ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
Sembcorp and Singapore Polytechnic to Collaborate on Solar Panel Recycling Updated On Thu, Jan 24th, 2019 by Saurenergy Working together to address the global challenge of photovoltaic waste and commercialise Singapore’s first-ever technology for the recycling of used solar panels. Around the world, solar energy is growing as a source of clean, renewable energy. However, this presents a pressing challenge to the industry: What will become of used solar panels at the end […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] Read more
Viz-A-Viz with Viraj Gada, IDEF Spokesperson & India Regional Representative, GOGLA Updated On Tue, Jan 22nd, 2019 by Saurenergy India has Potential to Become Global Leader for Distributed Standalone Solar Solns India with its huge local market and strong manufacturing capabilities also has the potential to become the global market leader for distributed stand-alone solar solutions by leading the way in technology as well as business innovations in the sector. There is also massive […] Read more
China’s Jiangsu Goes Big with 6.7 GW of Offshore Wind Projects Updated On Tue, Jan 22nd, 2019 by Saurenergy The Chinese government has approved 24 offshore wind projects off the Jiangsu Province. These projects will have a total capacity of 6.7GW and will involve an investment of around $18 billion. East China’s Jiangsu Province has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW), according to the Chinese government daily […] Read more
Proposed No Road Tax, Green Permit Issuance for EVs: Amitabh Kant Updated On Fri, Jan 11th, 2019 by Saurenergy “For India to successfully move away from fossil-fuel dependence oil companies should become the energy companies of the future,” he said. There should be no road tax for electric vehicles (EVs) and green permit should also be issued for EVs, said Amitabh Kant, Chief Executive Officer, NITI Aayog. Speaking at the Make in India session […] Read more
Huawei Supplies 1500V Smart PV Soln for Solar Plant in Saudi Arabia Updated On Wed, Jan 9th, 2019 by Saurenergy The plant is expected to be completed in October 2019. Power projects developer ACWA Power has chosen Huawei, as the sole supplier of inverters to integrate FusionSolar 1500V Smart PV Solution, including the SUN2000-90KTL string inverter and cutting edge FusionSolar Smart PV Management System in Saudi Arabia’s first large-scale ground-mounted PV plant. ACWA Power won […] Read more
REDAVIA Secures $2 M Debt Financing for Expansion in Ghana Updated On Tue, Jan 8th, 2019 by Saurenergy “ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […] Read more