Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline Updated On Wed, May 17th, 2017 by Saurenergy 8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […] Read more
ET Energy Commissions 26 MWp of Solar Projects in the UK Updated On Fri, May 5th, 2017 by Saurenergy ET Energy acquired the development rights to these solar power projects during 2016 and sold them to funds managed by Octopus Energy Investments at the end of the year. ET Energy has built six solar power projects totaling 26 MWp in the United Kingdom on behalf of funds managed by Octopus Energy Investments. The solar […] Read more
Canadian Solar Secures AUD65 Million Project Financing for its 47MWp Solar Power Projects in Australia Updated On Tue, May 2nd, 2017 by Saurenergy The 17MW Longreach 30MW Oakey solar power projects in Queensland, Australia are both scheduled to commence construction in May 2017 and reach commercial operation in early 2018. Canadian Solar, one of the world’s largest solar power companies, today announced that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term […] 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
Haryana Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Haryana Solar Energy Policy Updates 2017 A discussion paper was released by the Haryana Electricity Regulatory Commission (HERC) in July 2017, stating Terms and Conditions for Determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC)) Regulations, 2017. The draft mentioned the useful life for solar power projects determined […] Read more
Chhattisgarh Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy OBJECTIVE To encourage, develop and promote solar power generation in the State with a view to meet the growing demand for power in an environmentally and economically sustainable manner. To enhance the private sector participation in solar power generation. To create a favorable environment for development of solar manufacturing capabilities within the State. To contribute […] Read more
