World Bank Okays $250 Mn for Rajasthan’s Electricity Distribution Sector Reforms Updated On Tue, Jul 10th, 2018 by Saurenergy This is the second loan for Rajasthan in the series of two operations planned for a comprehensive turnaround of the state’s electricity distribution sector. It’s first loan was closed in March 2017. The World Bank has approved USD 250 million development policy loan (DPL) aiming to help Rajasthan government in improving the performance of its electricity distribution […] Read more
PE/VC Inflows Surged by 46 Percent in First Half, Cross $15 Billion, Says Report Updated On Tue, Jul 10th, 2018 by Saurenergy The report stated that the period saw as many as 36 large deals worth USD 11.5 billion, which were mostly buyouts, making such deals the highest ever at USD 4.9 billion, or 32 percent of all investments received. The funds from the private equity (PE) and venture capitalists (VCs) have surged by 46% in the first […] Read more
Investment in Solar Power Projects Likely to Fall in 2018 Updated On Tue, Jul 10th, 2018 by Saurenergy The mixed picture for global clean energy investment in 2018 is emerging, and at the same time, the commitment to wind and energy-smart technologies such as EV and batteries are running above last year’s levels. In the first half of 2018, the global net investment in solar power projects fell 19 percent from $71.6 billion […] Read more
Six UP Cities Alone Have Potential to Generate 11.4 GW, Says Report Updated On Sat, Jul 7th, 2018 by Saurenergy Solar rooftop has a game-changing potential to completely revitalize the development landscape with improved power supply, massive capital infusion and a significant rise in job creation In a report released by the Centre for Environment and Energy Development, the six UP cities alone have been identified that can generate 11.4 GW of solar energy using […] Read more
Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
Scatec Solar Gets 47 MW Solar Project in Ukraine Updated On Fri, Jul 6th, 2018 by Saurenergy Further, the projects will be realized under the country’s feed-in-tariff scheme and the 3 plants are expected to produce about 58 GWh per year. Independent solar power producer Scatec Solar has entered into agreements with Rengy Development securing projects of 47 MW in Ukraine. Further, the projects will be realized under the country’s feed-in-tariff scheme […] Read more
ABB Wants to Expand Factories, Cater to Railways’ Demand Updated On Fri, Jul 6th, 2018 by Saurenergy The company said it spends about USD 100 million on its business in the country every year, ABB India Managing Director Sanjeev Sharma said here. In order to expand their portfolio ABB India, a power and automation technology firm, is looking to expand its facilities to cater to growing demands from railways and also increasing focus on renewable energy space. […] Read more
Vivint Solar Hires Miranda Barnard as Vice President of Marketing Updated On Fri, Jul 6th, 2018 by Saurenergy Barnard brings with her more than 15 years of experience specializing in content marketing and communications, having worked extensively with agencies and in-house marketing teams. US based residential solar solutions provider Vivint Solar has appointed Miranda Barnard as Vice President of Marketing. In this role, Barnard will oversee the company’s marketing activities and branding […] Read more
