Palau Becomes 76th Nation to Join the International Solar Alliance Updated On Wed, Jul 17th, 2019 by Saurenergy Palau, an archipelago of over 500 islands in Oceania, has become the 76th signatory country to join the International Solar Alliance. “President of the Republic of Palau H.E. Tommy E. Remengesau, Jr. signed the Framework Agreement of the International Solar Alliance today at @IndiaUNNewYork. Palau becomes the 76th signatory country. Indian Embassy, Manila is working […] Read more
Future to be Driven by Clean Mobility Powered with RE: Dr. Ajay Mathur Updated On Mon, Jul 15th, 2019 by Saurenergy The event facilitated the exchange of knowledge and experience and initiated sustainable partnerships in the fields of renewable energy and e-mobility. The future is expected to be driven by clean mobility powered with abundantly available renewable energy (RE), said Dr. Ajay Mathur, Director General, The Energy and Resources Institute (TERI). “If powered by clean energy, […] Read more
4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
Switching up Renewables and With it Energy Poverty: Study Updated On Mon, Jul 15th, 2019 by Saurenergy According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […] Read more
Vestas to Establish Nacelle and Hub Assembly Factory in India Updated On Thu, Jul 11th, 2019 by Saurenergy To expand its supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address […] Read more
E.ON To Switch On Renewable Energy for 3 Mn UK Customers Updated On Wed, Jul 10th, 2019 by Saurenergy German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […] Read more
Investing in More Resilient Infrastructure Can Save $4.2 Trillion: World Bank Updated On Tue, Jul 9th, 2019 by Saurenergy Investing in a more resilient and sustainable infrastructure in low- and middle-income countries can have four times the benefit for each dollar spent, says World Bank & GFDRR The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 […] Read more
ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan Updated On Thu, Jul 4th, 2019 by Saurenergy ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […] Read more
Solar Market Predicted to Reach 4767 GW by 2026: Report Updated On Thu, Jul 4th, 2019 by Saurenergy According to a new report, the global solar power market will derive growth from the increasing awareness to grow to 4767 GW by 2026. According to a new report, the global solar power market will derive growth from the increasing awareness regarding conservation of conventional energy sources and reducing environmental pollution, to grow to 4767 […] Read more