India’s Three Battles To Lose Updated On Wed, Jun 30th, 2021 by Saurenergy What, and how India sets about achieving climate goals in the decade to 2030 matters. Not just for the impact it will have on doing our bit on global warming, but also for what it does to shift the country decisively away from our current energy pathways. The decade to 2030 also seems to be […] Read more
The Maldives Opens Pre-qualification For 11-14 MW Solar PV Tender Updated On Tue, Jun 22nd, 2021 by Saurenergy Under World Bank-supported Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project, the Maldives has opened pre-qualification for a solar PV tender of 11-14 MW capacity range. This PV installation project covers hybridisation of fourteen island grids which currently rely almost entirely on diesel for power generation. Interested developers can submit applications for pre-qualification on or before 1 […] Read more
Policy, Finance & Grid Vital to Achieve India’s Ambitious Climate Goals Updated On Fri, Jun 18th, 2021 by Saurenergy With a global effort towards a transition to clean energy already underway, India has set ambitious targets for itself — 450 GW renewables capacity to be created by 2030. Despite the country’s many achievements in the last 5 years in the renewables sector, which have resulted in its having the world’s 5th largest solar and […] Read more
Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future Updated On Fri, Jun 18th, 2021 by Saurenergy What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
Clean Energy Investment in Developing Economies a Global Priority: IEA Updated On Thu, Jun 10th, 2021 by Saurenergy New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […] Read more
Pakistan Railways Follows The Sun, To Shift Stations To Solar Updated On Thu, Jun 3rd, 2021 by Saurenergy Pakistan Railways has finally made a call to shift 155 railway stations to solar energy. The move follows a prod by the federal government to use alternative environment-friendly energy resources. The railways PR Director Nazia Jabeen says that the cost of the project would be Pakistani Rs 450 million. Pakistan, which has an existing installed […] Read more
IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
GOGLA Report 2020: ‘Slow, Uneven Recovery of Off-grid Solar Industry’ Updated On Tue, May 25th, 2021 by Saurenergy The recently released July-December 2020 edition of the Global Off-Grid Solar Market Report analyses off-grid solar lighting sales trends during a 6-month period in East Africa, West Africa, Central Africa, South Asia, East Asia, and the Pacific, amid the current global pandemic. It finds that the off-grid industry is showing early signs of a slow […] Read more