BlackRock raises $250 M for Climate Projects in Asia, Latin America, Africa Updated On Mon, Jul 12th, 2021 by Saurenergy New York-based investment management company BlackRock has secured over $250 million from global investors and governments for the Climate Finance Partnership (CFP), which was introduced at the One Planet Summit in September 2018 under the leadership of French President Emmanuel Macron. CFP is a flagship blended finance vehicle that is designed to invest in climate solutions and […] Read more
Norway Allocates $1.2 bn for RE Projects in Developing Nations Updated On Fri, Jul 9th, 2021 by Saurenergy The Norwegian government has announced the allocation of $1.16 billion over five years for a new fund that will invest in renewable energy in developing countries with the aim of reducing greenhouse gas emissions. Speaking about the new fund, Minister of International Development Dag-Inge Ulstein said, “It is part of the solution to some of […] Read more
Oorjan Cleantech Installs Rooftop Solar at Mumbai’s Housing Society Updated On Wed, Jul 7th, 2021 by Saurenergy Solar company Oorjan Cleantech has recently installed over 230 solar panels, with a capacity of about 100 kWp, over 7500 square feet shadow free area in Mahavir Universe Phoenix Society, Bhandup — one of Mumbai’s high-rise housing societies. Setup in 60 days The company installed German mono-crystalline panels with 400 watt capacity per head. It completed the […] Read more
Top 10 Cleantech Trends for 2021 By IHS Markit Updated On Mon, Jul 5th, 2021 by Saurenergy Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […] Read more
Atlas Renewable Energy Wins Accolades in Latin America Updated On Thu, Jul 1st, 2021 by Saurenergy Miami-based Atlas Renewable Energy has been awarded IJGlobal’s 2020 Latin America Sponsor of the Year Award for the company’s contributions to accelerating the region’s transformation to clean energy. In just 2020, the company signed three major financing contracts: Ananuca worth USD 253 Million, Lar do Sol – Casablanca worth USD 150 million and New Juazeiro […] Read more
Soltec Nets Statkraft Deal For 234 MW Solar Projects in Spain Updated On Wed, Jun 30th, 2021 by Saurenergy The Spanish manufacturer and supplier of solar trackers, Soltec has agreed to terms with Europe’s renewable energy company Statkraft for the development of four solar projects in Cadiz in southern Spain with a total capacity of 234 MW. According to the firms, four projects being constructed this year and expected to generate 500GWh of clean […] Read more
NTPC Targets to Install 60 GWs Renewable Energy by 2032 Updated On Mon, Jun 28th, 2021 by Saurenergy India’s largest integrated energy company, National Thermal Power Corporation Ltd (NTPC), has become the first Indian energy company to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). It has announced its sustainability energy compact targets. As per the official release by the ministry, NTPC has set a target to […] Read more
Lightsource bp Invests in 703 MW Spanish Solar Projects Updated On Thu, Jun 24th, 2021 by Saurenergy Europe’s largest solar developer Lightsource bp has invested 475 million euros (USD 566 million) to acquire a pipeline of three solar projects in Spain from Spanish company Grupo Jorge. The three projects totaling 703 MW are located in Aragon. Aragon is a landlocked region in northeastern Spain comprising the provinces of Huesca, Zaragoza, and Teruel. […] Read more
Recurrent Energy’s Storage Footprint Grows in US, 11 GWh in Pipeline Updated On Wed, Jun 23rd, 2021 by Saurenergy Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc. announced yesterday that it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems (BESS) contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements. California’s […] Read more
