Lithium-Ion Battery Market to Reach Worth $93.1 Billion by 2025: Grand View Research Updated On Fri, Nov 3rd, 2017 by Saurenergy The global lithium-ion battery market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level […] Read more
India and Other Emerging Economies Can Unlock Trillions of Dollars in Climate Finance: IFC Global Report Updated On Thu, Nov 2nd, 2017 by Saurenergy Estimates indicate that India is on track to exceed its target of reducing greenhouse-gas emissions intensity by up to 35 percent by 2030. Developing countries like India can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business […] Read more
CleanMax Solar Installs Solar Power System at Dilli Haat in Pitampura Updated On Thu, Nov 2nd, 2017 by Saurenergy This rooftop solar power plant is expected to generate 1.97 lac units of electricity through the year. As part of the 2.5 MW contract secured with the Delhi Government’s power generation arm, Indraprastha Power Generation (IPGCL), CleanMax Solar has commissioned a 140 kWp solar plant at the food and craft bazaar, Dilli Haat in Pitampura. […] Read more
Indian Solar Capacity to Hit 20GW by FY 2017-18 Updated On Thu, Nov 2nd, 2017 by Saurenergy According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts. The current utility […] Read more
Global concentrated solar power market to reach USD 8.92 billion by 2025: Research and Markets Updated On Wed, Nov 1st, 2017 by Saurenergy Research and Markets in its new report predicts the global concentrated solar power market to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling the market growth. Increasing clean energy adoption over non-renewable fuels is expected to drive the global concentrated […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
India and Italy Confirm Their Commitment on Full Implementation of Paris Climate Agreement Updated On Tue, Oct 31st, 2017 by Saurenergy India and Italy acknowledged the enhanced technical cooperation in the renewable energy sector and welcomed the MoU between the Ministry for the Environment of Italy and the Ministry of New and Renewable Energy of India. India and Italy in a joint statement on Monday confirmed their strong commitment to the full implementation of the Paris […] Read more
Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt Updated On Mon, Oct 30th, 2017 by Saurenergy The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […] Read more
United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings Updated On Mon, Oct 30th, 2017 by Saurenergy Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […] Read more