EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
Aligarh Muslim University Unveils New Rooftop Solar System Updated On Tue, Feb 26th, 2019 by Saurenergy The total capacity of solar plants in the campus now stands at 6.5 MWp. Aligarh Muslim University (AMU) has recently inaugurated a new on-grid solar system on the rooftops of its Senior Secondary School-Girls, Ajmal Khan Tibbiya College, Sarojni Naidi Hall, S N Hall, Women’s Polytechnic, Bibi Fatima Hall, Department of Computer Engineering, New Hall for Girls, […] Read more
Govt Earmarks Rs 88500 Cr to Spur EV Infrastructure and Curb Pollution Updated On Tue, Feb 26th, 2019 by Saurenergy The Indian government has proposed incentives of about Rs 88500 crore in order to help power plants install equipment that will curb emissions and to develop infrastructure for electric vehicles. Out of the allocated budget, a majority of the chunk (nearly 95%) would be used for curbing sulphur emissions from power plants, and the rest […] Read more
Google Seeks Tax Exemption For Planned $600 Mn Wind-Powered Data Centre Updated On Tue, Feb 26th, 2019 by Saurenergy Google has asked Sherburne County and the city of Becker for property tax breaks that would save the company up to $15 million. Google’s plan to build a $ 600 million wind-powered data center in central Minnesota could hinge on the tech giant’s request for officials to waive 20 years’ worth of future taxes. Google has asked Sherburne County […] Read more
Kerala Issues Tender Solar System at Pre Matric Hostel Updated On Tue, Feb 26th, 2019 by Saurenergy The last date of bid submission is March 02, 2019. The Kerala State Construction Corporation Ltd. (KSCCL) has issued a tender inviting online bids from the registered bidders of PWD/CPWD/Railway/Irrigation Dept. to supply and install a solar system at Pre Matric Hostel, Kozhinjambara in Palakkad District of Kerala. The last date of bid submission is […] Read more
Global Wind Capacity Grew By 51.3 GW in 2018 Updated On Tue, Feb 26th, 2019 by Saurenergy According to a new report, the wind industry installed 51.3 GW of new capacity in 2018, a decrease of 3.6% compared to 2017, as total installed wind capacity reached 591 GW. The latest data released by the Global Wind Energy Council shows that the wind energy industry installed 51.3 GW of new capacity in 2018. […] Read more
Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India Updated On Mon, Feb 25th, 2019 by Saurenergy The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […] Read more
Maldives Steps Up Renewable Adoption With 5 MW Solar Tender Updated On Mon, Feb 25th, 2019 by Saurenergy The 5MW solar system will be developed under design, build, finance, own, operate, and transfer basis. The Government of the Republic of Maldives is implementing the “Accelerating Sustainable Private Investment in Renewable Energy (ASPIRE)” Project and has invited bids from investors for installation of 5MW Grid-connected Solar PV Power System in the Greater Malé Region […] Read more
KfW & FMO backed 50.4 MW Wind Project in Argentina Achieves Financial Closing Updated On Mon, Feb 25th, 2019 by Saurenergy The USD138 million project is being financed by KfW IPEX-Bank and the Dutch development bank (FMO). Total Eren, a leading renewable energy Independent Power Producer (“IPP”) based in Paris, has announced the successful closing of the financing of its 50.4 MW “Malaspina” wind project in southern Argentina. The USD138 million project is being financed by […] Read more