Cabinet approves launch Kisan Urja Suraksha evam Utthaan Mahabhiyan Updated On Tue, Feb 19th, 2019 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Shri Narendra Modi has approved launch of Kisan Urja Suraksha evam Utthaan Mahabhiyan with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants. Component-B: […] Read more
Cabinet approves Phase-II of Grid Connected Rooftop Solar Programme for achieving cumulative capacity of 40,000 MW from Rooftop Solar Projects by the year 2022 Updated On Tue, Feb 19th, 2019 by Saurenergy The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi has given its approval for the Phase-II of Grid Connected Rooftop Solar Programme for achieving cumulative capacity of 40,000 MW from Rooftop Solar (RTS) Projects by the year 2022. The programme will be implemented with total central financial support of Rs.11,814 […] Read more
EBRD, BSTDB to Finance 57.6 MW Solar Plant in Ukraine Updated On Sat, Feb 16th, 2019 by Saurenergy Now, the country is mulling to increase the share of renewables in its energy mix mainly on account of a new solar plant located in the Mykolaiv region. International lenders, the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) will be financing the 57.6 MW new solar […] Read more
The Home Depot Expands Renewable Energy Initiatives Updated On Fri, Feb 15th, 2019 by Saurenergy The company will purchase enough wind energy from the Pretty Prairie Wind Project in Kansas to power about 40 stores for a year. CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change “A” list for cutting carbon emissions and alleviating climate risks. In this year’s CDP report, The Home Depot […] Read more
India Can Achieve 30% of Variable Renewable Energy Generation by 2030 At No Extra Cost: ETC India Report Updated On Thu, Feb 14th, 2019 by Saurenergy Potential to reach 45% zero-carbon generation, including hydro and nuclear, while more than doubling electricity consumption and not raising consumer costs. A reliable, economically competitive and environmentally sustainable electricity system is the cornerstone of modern society. With an aim to accelerate India’s transition to renewables while moving towards a cleaner and cost-effective electricity system, The […] Read more
Solar helping India stay On Track to Fulfill Climate Commitments : WSDS 2019 Updated On Tue, Feb 12th, 2019 by Saurenergy The WSD Summit 2019 was kicked off in New Delhi, with Environment Minister Harsh Vardhan highlighting the need for efficiency and India’s momentum towards fulfilling its climate commitments. Building on the momentum of last year’s summit, The Energy and Resources Institute (TERI), one of India’s leading think tanks, kickstarted the World Sustainable Development 2019 (WSDS […] Read more
Engie Commissions Kathu CSP Plant in South Africa Updated On Mon, Feb 11th, 2019 by Saurenergy The park is expected to operate for 30 years, with a 100 MW capacity delivering an estimated 390 GWh of electricity every year. French energy and services group, ENGIE has achieved commercial operation of its 100 MW Concentrated Solar Power (CSP) plant in the Northern Cape, South Africa. The solar plant, which is one of […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
