Husk Power Plans To Commission More Mini-Grids In India: William Brent (CMO) Updated On Thu, Apr 4th, 2024 by Saurenergy How did the journey of Husk Power Systems start? Husk Power’s journey started around 2008 with its co-founder, Manoj Sinha, and other like-minded people from Bihar. At that time, rural electrification was a major issue in India and states like Bihar. Husk came into the picture to ensure that the unserved communities in those areas […] Read more
Trina Solar, SOLA, & WBHO To Power South African Mining Operation With 135MW Project Updated On Thu, Mar 14th, 2024 by Saurenergy Smart PV and energy storage solutions company Trina Solar, has partnered with SOLA, a South African leader in renewable energy with a focus on utility-scale projects and WBHO Construction to embark on a transformative solar project. The Merak 1 project signifies a major milestone in sustainable energy solutions for South Africa, according to a media […] Read more
World Bank Allocates $300 Mn For RE Projects in Eastern & Southern Africa Updated On Fri, Feb 16th, 2024 by Saurenergy The World Bank has extended a facility of close to $300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable energy (DRE) and clean cooking private sector projects in eligible countries of the World Bank’s International Development Association (IDA) that are TDB member states. This new facility follows […] Read more
Renewable Investments In Africa Need To Grow 5 Times: Report Updated On Tue, Feb 13th, 2024 by Saurenergy A new report by think tank Climate Analytics finds $8 trillion of investment is needed for new renewables and $4 trillion for grid and storage infrastructure to deliver the 2030 tripling goal agreed at COP28 – or combined, $2 trillion a year on average. Using climate finance to mobilise $100 billion a year for the […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
E-Fuel Hybridization With Solar Can Improve Energy Production: IEA Updated On Wed, Jan 10th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) on, “Role of E-Fuel in Decarbonizing Transport”, studied the role of hybridization of E-Fuel with wind and solar as a solution in reducing carbon dioxide (CO₂) emission. The report stated, “E-Fuel have emerged as an alternative in situations where, the usage wind and solar resources is […] Read more
Nextracker Installed 10 GW Of Solar Trackers In Middle East, Africa, India Updated On Wed, Dec 13th, 2023 by Saurenergy Nextracker, a global provider of intelligent solar tracker and software solutions, has announced surpassing a corporate milestone of 10 GW of smart solar trackers either operational or under fulfilment for projects located in the Middle East, Africa, and India. In parallel timing with the United Nations COP28 Climate Change conference held in Dubai over the […] Read more
China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie Updated On Thu, Nov 23rd, 2023 by Saurenergy A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved. The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […] Read more
Global Solar Investments Increased By 2% In Last 8 Years: Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually. The report put the investment in the global energy sector […] Read more
