EIB Invests $150m to Fund Clean Energy Projects in Peru Updated On Fri, Dec 22nd, 2017 by Saurenergy The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […] Read more
Sacramento Airport Opens New Solar Energy Facility in California Updated On Tue, Dec 19th, 2017 by Saurenergy The solar project utilises more than 23,000 LG solar panels mounted on NEXTracker racking that tracks the sun from east to west over the course of the day, thereby maximising efficiency and energy generation Sacramento International Airport has formally opened a new solar energy facility which is likely to generate more than 30 percent of […] Read more
Schneider Electric Commits Generate Electricity From 100% Renewable Energy by 2030 Updated On Wed, Dec 13th, 2017 by Saurenergy The commitments are yet another step in Schneider Electric’s journey to becoming carbon neutral by 2030. Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity and is throwing light on the doubling of its energy productivity. The company strongly believes it cannot go renewable without […] Read more
Solar Panel Cleaning Startup Ecoppia Raises $13 Million Updated On Tue, Dec 12th, 2017 by Saurenergy The company’s founder Moshe and CEO Eran Meller started Ecoppia in 2013, has evolved with a distinct technology for cleaning solar panels. Harel Insurance investments and financial services Ltd. has recently invested in the Israeli startup Ecoppia with $13 Million. This was the third financing round the startup has secured funding. The current investors including […] Read more
HEEDING the Call for CYBER SECURITY in Renewable Energy Updated On Mon, Dec 11th, 2017 by Saurenergy This is a challenge, but even more so, it is an opportunity to advance the collective technologies towards the attainment of solar cyber security worldwide. In 2012, a computer virus, dubbed Stuxnet, disabled 1000 of Iran’s 5000 centrifuges, detailing a joint US-Israel cyber security attack on Iran that undermined its nuclear enrichment facilities. In 2014, Unit […] Read more
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
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
Thomson Reuters Named Sungrow Top 25 Global Renewable Energy Honoree Updated On Wed, Nov 22nd, 2017 by Saurenergy Sungrow has been one of the most fast growing companies in the clean energy industry. Thomson Reuters, a leading source for news and industry reports for professionals across the globe has named Sungrow, the global leading inverter solution supplier for renewables, as a Top 25 Global Renewable Energy Honoree in its Top 100 Global Energy […] 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
