Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
Investment in Solar Power Projects Likely to Fall in 2018 Updated On Tue, Jul 10th, 2018 by Saurenergy The mixed picture for global clean energy investment in 2018 is emerging, and at the same time, the commitment to wind and energy-smart technologies such as EV and batteries are running above last year’s levels. In the first half of 2018, the global net investment in solar power projects fell 19 percent from $71.6 billion […] Read more
India in Sight for 5000 Crore Investment in Waste-to-Energy by Indian Ex-pat Varun Datta in 2019 Updated On Fri, Jun 22nd, 2018 by Saurenergy Every year, India generates a staggeringly obscene 55 million tons of Municipal solid waste along with 38 billion liters of sewage waste predominantly from its urban pockets. This is multiplied critically by additional solid and liquid wastes churned out by the rapidly scaling industries. With more people expected to move from rural to urban areas […] Read more
Renewable Energy Attracted $42 Bn of Investment in 4 Years: MNRE Updated On Tue, Jun 5th, 2018 by Saurenergy New opportunities have emerged. Altogether new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. An investment of $42 billion was attracted by India’s Renewable Energy Sector in last four years and over the same period of time, the green energy projects created over 10 […] Read more
Cox Enterprises Announces $25M Investment in Solar Industry Updated On Fri, May 4th, 2018 by Saurenergy The partnership project is a part of National Cox Conserves sustainability program that has long employed new sustainable technologies and programs to create both business ventures and environmental solutions. Cox Enterprises has announced that it has become the majority investor in a $25 million (M) partnership that created four solar farms in Georgia and Florida. […] Read more
ReneSola Sells 40.13% Stake in Zhejiang ReneSola Investment for RMB 200 mn Updated On Wed, May 2nd, 2018 by Saurenergy Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Solar project developer and operator ReneSola has sold 40.13 percent stake of its Chinese subsidiary, Zhejiang ReneSola Investment Ltd, to an undisclosed investor for about RMB 200 mn in cash. Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Further, […] Read more
America’s Top Cos Solar Investment Surge in Record Amount, says SEIA Report Updated On Mon, Apr 23rd, 2018 by Saurenergy Large corporations have found that going solar not only benefits the environment, but also their bottom-line, satisfying both shareholders and customers alike, said Abigail Ross Hopper. Highlighting America’s leading corporate solar installers, the Solar Energy Industries Association (SEIA) in its report ‘Solar Means Business 2017’ said that America’s top companies are investing in solar in […] Read more
IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
