Global Warming May Cause Decline in India’s Wind Power Potential: Study Updated On Thu, Dec 6th, 2018 by Saurenergy However, the researchers found that the Indian monsoon is weakening as a result of warming waters in the Indian Ocean, leading to a steady decline in wind-generated power. The warming of the Indian Ocean, caused by global climate change, may be causing a slow decline in wind power potential in India, according to a new […] Read more
AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya Updated On Mon, Dec 3rd, 2018 by Saurenergy Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […] Read more
Rising Global Temperature will Hit Countries like India Hard: Dr Harsh Vardhan Updated On Mon, Dec 3rd, 2018 by Saurenergy The Minister tweeted on the sidelines of the 24th meeting of Conference of Parties (COP-24) to the United Nations Framework Convention on Climate Change (UNFCCC). The Union Environment Minister, Dr Harsh Vardhan said that rising global temperature will hit countries like India hard. A 1.5C rise in global temp will impact disadvantaged and vulnerable sections […] Read more
France Top Destination for Renewable Energy Investment in G20: Report Updated On Sat, Dec 1st, 2018 by Saurenergy France gains the 1st position due to an overall favorable environment for renewables, leading the G20 in investment attractiveness of renewables. France has overtaken Germany as the most lucrative destination for renewable energy investment in the G20 bloc, Allianz Climate and Energy Monitor 2018 has found. “France gains the 1st position due to an overall […] Read more
Hungary Plans to Fully Rely on Renewable Energy by 2030 Updated On Fri, Nov 30th, 2018 by Saurenergy An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […] Read more
Frost & Sullivan and TERI Join Hands to Honor Sustainable Development Practices Across Sectors and Launch Sustainability 4.0 Awards 2019 Updated On Tue, Nov 27th, 2018 by Saurenergy Frost & Sullivan and The Energy and Resources Institute (TERI) will jointly host the 10th edition of ‘Sustainability 4.0 Awards’ on 21st June, 2019 in Mumbai. For the last two years, Frost & Sullivan and TERI have been hosting the program together and aspire to be the driver of sustainable development among organizations in the […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
Adapt or Die – Can Renewables Save the Planet, or Is It Too Late? Updated On Thu, Nov 15th, 2018 by Saurenergy Since the recently held Global Climate Action Summit where global leaders debated the practicalities of taking the climate change battle to the next level, media sources the world over have all been reporting the same thing: if global warming is not kept in check, there will be dangerous environmental and socio economical consequences. The BBC headlined with […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more