Full Electrification of Railways in Next 4 Years: Piyush Goyal Updated On Mon, Nov 25th, 2019 by Saurenergy Union Minister Piyush Goyal has informed that a target has been set for full electrification of Indian railways within the next four years. “Railways is continuously increasing electrification for a better, pollution-free future. The target of electrification of the entire railway in the next 3-4 years has been set, making it the world’s first carbon emission-free railway, along […] Read more
We are Mulling to Further Increase Our Installation Capacity: Imaan Javan Updated On Sat, Nov 23rd, 2019 by Saurenergy We are looking forward for the instalment of another 2 MW by the end of this year and 5 MW by 2020. To facilitate this, we are recruiting more sales personnel, engineers and business developers. The future looks bright for solar industry, as new technologies are coming in this sector. From bio-solar cells, energy harvesting […] Read more
IFC, NADB Provide $200 mn Loan for Solar Project in Mexico Updated On Thu, Nov 21st, 2019 by Saurenergy IFC and NADB will provide USD 200 million in green loans to IEnova, to finance four solar power plants with a total capacity of 376 MW across Mexico. The International Finance Corporation (IFC), a member of the World Bank Group, and the North American Development Bank (NADB) will provide USD 200 million in green loans […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Heliogen Achieves Breakthrough Temperature in Solar Thermal Application Updated On Wed, Nov 20th, 2019 by Saurenergy Heliogen has announced that for the first time commercially, it has concentrated solar thermal energy to exceed temperatures greater than 1,000 degrees Celsius. Clean energy company, Heliogen has announced its launch and that it has – for the first time commercially – concentrated solar thermal energy to exceed temperatures greater than 1,000 degrees Celsius. The […] Read more
Ivory Coast Joins World Bank’s Scaling Solar Program Updated On Mon, Nov 18th, 2019 by Saurenergy The World Bank Group, through Scaling Solar program, and Ivory Coast have signed an agreement to help develop its supply of affordable, reliable clean energy The World Bank Group, through its Scaling Solar program, and the Government of Côte d’Ivoire (Ivory Coast) have signed an agreement to help the African nation develop its supply of […] Read more
LG Chem EV Battery Gigafactory in Poland to be Powered by EBRD Updated On Sat, Nov 16th, 2019 by Saurenergy EBRD has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Poland by LG Chem The European Bank for Reconstruction and Development (EBRD) has announced that it has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Wrocław […] Read more
Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
Africa at the Centre of Global Energy Transition Until 2040: IEA Updated On Fri, Nov 8th, 2019 by Saurenergy Africa is set to play a key role in shaping the global energy transition as it undergoes the largest process of urbanisation the world has ever seen. Africa is set to become increasingly influential in shaping global energy trends over the next two decades as it undergoes the largest process of urbanisation the world has […] Read more
