Financers, Bankers and Economists Discuss Measures to Improve Financing for Renewable Energy Projects; Laud India’s Achievements in Renewable Energy Updated On Thu, Oct 4th, 2018 by Saurenergy Leading bankers and renewable energy financing experts from multi-lateral agencies discussed solutions to issues pertaining to financing of renewable energy projects, and how access to financing can be improved to expand clean energy projects across the world, at a Plenary Session titled ‘Bankers’ Perspective on Renewables’, of the 2nd Global RE-Invest India-ISA Partnership Renewable Energy […] Read more
Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd Updated On Sat, Sep 29th, 2018 by Saurenergy Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […] Read more
Statkraft to Invest $1.2 Bn in Renewable Energy Updated On Thu, Sep 27th, 2018 by Saurenergy In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […] Read more
Renewable Energy May Cause $6 Trillion Fossil-Fuel Divestment Updated On Wed, Sep 12th, 2018 by Saurenergy J P Morgan mentions that contrary investment in the renewable energy would pose a high risk on shareholder returns for the oil giants. With an increased pressure from governments and consumers to use renewable energy, oil industry is eyeing investing in alternative sources of energy. Leading market analyst, J P Morgan suggests that the global […] Read more
US Energy Storage Market Jumps 42% QoQ: Report Updated On Mon, Sep 10th, 2018 by Saurenergy The energy storage market in US has tremendously increased from 43.6 MW in Q1 2018 to 61.8 MW in Q2 2018 whereas the market grew 60 percent year-on-year. A leading clean energy data and information aggregator suggests US’s energy storage market to have jumped 42 percent from the previous quarter. The energy storage market in […] Read more
Australia May Fetch 50% Power from Renewable Energy by 2025 Updated On Mon, Sep 10th, 2018 by Saurenergy The report suggests that even though the policy support 100 percent reliance on the renewable energy has collapsed following a voting, the solar developments have retained their unexpected pace. A report by a leading energy research, education and public policy organization, ANU Energy Change Institute has stated that if Australia maintains the current track of […] Read more
Conti Solar to Construct 35 MW Solar Portfolio for Southern Sky Renewable Energy Updated On Wed, Sep 5th, 2018 by Saurenergy Further, the portfolio which Conti Solar will develop contains 5 projects including brownfield, landfill, and greenfield projects and are located in the towns of Warwick, Cranston and Johnston in central Rhode Island. Solar EPC, O&M and energy storage company Conti Solar was selected to provide full turnkey EPC services for Southern Sky Renewable Energy’s 35 MW […] Read more
Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy Updated On Wed, Sep 5th, 2018 by Saurenergy The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […] Read more
Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020 Updated On Tue, Aug 28th, 2018 by Saurenergy In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […] Read more