Eolian Gets $925 Million Renewable Energy Financing Updated On Fri, Apr 22nd, 2022 by Saurenergy Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […] Read more
America’s Renewable Energy Project Completions Stumble Updated On Fri, Apr 22nd, 2022 by Saurenergy The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […] Read more
Amazon Announces New Renewable Projects of 3.5 GW Across the World Updated On Fri, Apr 22nd, 2022 by Saurenergy Global ecom giant Amazon has announced it is investing in 37 new renewable energy projects across the globe adding up to 3.5 GW. The new projects will include 26 solar power projects, 3 wind energy farms and 8 rooftop solar projects at Amazon buildings around the world. Amazon continues to be the largest renewable energy […] Read more
Atlas Signs PPA with Enel for supply of 1.3 TWh/year of Wind Power Updated On Thu, Apr 21st, 2022 by Saurenergy The USA-based Atlas Renewable Energy announced that it has signed a long term power purchase agreement (PPA) with Enel Generación Chile for 1.3 TWh/year with the development of its first wind power project. The portfolio’s three wind projects total 417 MW throughout Chile, helping accelerate its clean energy transition. Atlas Renewable Energy is part of […] Read more
AMEA Power to build two solar power plants in Morocco Updated On Thu, Apr 21st, 2022 by Saurenergy Morocco, which has planned some ambitious renewable energy projects to take advantage of its geographical location, has awarded a contract for the development of two solar power projects to AMEA Power – a UAE energy company. The two solar projects will be part of the first phase of Noor PV II Programme. This programme will […] Read more
European Commission Ponders Hiking Renewable Energy Target To 45% By 2030 Updated On Thu, Apr 21st, 2022 by Saurenergy The Ukraine-Russia conflict, and the vagaries of climate change might just have nudged the European Commission when it comes to its renewable energy targets. The European Commission is analyzing if the Union can achieve a higher aim of having 45% of its energy coming from renewable sources by 2030. Currently the European Commission has proposed […] Read more
4000 MW Renewable Energy Project for NEOM to Come Up Near Jordan Border Updated On Wed, Apr 20th, 2022 by Saurenergy The renewable energy projects that are being planned by Saudi Arabia to supply electricity to the green hydrogen based ammonia plant in the city of NEOM appear to have been disclosed. As per media reports, the renewable energy projects will be located in the North-West region of Saudi Arabia. It will be developed near the […] Read more
Boralex, Energir, Hydro-Quebec Collaborate to develop 1.2 GW Wind Energy in Quebec Updated On Wed, Apr 20th, 2022 by Saurenergy Canada’s leading energy players Boralex, Energir and Hydro-Quebec have come together for the development of three wind power projects with a combined capacity of 1200 MW, in Quebec province. The 400 MW Des Neiges Wind Farm – South will come up in the RCM of La Cote-de-Beaupre. Then 400MW Des Neiges Wind Farm – Charlevoix […] Read more
Infrastructure sector needs to think beyond traditional finance options Updated On Wed, Apr 20th, 2022 by Saurenergy Infrastructure project financing is the key to taking projects successfully from planning to completion stage. The lion’s share of infrastructure finance is shouldered by banks but with stricter regulations on banks and their lending to the infrastructure sector due to NPAs, projects will require new sources of finance. Choosing the right means of funding infrastructure […] Read more
