EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain Updated On Thu, Nov 28th, 2019 by Saurenergy EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […] Read more
EESL and SDMC Partner to EV Infrastructure in Delhi Updated On Thu, Nov 28th, 2019 by Saurenergy EESL has signed a Memorandum of Understanding (MoU) with SDMC to establish infrastructure for Electric Vehicles (EV) in the SDMC area over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with South Delhi Municipal Corporation (SDMC) to establish infrastructure for […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Duke Energy Issues $700 mn Green Bond to Fund Renewable Investments Updated On Wed, Nov 27th, 2019 by Saurenergy Duke Energy Florida has completed two debt issuances, aligned with the company’s focus on generating renewable energy and advancing diversity and inclusion. Duke Energy Florida, a subsidiary of Duke Energy, completed two debt issuances, aligned with the company’s focus on generating renewable energy and advancing diversity and inclusion. The first transaction, totaling USD 700 million, marks […] Read more
Cleanmax and The Huawei Experience Updated On Tue, Nov 26th, 2019 by Saurenergy Chinese brand Huawei, which is a leading global ICT and network energy solutions provider, has been enjoying significant market share in the solar inverter space in India as well. Saur Energy International magazine talked to one of the clients of solar inverter manufacturer company, CleanMax Solar, during Renewable Energy India (REI) Expo 2019. CleanMax Solar […] Read more
IFC Eclipses $10 bn in Climate Finance Investments Since 2006 Updated On Tue, Nov 26th, 2019 by Saurenergy IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […] Read more
CEL Tenders for Solar Power Evacuation in Maharashtra Updated On Tue, Nov 26th, 2019 by Saurenergy CEL has issued a tender for the commissioning of solar power evacuation infrastructure in the state of Maharashtra. Central Electronics Limited (CEL) has issued a tender, inviting bids from eligible firms for the commissioning of solar power evacuation infrastructure in the state of Maharashtra. The Scope of work for the selected bidders will include the […] Read more
Adani Green Energy’s Ashish Garg Resigns as CFO Updated On Tue, Nov 26th, 2019 by Saurenergy Adani Green Energy Ltd (AGEL), a renewable energy arm of Adani Group, on Monday said that Ashish Garg, who was designated as the Chief Financial Officer (CFO) of the company has resigned with immediate effect. The company had informed in an exchange filing that “Ashish Garg has tendered his resignation as Chief Financial Officer of […] 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
