Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
Draft Regulations For Tariff of Distributed Solar Projects in Chhattisgarh Updated On Fri, Jun 14th, 2019 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC)has issued its draft regulations for Grid Interactive Distributed Renewable Energy Sources 2019. The Government of India has set an ambitious target to achieve 40 GW of cumulative installed capacity from grid-connected rooftop Photovoltaic (GRPV) systems by 2022. And in order to achieve that target, the center has partnered […] Read more
Solar Panels’ Efficiency Drop: UK Researchers Solve Key Flaw Updated On Wed, Jun 5th, 2019 by Saurenergy The new research shows the first observation of a previously unknown material defect which limits silicon solar cell efficiency. Prof Tony Peaker, who co-ordinated the research in the University of Manchester, now published in the Journal of Applied Physics said: “Because of the environmental and financial impact solar panel ‘efficiency degradation’ has been the topic […] Read more
MNRE Invites Project Proposals For Solar-Driven Seawater Hydrogen Production Updated On Mon, Jun 3rd, 2019 by Saurenergy MNRE has invited preliminary project proposals on “Solar-driven seawater hydrogen production and producing methane by sequestering CO2” The Ministry of New and Renewable Energy (MNRE) has been supporting a research programme on different aspects of the production of hydrogen from renewable energy sources, its safe and efficient storage, and its various applications. In the above […] Read more
IRENA Report on Renewable Capacity Statistics 2019 Updated On Fri, May 31st, 2019 by Saurenergy The International Renewable Energy Agency (IRENA) produces comprehensive renewable energy statistics on a range of topics. This publication presents renewable power generation capacity statistics in trilingual tables for the last decade (2009 – 2018). Renewable power generation capacity is measured as the maximum net generating capacity of power plants and other installations that use renewable […] Read more
Tata Power’s Renewable Arm Gets LOA for 100MW Solar Project in Gujarat Updated On Thu, May 30th, 2019 by Saurenergy As per the deal, Tata Power will supply electricity to the state utility GUVNL under a 25 year Power Purchase Agreement (PPA). Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), a renewable arm of utility giant Tata Power, got a Letter of Award (LOA) to develop 100 MW project in Gujarat’s […] Read more
Cost of Renewable Power Dropped to a Record Low in 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […] Read more
Belectric Commissions 1.9 MWh Battery Storage Facility for Audi Updated On Tue, May 28th, 2019 by Saurenergy German EPC player, Belectric has announced that a new battery storage facility was officially inaugurated at the EUREF Campus, a green innovation cluster in Berlin. The company was contracted to build the battery storage facility for Audi, with its 20 batteries sourced from test vehicles belonging to the car manufacturer. The system is part of […] Read more
