World’s First Fully Electric Commercial Aircraft Takes off in Canada Updated On Wed, Dec 11th, 2019 by Saurenergy The world’s first fully electric commercial aircraft took its inaugural test flight on November 10, 2019, taking off from Vancouver, Canada. The world’s first fully electric commercial aircraft took its inaugural test flight on November 10, 2019, taking off from Vancouver, Canada. “This proves that commercial aviation in all-electric form can work,” said Roei Ganzarski, […] Read more
India Assures RE Developers of Pro-Business Policies at COP 25 Updated On Wed, Dec 11th, 2019 by Saurenergy The government of India has assured RE developers that they will be provided with a more business-friendly environment in India The government of India has assured renewable energy (RE) developers that they will be provided with a more business-friendly environment in India with an introduction and better implementation of policies like the payment security mechanism […] Read more
Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia Updated On Tue, Dec 10th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […] Read more
UP Commission Approves 200 MW Solar PSA Between SECI and UPPCL Updated On Tue, Dec 10th, 2019 by Saurenergy UPERC has approved the PSA signed between UPPCL and SECI for sourcing 200 MW of solar power at a tariff of Rs 2.89/kWh for 25 years. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has in its latest notification informed that after careful deliberations it has approved the Power Sale Agreement (PSA) signed between the Uttar […] Read more
ADB Meets Commitment to Double Annual Climate Financing to $6 bn Updated On Tue, Dec 10th, 2019 by Saurenergy ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […] Read more
North Seas Nations to Reinforce Cooperation on Offshore Wind Updated On Mon, Dec 9th, 2019 by Saurenergy The 10 North Seas nations have agreed to their 2020 Work Programme on offshore wind deployment as a means of reaching climate neutrality by 2050 Energy Ministers from North Seas countries have agreed to their 2020 Work Programme on offshore wind deployment as a means of reaching climate neutrality by 2050. The 10 North Seas […] Read more
MNRE Missing Yearly RE Targets, 175 GW by 2022 in Danger: Parliamentary Panel Updated On Mon, Dec 9th, 2019 by Saurenergy MNRE has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of RE by 2022. The Ministry of New and Renewable Energy (MNRE) has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 […] Read more
Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […] Read more
Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more
