India Sees Less Hope From Funding Commitments At COP29 Updated On Mon, Nov 25th, 2024 by Saurenergy The UN recently concluded climate talks at COP29 in Baku with a pledge of $300 billion annually from rich nations to contribute to the global fight against climate change. The COP29 negotiations ended early Sunday morning in Baku. The Indian delegation, however, finds it not enough to deal with the climate change crisis. The COP29 […] Read more
Cooperation on Solar Energy to be on the Agenda of India-New Zealand Bilateral Ties Updated On Tue, Feb 7th, 2023 by Saurenergy Before India welcomes New Zealand Foreign Minister Nanaia Mahuta on her bilateral visit to the country, the minister has said that she is hopeful that the visit will propel forward New Zealand’s progress on being a part of the International Solar Alliance. It may be recalled that India’s External Affairs Minister Dr. S Jaishankar had […] Read more
Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] Read more
European Investment Bank Commits EUR 28.5 Mn for Three Solar Plants for Greece Updated On Mon, Jan 23rd, 2023 by Saurenergy PPC Renewables, which is a wholly-owned subsidiary of the Public Power Corporation SA, Greece’s largest power generation company, has announced that it will establish three solar power plants, that will boast of a cumulative capacity of 230 MWp. This is set to be among the largest solar energy projects developed or in the pipeline in […] Read more
Canada, India Sign MoU On RE, Leave Coal Problem For A Deal In Future Updated On Fri, Jun 3rd, 2022 by Saurenergy Canada and India signed an Memorandum of Understanding on Thursday to mutually cooperate to make Renewable Energy a reliable source of electricity. However, the coal generated power is conspicuously absent from the MoU, raising several eyebrows since Canada is leading a global movement to end the burning of coal for electricity and India is the […] Read more
India says BRICS countries should explore cooperation in solar energy, climate resilience Updated On Mon, May 23rd, 2022 by Saurenergy Union Minister of Environment, Forest and Climate Change, Bhupender Yadav has suggested to the BRICS countries to explore cooperation in areas of solar energy, infrastructure, industry transition and climate resilience. Interestingly, the BRICS grouping, besides having the world’s no. 2 and no. 2 emitter in the form of China and India, is also notable for […] Read more
Sembcorp to Quadruple RE Capacity by 2025 & Deliver Net-zero by 2030 Updated On Fri, May 28th, 2021 by Saurenergy Singapore-headquartered Sembcorp Industries, a leading energy and urban solutions provider, yesterday announced its strategic plan to transform its portfolio from brown to green, including increasing its renewable energy capacity – by almost four times- to 10 GW by 2025 from 2.6 GW in 2020. To support the global energy transition and sustainable development, Sembcorp aims to […] Read more
Investments in Climate Action Increasing, but not Fast Enough: Report Updated On Fri, Nov 8th, 2019 by Saurenergy A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […] Read more
EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
