firms Updated On Wed, Nov 13th, 2019 by Saurenergy With its latest move to challenge the High Court ruling of September 24, that barred it from renegotiating existing PPA’s with many RE players, and put the onus on the APSERC, the Andhra state government continues to muddy the investment climate for renewables. In fact, as and when an analysis is finally done on the […] Read more
