Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] Read more
Masdar Targets 5 GW of Renewables in Three African Countries Updated On Mon, Jan 23rd, 2023 by Saurenergy UAE flagship renewable energy company Masdar has revealed that it has signed agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 GW. Deals were done under ‘Etihad 7’ initiative, a UAE-led initiative that aims […] Read more
Solis Shines Bright at Abu Dhabi Updated On Mon, Jan 23rd, 2023 by Saurenergy Solis, a global leader in solar inverter technology, displayed its most powerful inverters at World Future Energy Summit in Abu Dhabi from January 16th-18th. The World Future Energy Summit (WFES) is the leading international event accelerating sustainability and the global transition to clean energy. Solis’s booth grabbed many eyeballs and was the focal point of […] Read more
USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days Updated On Thu, Jan 19th, 2023 by Saurenergy As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […] Read more
Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA Updated On Wed, Jan 18th, 2023 by Saurenergy Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […] Read more
Countries That India Can Seek Inspiration From For Renewable Investments Updated On Tue, Jan 17th, 2023 by Saurenergy India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […] Read more
Denmark’s Ørsted to Develop Mockingbird Solar Center in Texas Updated On Mon, Jan 16th, 2023 by Saurenergy Global clean energy company based in Denmark, Ørsted has said that it has taken a final investment decision (FID) on 471 MW Mockingbird Solar Centre, a solar power plant, in the Texas, the USA. The decision also includes the donation of 1,000 acres of tall grass prairie for the purpose of conservation. The Solar Projects […] Read more
Madhya Pradesh Plans Three New Floating Solar Projects Worth INR 7,500 Cr Investment Updated On Thu, Jan 12th, 2023 by Saurenergy Officials present in one of the sessions on the first day of ‘Invest Madhya Pradesh-Global Investors Summit’ that is being held in Indore, said that the development work on three floating solar power plants on water reservoirs in the state of Madhya Pradesh is about to commence. The investment into the three floating solar power […] Read more
South Korea’s Qcells to Build $2.5 Bn Solar Factory in US; More Than Doubles Production Updated On Thu, Jan 12th, 2023 by Saurenergy South Korea’s solar cells and modules maker Qcells will invest over $2.5 billion to expand its solar module manufacturing operations in Georgia, USA. Qcells will build a new facility in Cartersville and add a third facility to its Dalton location, creating more than 2,500 new jobs in northwest Georgia. These investments are expected to bring […] Read more
