€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
MNRE Issues Guidelines for Executing Component-C of KUSUM Scheme Updated On Wed, Nov 13th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore PM Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) scheme. The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore Pradhan Mantri-Kisan Urja Suraksha evam Uthan Mahabhiyan (PM-KUSUM) scheme. […] Read more
Masdar Acquires Stake in Hero Future Energies Updated On Wed, Nov 13th, 2019 by Saurenergy Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […] Read more
Sungrow now the Largest Supplier of String/Central Inverters in Americas Updated On Mon, Nov 11th, 2019 by Saurenergy Sungrow is now the largest supplier to offer both string and central inverters to the Americas after witnessing rapid growth in the first half the year Sungrow, the global leading inverter solution supplier for renewables, is now the largest supplier to offer both string and central inverters to the Americas after witnessing rapid growth according to data for the […] Read more
Renewables to Deliver Europe’s 2030 Climate Energy Goals Updated On Fri, Nov 8th, 2019 by Saurenergy If member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030 If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030, and the continent is on track […] Read more
McDonald’s Signs its First Large Scale Renewable PPA Updated On Fri, Nov 8th, 2019 by Saurenergy McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
Govt to Devise Long Term Policy for Continuous Demand for Local Products: Samir Mehta Updated On Fri, Nov 1st, 2019 by Saurenergy We believe that to ensure local manufacturing happens in India, government has to devise a long-term policy for continuous demand for local cells/modules for at least 10 years which will ensure that project returns are easily guaranteed for investor and also ensure that no matter what situation arises these policies are not tempered or affected […] Read more
