Kenya Launches $47 Mn Off-Grid Solar Access Project Updated On Thu, Jun 13th, 2019 by Saurenergy Kenya has launched a $47 million facility under the Off-Grid Solar Access Project aimed at the private sector to provide solar and clean cooking solutions The government of Kenya has launched a $47 million (KSh 4.7 billion) facility under the Kenya-Off-Grid Solar Access Project (KOSAP) aimed at spurring the private sector to provide viable solar […] Read more
WB Grant For China RE and Battery Storage Promotion Project Updated On Thu, Jun 13th, 2019 by Saurenergy The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […] Read more
SNEC Shanghai 2019. India is falling ‘Behind’ Updated On Mon, Jun 10th, 2019 by Saurenergy At the SNEC Shanghai Show, held in shanghai from June 4-6, and among the largest expos for the solar industry in the world, after three days of meetings with visitors and exhibitors from China and other countries, for their view of the Indian market, we saw an almost uniform perspective on the Indian market this […] Read more
NTPC Offer Draws Out ISA Invite For Other Organisations to Enlist Updated On Mon, Jun 10th, 2019 by Saurenergy The New Delhi Headquartered International Solar Alliance (ISA), which finally started on its massive 1000 W mandate recently with the 270,000 plus solar water pump tender (through EESL), continues to lay the groundwork for its next phase of work. After the National Thermal Power Corporation (NTPC) submitted a proposal to approve it as a consultant […] Read more
Iberdrola Fast tracks its 590 MW Solar Project in Spain Updated On Fri, Jun 7th, 2019 by Saurenergy Iberdrola is moving forward with its renewables strategy with the 590 MW Francisco Pizarro solar project with an investment totaling more than €300 million. Spanish public multinational electric utility, Iberdrola has announced that it is moving forward with its renewables strategy with the Francisco Pizarro project which, with 590 MW and investment totaling more than […] Read more
Wpd Secures Wind Pipeline of 5 Projects Worth 160 MW in South Korea Updated On Wed, Jun 5th, 2019 by Saurenergy Germany-based Wpd has secured a project pipeline of five onshore wind projects with a total capacity exceeding 160 MW in South Korea. Germany-based wind energy major Wpd has announced that it has secured a project pipeline of five onshore wind projects with a total capacity exceeding 160 MW in South Korea. The pipeline has been […] Read more
IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
Kenya’s 1st Utility Scale IPP Solar Proj to Kick-off Construction Post Financial Close Updated On Mon, Jun 3rd, 2019 by Saurenergy Meanwhile, it is expected that the plant will reach commercial operation in mid-2020 as the construction work likely to take around twelve months. With an aim to power Africa’s growth trajectory, Globeleq is mulling to begin the construction of Kenya’s one of the first IPP-owned utility scale solar power plants post the financial close. This 40 […] Read more