Japan’s Daiwa Acquires Minority Stake in 1.2 GW Hornsea One Offshore Windfarm Updated On Wed, Mar 15th, 2023 by Saurenergy Japan’s Daiwa Energy & Infrastructure has announced that it has acquired a minority stake in Hornsea One offshore wind project. Daiwa said in its official statement that the acquisition is constructed on its partnership with Equitix, which has been cultivated since its first co-investment in Electricity North West Limited in 2019. Daiwa Energy & Infrastructure […] Read more
Husk Power is First to Cross 200 Minigrids Milestone Across Asia and Africa Updated On Mon, Feb 27th, 2023 by Saurenergy Husk Power has become the first company to own and operate more than 200 community solar minigrids in Asia and Africa. it did this whole even as it averaged a rollout of 16 minigrids per month in recent months. With this, the firm has demonstrated an ability to ramp up that was considered a huge […] Read more
Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria Updated On Fri, Feb 24th, 2023 by Saurenergy The renewable energy expansion is expected to reach new heights in the African country of Nigeria as Universal Energy Facility (UEF) has announced providing grants to RE companies who applied to have their projects financed as part of the facility’s stand-alone Solar for Productive Use programme in Nigeria. UEF is a results-based financing facility managed […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] Read more
CSIR-IICT, Hyd & Luminous Power Technologies Join Hands to Develop Sustainable Battery Updated On Mon, Jan 23rd, 2023 by Saurenergy Gurugram based firm for energy storage solutions for solar and inverter applications, Luminous Power Technologies Pvt. Ltd., and CSIR-Indian Institute of Chemical Technology, (CSIR- IICT), Hyderabad, have joined hands to develop a Rechargeable Aluminium Battery (RAB). CSIR-IICT delves into the development of materials used in alternate battery chemistries as next-gen technologies. An MOU was signed […] Read more
Columbia Center Report on Renewables Investment To Developing Countries Updated On Wed, Dec 14th, 2022 by Saurenergy Two new reports on the factors that encourage and obstruct investment in renewable energy in developing nations were just released by the Columbia Center on Sustainable Investment (CCSI). In the first report, “Scaling Investment in Renewable Energy Generation to Achieve Sustainable Development Goals 7 (Affordable and Clean Energy) and 13 (Climate Action) and the Paris […] Read more
United Nations Donates $10 Million for Renewables to Support Zimbabwe Updated On Mon, Dec 12th, 2022 by Saurenergy Just when Zimbabwe has been facing acute power shortages and prolonged darkness hampering the economic activities and the quality of life of the citizens, the United Nations (UN) has made a donation of $10 million to the African country to finance the development of renewable energy projects. The donation is to enable Zimbabwe to come […] Read more
IIT Madras, Deakin University to Launch Australia-India Centre for Energy (AICE) Updated On Fri, Dec 9th, 2022 by Saurenergy India and Australia are knitting their interests quite strongly when it comes to the development in the field of renewable energy. In a key development, Australia’s Deakin University has announced that it has partnered with the Indian Institute of Technology (IIT) Madras for the launch of an Australia-India Centre for Energy (AICE). The AICE virtual […] Read more
