World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
IIED Shows New Ways To Channel Climate Funds To Meet Paris Agreement Updated On Thu, Mar 14th, 2019 by Saurenergy The latest research by IIED released at the One Planet Summit in Nairobi makes a strong case for ways that climate money could be used to actually make an effect on climate change. The One Planet Summit is hosted by French President Emmanuel Macron and Kenya’s President Uhuru Kenyatta in Nairobi, today to help accelerate and […] Read more
Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure Updated On Thu, Mar 14th, 2019 by Saurenergy The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […] Read more
Global Offshore Wind Capacity to Cross 81 GW by 2024 Updated On Thu, Mar 14th, 2019 by Saurenergy The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […] Read more
Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea Updated On Thu, Mar 14th, 2019 by Saurenergy The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […] Read more
Italy’s Eni Accelerates Shift to Decarbonisation with New Solar Plants in Tunisia and Pakistan Updated On Thu, Mar 14th, 2019 by Saurenergy Eni S.p.A. an Italian oil and gas major has commenced work on the construction of two new solar photovoltaic projects in Pakistan and Tunisia. The Pakistan plant will be built in close proximity to the Bhit gas field at which Eni is the operator with a 40% stake, through its subsidiary Eni New Energy Pakistan. […] Read more
Germany Met 65% of its Weekly Energy Demands From Renewables Updated On Wed, Mar 13th, 2019 by Saurenergy Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […] Read more
UK Augments Funding for African RE Projects by £30 million Updated On Wed, Mar 13th, 2019 by Saurenergy Harriett Baldwin, the UK Minister for Africa, announced additional new funding to give more people and companies across Africa access to affordable, clean energy. Minister Ms. Harriett Baldwin announced that the new funding will see £30 million added to the Transforming Energy Access program, taking total British investment to £100 million, and allowing it to […] Read more
100MW Solar-Fishery Plant Takes the Lead with Huawei 1500V Smart PV Solution Updated On Wed, Mar 13th, 2019 by Saurenergy Multipurpose use of land increases both the agriculture and fishery revenue and improves the integrated utilisation efficiency of land. The Sihong 100MW PV project, a solar-fishery plant constructed by SPIC Jiangsu Electric Power Co., Ltd. in China has taken a step towards the lead in grid-tied power generation, with the use of the most advanced Huawei […] Read more
