Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Solar Photovoltaic Material Market to Reach US$ 19,607.5 Mn by 2024: Transparency Market Research Updated On Wed, May 17th, 2017 by Saurenergy Rise in demand for solar photovoltaic installation in the power industry is expected to drive the demand for solar photovoltaic material during the forecast period Transparency Market Research in its new report forecasts the global solar photovoltaic material market to reach US$ 19,607.5 Mn by 2024, expanding at a CAGR of 11.4% between 2016 and […] Read more
Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
Solar Street Lighting Market to Reach US$ 22.30 Bn by 2025: Transparency Market Research Updated On Fri, May 12th, 2017 by Saurenergy Solar Street Lighting Market was valued at US$ 3.47 Bn in 2016 and is anticipated to reach US$ 22.30 Bn by 2025, expanding at a CAGR of 23.4% between 2017 and 2025. Transparency Market Research has published a new market report titled “Solar Street Lighting Market 2017-2025”. According to the report, the Solar Street Lighting Market was valued at US$ 3.47 Bn in […] Read more
d.light Join Hands with Microfinance Institutions to Provide Solar Energy in Kenya Updated On Thu, May 11th, 2017 by Saurenergy Low-income earners in Kenya can now access solar energy through d.light Partnership with Microfinance Institutions Off-grid solar solutions provider d.light has signed a new partnership with micro lender Musoni to enable low income consumers in Kenya to access solar energy at affordable prices. More than 47 million households in Africa and Asia have no electricity […] Read more
SEFA Grants Us$ 1 Million to a 20 MW Off-Grid Rooftop Solar Project in Zimbabwe Updated On Wed, May 10th, 2017 by Saurenergy The African Development Bank’s Sustainable Energy Fund for Africa will support the project’s financing by funding technical feasibility work, legal advisory in regards to the preparation of key solar project agreements, as well as offering financial advisory towards developing a bankable project. The African Development Bank (AfDB)-managed Sustainable Energy Fund for Africa (SEFA) has approved […] Read more
India assists Mauritania with $65.68 million for solar-diesel hybrid rural electrification Updated On Mon, May 8th, 2017 by Saurenergy New Delhi has approved letters of credit worth $65.68 million for a solar-diesel hybrid rural electrification project in the North African country, the Embassy of Mali, which is also accredited to the country, has said. Despite very low trade between India and Mauritania, New Delhi has approved letters of credit worth $65.68 million for a […] Read more
Agreements Signed For 120 MW of Solar Power Projects in Nigeria Updated On Tue, May 2nd, 2017 by Saurenergy Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited have inked an agreement for put/call option with the Ministry of Power Works and Housing for 120 MW of Solar Power Projects in Nigeria Two more solar project developers have signed financial risk agreements for utility-scale solar power projects in Nigeria, strengthening the country’s roadmap towards becoming […] Read more
