NABARD Inks USD 100 Million Pact with Green Climate Fund for Solar Rooftops Updated On Mon, Dec 10th, 2018 by Saurenergy The USD 250 million project, to be executed by Tata Cleantech Capital Ltd, will receive the GCF support through NABARD, which is the National Implementing Entity (NIE). Pushing for rooftop solar in India, the National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 […] Read more
Year End Review 2018 – MNRE Updated On Mon, Dec 10th, 2018 by Saurenergy India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […] 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
Sweden, India Join Hands to Bolster Renewable Energy Technologies Updated On Wed, Dec 5th, 2018 by Saurenergy The first MoU was inked between Swedish firm Spowdi and EMVEE for setting up local manufacturing and assembly unit in Bangalore. Sweden and India signed 2 Memorandum of Understandings (MoUs) in the renewable energy sector to enhance technology and bring in power efficiency. The first MoU was inked between Swedish firm Spowdi and EMVEE for setting up local […] Read more
BlackRock Sells 14 French Solar Projects to International Consortium Updated On Wed, Dec 5th, 2018 by Saurenergy The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […] Read more
Interview with Michael Wilkinson, Global Segment Leader, Energy Digitalisation, DNV GL – Energy DNV.GL Updated On Sat, Dec 1st, 2018 by Saurenergy DNV GL – a global quality assurance and risk management company. It provides classification, technical assurance, software and independent expert advisory services to the maritime, oil & gas, power and renewables industries. In an exclusive interview with Saur Energy International during the 12th Edition of Renewable Energy India (REI) Expo 2018 at Greater Noida, […] Read more
France Top Destination for Renewable Energy Investment in G20: Report Updated On Sat, Dec 1st, 2018 by Saurenergy France gains the 1st position due to an overall favorable environment for renewables, leading the G20 in investment attractiveness of renewables. France has overtaken Germany as the most lucrative destination for renewable energy investment in the G20 bloc, Allianz Climate and Energy Monitor 2018 has found. “France gains the 1st position due to an overall […] Read more
European Union Plans to Become Carbon Neutral by 2050 Updated On Sat, Dec 1st, 2018 by Saurenergy The road to a climate neutral economy would require joint action in seven strategic areas: energy efficiency; deployment of renewables etc,. Committing to make Europe carbon neutral by 2050, European Union has adopted a long-term strategy to make EU the first major climate neutral economy. “The strategy shows how Europe can lead the way to […] Read more
Hungary Plans to Fully Rely on Renewable Energy by 2030 Updated On Fri, Nov 30th, 2018 by Saurenergy An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […] Read more
