IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania Updated On Tue, Dec 24th, 2019 by Saurenergy IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania The International Finance Corporation (IFC), a member of the World Bank Group, is providing EUR 18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and […] Read more
EIB Chief Slams Automakers for Slow Response to Climate Change Updated On Mon, Dec 23rd, 2019 by Saurenergy EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more
Ørsted Secures Funding for Renewable Hydrogen Project Updated On Sat, Dec 21st, 2019 by Saurenergy Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […] Read more
Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares Updated On Fri, Dec 20th, 2019 by Saurenergy Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […] Read more
Sharp Decrease in Solar Installations in China After Policy Change Updated On Fri, Dec 20th, 2019 by Saurenergy China transitioned from a feed-in tariff system to auctions for solar projects in 2019, and the market responded with a sharp decrease in solar installations In 2019, China transitioned from a feed-in tariff system to auctions for solar projects on a national level. The market responded with a sharp decrease in solar installations after the […] Read more
Acciona Increases Operating Renewable Capacity in Chile by 84% Updated On Thu, Dec 19th, 2019 by Saurenergy Acciona has put two new renewable energy projects into service in Chile, and in doing so it has increased its operating capacity in the country by 84% Spanish conglomerate group Acciona, which is dedicated to the development and management of infrastructure and renewable energy has announced that it as put two new renewable energy projects […] Read more
AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey Updated On Wed, Dec 18th, 2019 by Saurenergy A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […] Read more
