EDF Announces to Develop 30 GW of Solar Capacity in France by 2035 Updated On Tue, Dec 12th, 2017 by Saurenergy EDF will invest about 25 billion euros to develop 30 gigawatt of solar capacity in France between 2020 and 2035. French state-controlled utility EDF announced it plans for a big push into solar energy in France that will cost up to €25bn. Jean-Bernard Lévy, EDF chairman and chief executive said the utility will invest about […] Read more
Guidelines issued for procurement of wind power through tariff based competitive bidding process Updated On Tue, Dec 12th, 2017 by Saurenergy Government has issued Guidelines under Section 63 of the Electricity Act, 2003 providing a framework for procurement of wind power through a transparent process of bidding including standardisation of the process and defining of roles and responsibilities of various stakeholders. These Guidelines aim to enable the Distribution Licensees to procure wind power at competitive rates […] Read more
HEEDING the Call for CYBER SECURITY in Renewable Energy Updated On Mon, Dec 11th, 2017 by Saurenergy This is a challenge, but even more so, it is an opportunity to advance the collective technologies towards the attainment of solar cyber security worldwide. In 2012, a computer virus, dubbed Stuxnet, disabled 1000 of Iran’s 5000 centrifuges, detailing a joint US-Israel cyber security attack on Iran that undermined its nuclear enrichment facilities. In 2014, Unit […] Read more
Kenyatta University Turns on 100KW Solar Power Plant Updated On Thu, Dec 7th, 2017 by Saurenergy The 100KW solar power plant has cost a total of Sh17mn (US$165,400) and is located on the university’s main campus in Kenyan capital city, Nairobi. Kenyatta University located in Kenya’s capital city, Nairobi, has switched on the first phase of its solar power plant. The 100KW solar project has cost a total of Sh17mn (US$165,400) […] Read more
Sustainable Solvent Platform for Photon Upconversion Increases Solar Utilization Efficiency Updated On Thu, Dec 7th, 2017 by Saurenergy In an effort to obtain a solution to this problem and make solar energy conversion more efficient, the process of converting photons with lower energies into ones with higher energies, called photon upconversion, was developed. The conversion of solar energy into electricity is currently restricted by a concept known as the Shockley-Quesser limit. This limitation […] Read more
Indian Railway Finance Corporation Issues USD 500 million Green Bond Updated On Thu, Dec 7th, 2017 by Saurenergy Pricing Of USD 500 Million 3.835% Fixed Rate Senior Unsecured Dollar Green Bond of 10 Year Tenor by Indian Railway Finance Corporation Limited. Indian Railway Finance Corporation Limited (“IRFC”) announced that it has successfully raised USD 500 million 10-year green bond from investors in Asia, Europe and Middle East, and offshore US. Proceeds of the […] Read more
Game of Forecast Updated On Thu, Dec 7th, 2017 by Saurenergy As per F&S regulations, it is clear that the wind and solar power generators connected to the State grid shall, either by themselves or through a QCA or through an Aggregator, Considering National Action Plan on Climate Change, Nationally Determined Contributions (NDCs), India’s national policies and other initiatives encouraging renewable, India has a massive target […] Read more
Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners Updated On Wed, Dec 6th, 2017 by Saurenergy Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […] Read more
International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year Updated On Tue, Dec 5th, 2017 by Saurenergy The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […] Read more