Each Year, 500MW to 1,000MW of Energy Will be Added by Renewable Energy Firm Mytrah Updated On Wed, Nov 29th, 2017 by Saurenergy With 500 MW of projects of Solar, the company is listed among the AIM of London Stock Exchange. Energy capacity of between 500MW to 1,000MW to be added each year constituting both solar and wind energy is next on the cards for renewable energy company Mytrah, said a top company official. In the next few […] Read more
Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report Updated On Wed, Nov 29th, 2017 by Saurenergy Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […] Read more
Canadian Solar to Build 367 MW Solar Projects in Mexican Energy Auction Updated On Tue, Nov 28th, 2017 by Saurenergy Canadian Solar will develop and build three projects, totaling 367 MW in Mexico’s third Long-term Auction for renewables held on Nov. 15 Canadian Solar Inc. has announced that it won 367 MW of solar power projects in Aguascalientes, Hermosillo and Obregón, Mexico, in the country’s third Long-term Auction for renewables held on Nov. 15. Canadian […] Read more
$205 Million Raised, As The Year’s Third Largest Funding By New Energy Solar As IPO Updated On Tue, Nov 28th, 2017 by Saurenergy At the median share range of $1.50 per share between $1.45 and $1.55 the book was closed totaling to $205 million. The amount of $205 million at $1.5 per share has been raised by renewable energy investor New Energy Solar as per their Initial Public Offering (IPO) by Morgan Stanley and Evans and Partners. Bookrunner […] Read more
Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
Qatar to Adopt First Renewable Energy Strategy Updated On Mon, Nov 27th, 2017 by Saurenergy Many government bodies in Qatar are cooperating to adopt the first renewable energy strategy to diversify energy sources and reduce harmful emissions. To cut carbon emission and diversify energy sources, Qatar has increased its efforts to adopt the first renewable energy strategy. Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, speaking at […] Read more
Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions Updated On Mon, Nov 27th, 2017 by Saurenergy MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […] Read more
Solar Energy Scheme for small powerloom units will get Rs. 2.5 lakh Subsidy per unit Updated On Mon, Nov 27th, 2017 by Saurenergy The scheme will enable to repay the bank loans in a span of 3 to 4 years. Solar energy scheme for small units of powerlooms was announced by the Ministry of Textiles in regards with on-grid solar PV plant (without battery backup) and off-grid solar PV plant (with battery backup) in which a subsidy of […] Read more
Hydrogen Fuel for Cars One Step Closer to Reality Updated On Mon, Nov 27th, 2017 by Saurenergy The technology, described in a paper in the journal Energy Storage Materials, could be especially useful in rural areas, or to military units serving in remote locations. Researchers at University of California, Los Angeles have designed a device that can use solar energy to inexpensively and efficiently create and store energy, which could be used […] Read more