Air-breathing Battery Could Cut Costs of Renewable Energy Storage Updated On Fri, Nov 24th, 2017 by Saurenergy Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […] Read more
India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
Elgin Energy Seeking Permission to Build a 100-Acre Solar Photovoltaic (PV) Park in Kilkenny Updated On Mon, Nov 13th, 2017 by Saurenergy The project will also eliminate 300,000 tonnes of carbon dioxide emissions in its whole operation lifespan of 30 years. In a slew of proposal applications to develop solar park, Elgin Energy’s application to build a huge 100-acre solar photovoltaic (PV) park in UK’s Kilkenny. The high inflow of applications has been considered as the major […] Read more
USAID Announces 6.3 Million Dollars in Awards to Bolster Sub-Saharan Africa’s Off Grid Energy Sector Updated On Tue, Oct 31st, 2017 by Saurenergy USAID has floated fund to provide capital to companies engaged in household solar-systems and micro-grids to expand operations. The United States Agency for International Development (USAID) awards 6.3 million dollars to facilitate in advancing off-grid energy solutions in sub-Saharan Africa. USAID has also announced several new awards at the Unlocking Solar Capital: Africa Conference in […] Read more
Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy Updated On Tue, Oct 31st, 2017 by Saurenergy The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […] Read more
ENACT Systems with Everest Industries Launches Solar Project Management Solution In India Updated On Tue, Oct 3rd, 2017 by Saurenergy ENACT’s software platform automates sales proposals, design, financing, installation and asset management for commercial and residential solar projects, improving workflow efficiency, reducing cost and helping scale new energy businesses. ENACT Systems, one of the leading enterprise software platform for solar projects in the US market has launched its offering for the Indian solar market. ENACT’s […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
US could stay in the Paris Agreement on climate change under right conditions: Rex Tillerson Updated On Mon, Sep 18th, 2017 by Saurenergy Tillerson’s remarks were in line with previous statements from the US State Department which said that the US is “open to re-engaging in the Paris Agreement if the US can identify terms that are more favourable to it, its business, its workers, its people, and its taxpayers” US Secretary of State Rex Tillerson said that […] Read more
Aluminum Major Nalco to Tap Renewable Energy for Power Requirements Updated On Mon, Sep 18th, 2017 by Saurenergy NALCO looks forward to set up a 20 MW solar power plant in Madhya Pradesh and issued inviting tender (NIT) for selection of developer for EPC for 50 MW solar power project at a suitable location in India. National Aluminum Company (Nalco) is betting big on renewable energy resources to meet its rising power requirements. […] Read more