ENGIE Accelerates Its Development in the Off-Grid Energy Market by Joining Forces with Fenix Updated On Mon, Oct 23rd, 2017 by Saurenergy Fenix will be the agile growth engine for ENGIE’s SHS business in Africa and enable us to become a leading profitable off-grid energy services company on the continent, reaching millions of customers by 2020. ENGIE and Fenix announced that they have agreed on a transaction in which ENGIE will acquire1 100% of Fenix International, a […] Read more
How Solar Won The Dirty Game? Updated On Tue, Oct 10th, 2017 by Saurenergy Who would ever expect a country with generations naively leaned towards fossil fuels and struggling to lighten up their houses will be blessed with solar power. Sounding like intercession, today, a livelihood is well upholstered to arrogate a technology-driven life. Apparently, the black smut coal field where nourishment of human-kind was painted black has open-armed […] Read more
Two 10 MW floating solar projects are coming up in Andhra Pradesh and Kerala soon Updated On Tue, Oct 3rd, 2017 by Saurenergy “Two 10 MW floating solar projects, which will be the largest so far in the country, will come up in Andra Pradesh and Kerala. We are carrying out the design,” Two floating solar projects with the capacity of 10 MW each are coming up in Andhra Pradesh and Kerala to harness unutilised water bodies. “Two […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more
Centre aiming to install 175 Gigawatt renewable power by 2022: Harsh Vardhan Updated On Fri, Sep 1st, 2017 by Saurenergy “The government has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far,” said Vardhan. Minister of Science & Technology, Environment, Forest and Climate Change Dr. Harsh Vardhan on Thursday said the government is aiming to install 175 GW […] Read more
International Finance Corporation Plans $6 Billion Investment in India Updated On Wed, Jul 19th, 2017 by Saurenergy International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […] Read more
IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
Morocco Secures USD 25 Million Loan for Solar Energy Projects Updated On Thu, Jul 6th, 2017 by Saurenergy The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […] Read more
India Can Integrate 175 Gigawatts of Renewable Energy into the Electricity Grid: Study Updated On Sat, Jul 1st, 2017 by Saurenergy The report developed under the U.S.-India bilateral program “Greening the Grid”, confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022, and identifies future course of actions that are favorable for such integration Power, Coal, New & Renewable Energy, Piyush Goyal recently released the first part of the study “Pathways […] Read more
