Achieving Universal Energy Access by 2030: Can It Be Done? Updated On Mon, Oct 21st, 2024 by Saurenergy Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […] Read more
Solar Minigrids In UP Set To Expand, Opine Experts Updated On Fri, Jul 12th, 2024 by Saurenergy Leading solar energy companies from Uttar Pradesh claimed that distributed renewable energy (DRE) sources like solar mini grids are set to expand its reach in rural UP and other areas in the coming days. Several mini grid companies operating in UP and industry experts put forth their opinions before a large audience in the recently […] Read more
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
IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE Updated On Fri, Feb 9th, 2024 by Saurenergy A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […] Read more
Rockefeller Foundation Refutes Washington Post Story On India’s ‘Dysfunctional’ Mini-Grids Updated On Tue, Aug 8th, 2023 by Saurenergy Last week, July 31st to be exact, a story in the Washington Post on India’s rural solar mini-grids grabbed a lot of attention. Authored by Karishma Mehrotra, the paper’s South Asia correspondent, the story headlined “India joins rush to renewables, but its rural solar systems fall off grid” was a clear indictment of India’s solar […] Read more
Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion Updated On Tue, Jul 4th, 2023 by Saurenergy Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […] Read more
UP Floats Tender To Outsource Operations & Maintenance Of Solar Mini-Grids Updated On Tue, May 16th, 2023 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued a tender to outsource the operations and maintenance of its solar mini-grids. The government plans to give the contract to the interested parties on a revenue-sharing basis. The tender also said that with this, the state agency intends to revive and restore the old […] Read more
Husk Power is First to Cross 200 Minigrids Milestone Across Asia and Africa Updated On Mon, Feb 27th, 2023 by Saurenergy Husk Power has become the first company to own and operate more than 200 community solar minigrids in Asia and Africa. it did this whole even as it averaged a rollout of 16 minigrids per month in recent months. With this, the firm has demonstrated an ability to ramp up that was considered a huge […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more