The Home Depot Expands Renewable Energy Initiatives Updated On Fri, Feb 15th, 2019 by Saurenergy The company will purchase enough wind energy from the Pretty Prairie Wind Project in Kansas to power about 40 stores for a year. CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change “A” list for cutting carbon emissions and alleviating climate risks. In this year’s CDP report, The Home Depot […] Read more
Ignored in the Budget, The Renewables Sector Needs Marketing Lessons Updated On Mon, Feb 4th, 2019 by Saurenergy With the ‘Interim’ Budget finally, behind us, it’s a good time for the renewables sector to take a look at just why the sector was ignored, more or less, when it comes to any major policy announcements in the budget. Of course, blaming ‘interim’ would be an easy way out. It’s clearly not a case […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog Updated On Thu, Dec 20th, 2018 by Saurenergy Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […] Read more
Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] Read more
UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA Updated On Wed, Oct 24th, 2018 by Saurenergy The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […] Read more
Viz-A-Viz with Animesh Damani, Managing Partner, Artha Energy Resources Updated On Wed, Oct 17th, 2018 by Saurenergy Q. Please tell our readers more about Artha Energy Resources (AER) as a consultant in renewable energy sector. Artha Energy Resources is India’s first and only Renewable energy focused Investment Bank. Since its inception, the company has done 800 million USD worth of Mergers and Acquisitions. It houses three main divisions viz. a. Investment Banking […] Read more