ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
Iberdrola Commences Work on $340 million Spanish Solar Plant Updated On Wed, Mar 20th, 2019 by Saurenergy Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […] Read more
Panasonic Sets Up EV Charging Station at BSES Yamuna Power Limited Updated On Tue, Mar 19th, 2019 by Saurenergy Panasonic, a diversified technology company, announced its collaboration with BSES Yamuna Power Limited to set up an electric vehicle charging station at their New Delhi head office. Globally known for sustainable efforts, Panasonic has developed the charging station in India at their in-house R&D center. The EV charging station was inaugurated in the presence of […] Read more
Researchers Create Hydrogen Fuel From Seawater Updated On Tue, Mar 19th, 2019 by Saurenergy A Stanford-led team has developed a way to harness seawater, Earth’s most abundant source, for chemical energy using solar energy. A team of researcher from Stanford University has devised a way to generate hydrogen fuel using solar power, electrodes and saltwater from San Francisco Bay. Their findings were published in the Proceedings of the National Academy […] Read more
A Solar-Powered Device Turning Air into Water Updated On Mon, Mar 18th, 2019 by Saurenergy In a “breakthrough”, scientists have developed a novel solar-powered harvesting system that absorbs moisture from the air and converts it into clean, usable water. The technology, described in the journal Advanced Materials, could be used in disaster situations, water crises or poverty-stricken areas and developing countries. It relies on hydrogels, gel-polymer hybrid materials designed to […] Read more
Sungrow Partners with Gridserve to Supply Largest Unsubsidised Solar-Plus-Storage Project in UK Updated On Sat, Mar 16th, 2019 by Saurenergy Sungrow and GRIDSERVE will supply PV inverters and energy storage systems for the United Kingdom’s largest unsubsidised solar-plus-storage project, comprising of a 34.7 MW PV park including a 27 MW/30MWh energy storage system. Sungrow, one of the leading inverter solution supplier for renewables globally, has announced that it is supplying PV inverters and energy storage systems […] Read more
National Mission on Transformative Mobility and Battery Storage Gets Cabinet Approval Updated On Fri, Mar 15th, 2019 by Saurenergy The Mission will define the roadmap for transformative mobility in “New India” by introducing a sustainable mobility ecosystem and fostering Make-in-India to boost domestic manufacturing and employment generation in the country. The Union Cabinet has approved the setting up of the National Mission on Transformative Mobility and Battery Storage, to drive clean, connected, shared, sustainable […] Read more
World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
