IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
South Sioux City in US To Add 1.5-MW of Battery Storage for Solar Project Updated On Tue, Jun 4th, 2019 by Saurenergy The city of South Sioux City will become a “demonstration site” for the storage of electric power generated by the city’s 1,200-panel solar installation. A large-scale battery with the capacity to store 1.5 megawatts of power will be installed by Florida-based NextEra Energy Inc. this winter, according to the City Administrator Lance Hedquist. The battery […] Read more
Centuary Mattresses Goes Solar With Freyr Energy Updated On Tue, Jun 4th, 2019 by Saurenergy The move came as the company wants to fulfill its rising energy demand via eco-friendly uninterrupted power supply after it saw surge in business operations and also acceleration in mattresses production. In a bid to contribute towards country’s clean and green energy initiatives, one of the leading mattress makers, Centuary Mattresses has successfully commissioned 240 […] Read more
Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
MNRE Invites Proposals For Development of Gravity Storage Projects Updated On Mon, Jun 3rd, 2019 by Saurenergy The specific objective of the proposal is to develop a prototype system integrating renewable energy with gravity storage. The Ministry of New and Renewable Energy (MNRE) has been supporting a research programme on different aspects of renewable energy and energy storage. With an increasing share of renewables, there would be a requirement of Energy Storage […] Read more
MNRE Invites Project Proposals For Solar-Driven Seawater Hydrogen Production Updated On Mon, Jun 3rd, 2019 by Saurenergy MNRE has invited preliminary project proposals on “Solar-driven seawater hydrogen production and producing methane by sequestering CO2” The Ministry of New and Renewable Energy (MNRE) has been supporting a research programme on different aspects of the production of hydrogen from renewable energy sources, its safe and efficient storage, and its various applications. In the above […] Read more
IRENA Report on A New World: The Geopolitics of the Energy Transformation Updated On Fri, May 31st, 2019 by Saurenergy The growing deployment of renewables has set in motion a global energy transformation with significant implications for geopolitics. The Director-General of the International Renewable Energy Agency (IRENA), Adnan Z. Amin, with the support of the Governments of Germany, Norway and the United Arab Emirates, convened the Global Commission in January 2018 to address this implication. The […] Read more
IRENA Report on Renewable Energy Market Analysis: GCC 2019 Updated On Fri, May 31st, 2019 by Saurenergy Renewable energy has advanced rapidly in the Gulf Cooperation Council (GCC) countries since 2014. The project pipeline reached almost 7 gigawatts (GW) of new power generation capacity by 2018, after record-breaking bids in renewable energy auctions in the United Arab Emirates (UAE) and Saudi Arabia made solar power cost-competitive with conventional energy technologies. This report […] Read more
