European Investment Bank Signs Partnership Pact with Solar Alliance Updated On Sat, Oct 7th, 2017 by Saurenergy This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […] Read more
European Energy Leaders Discusses Solar Powering Digital Energy Transition Updated On Sat, Jun 24th, 2017 by Saurenergy Solar power is essential to make the EUs plan of providing Europe with secure, affordable and climate-friendly energy, a reality. It is a technology that puts the consumer at the heart of the energy system and as such is crucial to the delivery of the Energy Union strategy.’ European energy leaders recently came together for […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
European Commission Approves French Solar Power and Hydropower Schemes Updated On Mon, Feb 13th, 2017 by Saurenergy European Commission has given approval to two solar power projects and a hydropower project in France. The European Commission announced it had approved three French schemes to support solar power and hydropower energy generators in the country. The schemes include two solar power projects, which have a provisional budget of 439 million euros ($466 million) […] Read more
Only 30-40% of EV Supply Chain Localized: ICRA Updated On Thu, Feb 20th, 2025 by Saurenergy Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […] Read more
SaurEnergy Explains: Balcony Solar – A Game Changer for Apartment Dwellers? Updated On Wed, Feb 19th, 2025 by Saurenergy Solar power has taken over the world’s new power projects, becoming the harbinger of the renewable energy age that everyone awaited for so long. Indeed, the utility scale mega solar projects and rooftop solar have been the mainstream type of solar installations. However, other solar power systems, like the balcony solar systems, are quietly gaining […] Read more
Emerging Nations To Account For 85% Electricity Demand By 2027-IEA Updated On Mon, Feb 17th, 2025 by Saurenergy Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […] Read more
News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement Updated On Fri, Jan 31st, 2025 by Saurenergy Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […] Read more
Europe: Solar Surpasses Coal With 11% Growth In 2024 Updated On Fri, Jan 24th, 2025 by Saurenergy European Union (EU) in 2024 witnessed an 11% rise in solar-generated electricity overtaking coal which fell below 10%. European Electricity Review by Ember said. The latest review by think tank Ember, identified, a decline in gas generation in the EU for the fifth year in a row, and total fossil generation also fell to a […] Read more
