SB Energy to Invest $4 Bn in Gujarat on Renewables Updated On Sat, Dec 7th, 2019 by Saurenergy Further, SB Energy will be investing in the solar, wind and other unconventional sources of renewable energy. Japan’s renewable energy firm and a sister concern of SoftBank, SB Energy Corp will be investing USD 4 billion or approx. Rs 30,000 crore in renewable energy in the state of Gujarat, said the state government release. As […] Read more
AC Energy Launches $400 mn Fixed for life Green Bond Updated On Fri, Nov 29th, 2019 by Saurenergy AC Energy has successfully set the terms of its senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of USD 400 million Ayala Corporation’s energy platform, AC Energy has announced that it has successfully set the terms of its inaugural US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bond issuance at an aggregate principal […] Read more
Invenergy, EPM Sign Renewable Deal for 400 MW Capacity in Colombia Updated On Fri, Nov 29th, 2019 by Saurenergy EPM has signed a strategic agreement with Invenergy to develop and build at least 400 MW of solar and wind projects in Colombia over the next 6 years. Colombian power utility Empresas Publicas de Medellin (EPM) has announced that it has signed a strategic agreement with US-based Invenergy to develop and build at least 400 […] Read more
Boralex Announces Largest Renewable Energy Financing in France, Worth $1.7 bn Updated On Thu, Nov 28th, 2019 by Saurenergy Boralex has successfully closed agreements for the largest refinancing agreement in the renewable energy sector in France worth USD 1.7 billion Boralex has announced that it has successfully closed agreements to refinance almost all of its wind farm operations in France, for a total of USD 1.7 billion (EUR 1.1 billion), divided among three credit agreements […] Read more
Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report Updated On Wed, Nov 27th, 2019 by Saurenergy A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […] Read more
European Offshore Wind Energy Goals are Achievable: Report Updated On Wed, Nov 27th, 2019 by Saurenergy The European Commission’s big goals for offshore wind, between 230 and 450 GW by 2050 are achievable provided right investments and spatial planning A new report has predicted that the European Union (EU) Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in […] Read more
Another Stable Year of Growth for Wind Energy With China in the Lead Updated On Wed, Nov 27th, 2019 by Saurenergy The wind power energy industry saw a fall of 3.6 percent fall when compared to 2017’s growth, however, GWEC claims that the growth has been stable The wind power energy industry installed 51.3 gigawatts (GW) of new capacity last year, a 3.6 percent fall when compared to 2017’s growth, the Global Wind Energy Council (GWEC) […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Adani Green Energy’s Ashish Garg Resigns as CFO Updated On Tue, Nov 26th, 2019 by Saurenergy Adani Green Energy Ltd (AGEL), a renewable energy arm of Adani Group, on Monday said that Ashish Garg, who was designated as the Chief Financial Officer (CFO) of the company has resigned with immediate effect. The company had informed in an exchange filing that “Ashish Garg has tendered his resignation as Chief Financial Officer of […] Read more