EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
Google Seeks Tax Exemption For Planned $600 Mn Wind-Powered Data Centre Updated On Tue, Feb 26th, 2019 by Saurenergy Google has asked Sherburne County and the city of Becker for property tax breaks that would save the company up to $15 million. Google’s plan to build a $ 600 million wind-powered data center in central Minnesota could hinge on the tech giant’s request for officials to waive 20 years’ worth of future taxes. Google has asked Sherburne County […] Read more
Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment Updated On Tue, Feb 26th, 2019 by Saurenergy Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […] Read more
Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries Updated On Mon, Feb 25th, 2019 by Saurenergy A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […] Read more
Wish List for The Final 2019 Budget Updated On Fri, Feb 22nd, 2019 by Saurenergy In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […] Read more
Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report Updated On Wed, Feb 13th, 2019 by Saurenergy By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […] Read more
Sign of the times. At Petrotech Expo, PM Speaks About Renewables Updated On Tue, Feb 12th, 2019 by Saurenergy The PM also said that signs of convergence between cheaper renewable energy, technologies and digital applications were also becoming evident. Prime Minister Narendra Modi while addressing the Petrotech Expo said that, globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change. “Winds of change are evident in the global energy arena. There […] Read more
Tender for Development of 50 MW Solar Plant in Kerala Updated On Mon, Feb 4th, 2019 by Saurenergy The solar power developers will also be responsible for the successful operation and maintenance (O&M) of the project. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for setting up of 50 MW of Solar PV Plant at Kasargod Solar Park in Kerala. The brief scope of work for the […] Read more
Hanergy to Set Up ME’s 1st Thin-Film Solar Park with $1 Bn Investment Updated On Fri, Feb 1st, 2019 by Saurenergy As per the deal, the two companies will collaborate to develop renewable energy manufacturing facilities in Saudi Arabia and conjointly seek relevant investment opportunities. Thin-film solar power solutions giant Hanergy Thin Film Power Group signed an investment cooperation pact with Ajlan & Bros to launch the first solar thin-film industrial park in the Middle East (ME) region. Further, […] Read more
