UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year Updated On Wed, Jan 23rd, 2019 by Saurenergy There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […] Read more
Adani Issues RfS for Purchase of 700 MW of Solar Power Updated On Wed, Jan 23rd, 2019 by Saurenergy The last date of bid-submission is February 12, 2019, and the technical bids will open on the same day. Adani Electricity Mumbai Limited, in order to fulfill its Renewable Purchase Obligation (RPO), has issued a Request for Selection (RfS) for the procurement of power through competitive bidding from 350 MW grid-connected solar photovoltaic projects with […] Read more
China’s Jiangsu Goes Big with 6.7 GW of Offshore Wind Projects Updated On Tue, Jan 22nd, 2019 by Saurenergy The Chinese government has approved 24 offshore wind projects off the Jiangsu Province. These projects will have a total capacity of 6.7GW and will involve an investment of around $18 billion. East China’s Jiangsu Province has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW), according to the Chinese government daily […] Read more
POWERED Accelerator’s Second Cohort Shortlists 9 Women-Led Startups Updated On Tue, Jan 22nd, 2019 by Saurenergy Selected companies from the 2nd cohort will be supported with an equity-free seed fund of up to $10,000 after a successful first cohort in October. POWERED Accelerator, a first-of-its-kind global entrepreneurship programme, focusing on women-led businesses in the energy value chain, has shortlisted 9 women-led startups for its 2nd cohort. The 9 women-led startups shortlisted […] Read more
PGCIL’s Indu Shekhar Jha Takes Oath as Member CERC Updated On Tue, Jan 22nd, 2019 by Saurenergy Prior to this, Jha was holding the post of Chief Managing Director, Power Grid Corporation of India Ltd (PGCIL) since 2015. The government has appointed Indu Shekhar Jha, former PGCIL CMD, as the Member of Central Electricity Regulatory Commission (CERC). Prior to this, Jha was holding the post of Chief Managing Director, Power Grid Corporation […] Read more
Vikram Solar Commissions 20 MW Solar Project for WBSEDCL Updated On Mon, Jan 21st, 2019 by Saurenergy The plants are located at Patni, near Kharagpur and at Lalgarh, near Midnapore, West Bengal. Vikram Solar, one of India’s leading module manufacturer and prominent EPC solutions and rooftop solar provider, has commissioned two 10 MW solar projects for the West Bengal State Electricity Distribution Company (WBSEDCL). The plants are located at Patni, near Kharagpur […] Read more
ASU Engineers Break Solar Cell Record Updated On Fri, Jan 18th, 2019 by Saurenergy Addition of chemicals to solution allows the team to surpass their own record from last year A team of researchers from the Arizona State University in collaboration with researchers from the University of Nebraska claims to have set the world record efficiency of 25.4 percent for a tandem solar cell stacked with perovskite and silicon. […] Read more
Melbourne Becomes First City to Power its Council Buildings with 100% RE Updated On Thu, Jan 17th, 2019 by Saurenergy The group agreed to purchase 88GWh of electricity per year, about half of the energy that will be produced by the 80MW Crowlands Windfarm. The City of Melbourne has announced that its entire council is now powered by 100 percent Renewable Energy. In doing so, the city has now become the first in Australia to […] Read more