ADB Raises €600 Mn via Green Bond to Spur Climate Financing Updated On Mon, Jul 9th, 2018 by Saurenergy Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […] Read more
Coimbatore’s 2 Smart City Projects Get Administrative Approval Updated On Mon, Jul 9th, 2018 by Saurenergy Out of the two projects one is multi-level car parking facility at DB Road and the other project is 3.6 MW solar power plant at Ukkadam. Under the smart city mission, the city corporation of Coimbatore is ready to implement two of its ambitious projects as the standing committee has provided its administrative nod for the same. […] Read more
ADB to Provide $45.4 Mn to Spur Off-Grid SPV Pumping for Irrigation in Bangladesh Updated On Sat, Jul 7th, 2018 by Saurenergy ADB grant will help in replacing diesel systems with solar powered irrigation to enhance energy security, reduce local pollution, and mitigate climate change. The project is also expected to result in a reduction of 17,261 tons of carbon dioxide emissions annually. The Asian Development Bank (ADB) will provide USD 20 million loan to Bangladesh […] Read more
Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
Scatec Solar Gets 47 MW Solar Project in Ukraine Updated On Fri, Jul 6th, 2018 by Saurenergy Further, the projects will be realized under the country’s feed-in-tariff scheme and the 3 plants are expected to produce about 58 GWh per year. Independent solar power producer Scatec Solar has entered into agreements with Rengy Development securing projects of 47 MW in Ukraine. Further, the projects will be realized under the country’s feed-in-tariff scheme […] Read more
Vivint Solar Hires Miranda Barnard as Vice President of Marketing Updated On Fri, Jul 6th, 2018 by Saurenergy Barnard brings with her more than 15 years of experience specializing in content marketing and communications, having worked extensively with agencies and in-house marketing teams. US based residential solar solutions provider Vivint Solar has appointed Miranda Barnard as Vice President of Marketing. In this role, Barnard will oversee the company’s marketing activities and branding […] Read more
juwi Completes 135 MW Utility-Scale Solar Park in Karnataka Updated On Fri, Jul 6th, 2018 by Saurenergy Further, the project is expected to generate over 226 million kilowatt-hours of power every year, enough to avoid the emission of 122,743 tons of carbon dioxide (CO2) annually. One of the leading renewable energy development company, juwi group has completed the construction of a 135 MW DC utility-scale solar power plant for Energon Soleq Ravi […] Read more
Longi Solar’s Export to India Reaches an Apex in January-May 2018 Updated On Fri, Jul 6th, 2018 by Saurenergy LONGi Solar has supplied monocrystalline modules to a number of 100MW-level PV power stations in India. According to the media reports, a senior Indian official revealed that “India will auction 40 GW of renewable energy projects comprising 30 GW solar and 10 GW wind per year for the next 10 years till 2028.” In recent […] Read more
