World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
India Should Focus On To Build Solar-Electricity Storage System: Researcher Updated On Wed, Nov 29th, 2017 by Saurenergy The process having a mismatch between peak demand and electricity generation period for solar. The Fellow & Area Convenor at the Centre for Resource Efficiency and Governance in The Energy and Resources Institute (TERI), Nitya Nanda emphasized on building a robust storage system for electricity to have balance cost-effective energy mix. Nitya also stated about […] Read more
Intersolar India Exhibition and Conference To Be Held From December 5-7, 2017 Updated On Wed, Nov 29th, 2017 by Saurenergy The event will have Special Exhibitions on Electrical Energy Storage and Power2Drive. Intersolar India Exhibition and Conference will open its doors in less than a week on December 5 -7, 2017 at the Bombay Exhibition Centre(BEC) in Mumbai, providing a platform for all industry professionals to meet, exchange, discuss challenges and solutions and promote the […] Read more
EESL Organises Global Event INSPIRE 2017 on Energy Efficiency in Jaipur Updated On Tue, Nov 28th, 2017 by Saurenergy INSPIRE 2017 is a global conference which aims to bring various stakeholders such as policy makers, innovators, financiers, influencers to showcase best practices in the sector. Energy Efficiency Services Limited (EESL) in alliance with the World Bank and Alliance for an Energy Efficient Economy (AEEE) organised the first edition of the International symposium to promote […] Read more
Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
ADB Grants 44.76 Million Dollars Loan to Develop Solar Power Plant in Afghanistan Updated On Mon, Nov 27th, 2017 by Saurenergy The new on-grid solar power generation project will not only provide access to a clean and reliable power supply, but also demonstrate the viability of future renewable energy investments through public-private partnerships. The Asian Development Bank (ADB) has approved a $44.76 million grant to develop Afghanistan’s first 20 megawatts on-grid solar power plant and boost […] Read more
Modi Govt to Step Beyond Renewable Goal With China-Scale Tenders Updated On Sat, Nov 25th, 2017 by Saurenergy With renewable energy targets second only to those set by the government of China, India has a long way to go from a current base of 60 gigawatts to reach its ambition of 175 gigawatts in five years. In a bid to fulfill Prime Minister Narendra Modi’s climate pledges, India announced that it will tender […] Read more
Indian renewable energy companies among lowest rated: Report Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […] Read more
ET Energy to Build a 61MWp Solar Project for UiTM in Malaysia Updated On Fri, Nov 17th, 2017 by Saurenergy The project was awarded in the first round of the Large Scale Solar PV project bidding program, and the 61MWp solar power plant will be connected to the grid before the end of 2018. ET Energy, the leading developer and operator of clean energy in the world, has announced that it has signed with its […] Read more
