1 Billion USD Guarantee Can Lead to 15 Billion US Dollars Investment for Solar Energy Updated On Wed, Nov 15th, 2017 by Saurenergy CRMM could help build over 1 terrawatt (TW), or 1000 GW, of solar power generation capacity in low and middle-income countries by 2030. According to a study by Common Risk Mitigation Mechanism, a USD 1 billion guarantee could crowd in up to USD 15 billion of investments for 20GW of solar PV capacity in more […] Read more
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
PlantPredict Energy Modeling Used as Basis for Project Performance Guarantees Updated On Mon, Nov 6th, 2017 by Saurenergy Energy predictions generated by PlantPredict are used as the basis for EPC and O&M guarantees for projects including the 40MWac Cuyama Solar Project. First Solar has confirmed that PlantPredict, the company’s utility-scale solar photovoltaic (PV) energy prediction software, has been used to generate the reference energy predictions in the sale of three utility-scale projects totaling […] Read more
Lead-Acid Battery Market in Southeast Asia to Benefit from the Change in Energy Mix : Technavio Updated On Thu, Nov 2nd, 2017 by Saurenergy Technavio market research analysts forecast the lead-acid battery market in Southeast Asia to grow at a CAGR of close to 9% during the forecast period, according to their latest report. The market study covers the present scenario and growth prospects of the lead-acid battery market in Southeast Asia for 2017-2021. The report identifies East Penn […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
ENGIE Accelerates Its Development in the Off-Grid Energy Market by Joining Forces with Fenix Updated On Mon, Oct 23rd, 2017 by Saurenergy Fenix will be the agile growth engine for ENGIE’s SHS business in Africa and enable us to become a leading profitable off-grid energy services company on the continent, reaching millions of customers by 2020. ENGIE and Fenix announced that they have agreed on a transaction in which ENGIE will acquire1 100% of Fenix International, a […] Read more
Sonnedix Announces Partnership and Acquisition of Controlling Interest in Cox Energy Chile SpA Updated On Wed, Oct 4th, 2017 by Saurenergy As a result of the acquisition, Sonnedix has secured a 20-year off-take commencing in 2022 and the option to acquire a 74 MW solar project that adds to its current development portfolio of more than 250 MW. Sonnedix has announced the acquisition of a controlling interest in Cox Energy Chile SpA and a strategic […] Read more
IESA commemorates World Energy Storage Day by organizing policy roundtable Updated On Fri, Sep 15th, 2017 by Saurenergy The objective of this forum is to have a dialogue between thought leaders from industry and the policy makers to identify policy priorities that can help drive adoption of energy storage in India and make India a global hub for manufacturing of advanced energy storage technologies by 2020 said IESA. To commemorate on the 1st […] Read more
Energy Storage Market to Touch 70 GW by 2022 Updated On Tue, Sep 12th, 2017 by Saurenergy The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […] Read more