EIB to Finance 300 MW Solar Power Project in Spain Updated On Thu, Dec 12th, 2019 by Saurenergy EIB has announced that it will invest EUR 76.5 million in one of the largest solar projects in Spain, the 300 MW capacity Talayuela solar power project The European Investment Bank (EIB), the premier investment institute in the region has made a big mark at the ongoing COP 25 climate conference in Madrid, Spain with […] 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
BP Increases Stake in Lightsource BP to Form a 50:50 JV Updated On Fri, Dec 6th, 2019 by Saurenergy The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […] Read more
Indian Railways to be Transformed Into ‘Green Railways’ Updated On Wed, Dec 4th, 2019 by Saurenergy With the goal of transforming the Indian Railways into “Green Railways”, complete electrification of the Railway network has been approved by CCEA With the goal of transforming the Indian Railways into “Green Railways”, complete electrification of the Railway network has been approved by Cabinet Committee on Economic Affairs (CCEA) which will reduce its carbon footprint […] Read more
Amazon Announces 3 new RE Projects Worth 329 MW in USA and Spain Updated On Tue, Dec 3rd, 2019 by Saurenergy Amazon has announced three new renewable energy projects in the USA and Spain that support it’s commitment to the Climate Pledge Amazon has announced three new renewable energy projects in the USA and Spain that support it’s commitment to The Climate Pledge and reaching 80 percent renewable energy by 2024 and 100 percent renewable energy […] Read more
IIT-H Partners With Japanese Firm for Development of Li-ion Batteries Updated On Mon, Dec 2nd, 2019 by Saurenergy IIT-H has formed a collaboration with Japan-based ItsEV Inc, to develop Li-ion batteries for various applications including electric vehicles The Indian Institute of Technology, Hyderabad (IIT-H) has formed a collaboration with Japan-based ItsEV Inc, to develop lithium-ion batteries (Li-ion) for various applications including electric vehicles (EVs). A research group led by Surendra K. Martha, Associate […] Read more
Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn Updated On Tue, Nov 26th, 2019 by Saurenergy Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […] Read more
Australia Commits $70 mn to Fast Track Renewable Hydrogen Development Updated On Mon, Nov 25th, 2019 by Saurenergy ARENA has announced a funding round of up to AUD 70 million to help fast track the development of renewable hydrogen in Australia. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has announced a funding round of up to AUD 70 million to help fast track the development of renewable hydrogen […] Read more
Macquarie Integrates Savion Acquisition, Commercialises 1 GW of RE in North America Updated On Sat, Nov 23rd, 2019 by Saurenergy GIG, a subsidiary of the Macquarie, has announced that it has commercialised over 1 GW of new renewable energy projects via PPAs or sales in North America. The Green Investment Group (GIG), a subsidiary of the Macquarie Group, has announced that one year following the establishment in the US, it has built a national development […] Read more
