$59 Million Fund to Accelerate Research in Batteries and Electric Vehicles Updated On Mon, Apr 8th, 2019 by Saurenergy Funded through the Office of Energy Efficiency and Renewable Energy, this funding opportunity seeks projects to address priorities in advanced batteries electric drive systems, and energy efficient mobility systems amongst other areas of interest. The U.S. Department of Energy, Under Secretary of Energy, Mark W. Menezes has announced up to $59 million for new and […] Read more
PFS Partners with USICEF For Financing Solar Projects in India Updated On Mon, Apr 8th, 2019 by Saurenergy PFS has partnered with USICEF to leverage funds for distributed solar power projects in the country. Infrastructure finance company, PTC India Financial Services (PFS) has partnered with the US-India Clean Energy Finance (USICEF) to secure funds for funding solar projects in India. “It is an innovative facility which presents PFS with an opportunity to finance […] Read more
Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
UNDP Tenders For 10.5 MW Solar Power Projects in Gambia Updated On Fri, Apr 5th, 2019 by Saurenergy The last date of bid submission is April 23, 2019. The United Nations Development Program (UNDP) has invited interested companies to submit expressions of interest (EoI) for the deployment of two solar PV projects (Project I and Project II) in the Gambia to be implemented by a single Independent Power Producer (IPP). Project 1 will […] Read more
MYSUN Secures 11MW New Orders from Mah, Raj; Expands Presence to 7 States Updated On Fri, Apr 5th, 2019 by Saurenergy Adding to its presence in Delhi, Haryana and Uttar Pradesh, the company added industrial and institutional clients in Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Puducherry in FY 2018-19. One of the leading players in the rooftop solar space, MYSUN has received new orders aggregating 11 MW from Maharashtra and Rajasthan states in past 30 […] Read more
Bihar Sets Generic Tariff For Solar Projects at Rs 4.17/kWh For FY 2019-20 Updated On Fri, Apr 5th, 2019 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has set then generic tariff for procurement of solar power in the state at Rs 4.17 per kWh. In a period when faster adoption of solar and renewable energy sources is driving state commissions to set new and more feasible generic tariff rates for the new fiscal years, BERC, […] Read more
Global Solar PV Market To Reclaim Double-Digit Growth, India Falls behind Updated On Fri, Apr 5th, 2019 by Saurenergy The latest IHS Markit’s Report on Solar sector says this revived growth is coming mainly from markets outside of China, which are forecast to rise by 43% in 2019 but USA will overtake India to once again become the second-largest PV market. The global solar PV market is set to bounce back from single-digit growth […] Read more
$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments Updated On Fri, Apr 5th, 2019 by Saurenergy The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […] Read more
Promote RE to Ensure Energy Security & Protect Climate : Naidu Updated On Thu, Apr 4th, 2019 by Saurenergy The Vice President of India, M. Venkaiah Naidu has called for the promotion of new and renewable energy in a big way. He said moving to renewable would not just ensure energy security but also protect the climate, reduce pollution. ‘Adequate growth in renewable energy would serve a dual purpose – firstly, it would contribute […] Read more