India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
Israel’s Enlight Renewable Energy Raises $252 Million from Nasdaq IPO Updated On Mon, Feb 13th, 2023 by Saurenergy Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing of its initial public offering of 14,000,000 ordinary shares at […] Read more
HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity Updated On Mon, Feb 13th, 2023 by Saurenergy State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […] Read more
Renewable Energy M&A Deals at $30.7bn in Q3 2022; India Leads with 72% Onshore Wind Deals Updated On Mon, Feb 13th, 2023 by Saurenergy Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were at the forefront of the M&A activity. This is primarily […] Read more
Trina Solar to supply 1-GW solar modules to Low Carbon Updated On Fri, Feb 10th, 2023 by Saurenergy Solar PV and smart energy solution provider Trina Solar has signed a multi-year framework agreement with renewable energy company Low Carbon Ltd for the supply of at least 1GW of Trina Solar PV modules for multiple Low Carbon projects throughout Europe. The framework agreement spans three years. The module maker said that Vertex N 605W […] Read more
D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area Updated On Thu, Feb 9th, 2023 by Saurenergy Morocco is emerging as the top performer when it comes to the adoption of renewables and minimizing the use of fossil fuels to generate power. In a new development, Morocco has launched a new project for renewable energy development in Western Sahara region with a massive investment of 20 billion dirhams ($1.95 billion). The announcement was made […] Read more
India Energy Week: Important Announcements, Intriguing Innovations Updated On Wed, Feb 8th, 2023 by Saurenergy On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- “Karnataka has highest number of EV; is highest RE manufacturer” Karnataka Chief Minister Bommai has said that Karnataka has 15,000 MW worth of in-stand renewable […] Read more
Longroad Announces Financial Close On & Begins Construction of 202 MW Umbriel Solar Project Updated On Wed, Feb 8th, 2023 by Saurenergy American renewable energy player Longroad Energy has announced the financial close of Umbriel Solar which is a 202 MWdc (150 MWac) solar PV project in Polk County, Texas. The firm said that the construction of the solar project has also commenced. Umbriel is sixth greenfield RE project of Longroad in Texas to reach financial close […] Read more
