The Big Moves in Budget 2019 Updated On Fri, Jul 5th, 2019 by Saurenergy Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […] Read more
ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market Updated On Sat, Jun 22nd, 2019 by Saurenergy USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […] Read more
Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018 Updated On Mon, Jun 17th, 2019 by Saurenergy A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […] Read more
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
Enel Begins Construction on 140 MW Wind Farm in South Africa Updated On Wed, May 29th, 2019 by Saurenergy The Oyster Bay wind farm is located in the Eastern Cape province and is expected to generate around 568 GWh annually once fully operational, due in the second quarter of 2021 Enel, through its renewable subsidiary Enel Green Power RSA, has begun construction of its Oyster Bay wind farm in the Kouga Local Municipality, in […] Read more
Vattenfall & GE to Cooperate on Deployment of Largest Offshore Turbine in Europe Updated On Mon, May 20th, 2019 by Saurenergy Vattenfall and GE Renewable Energy plan to join forces in the deployment of GE’s new wind turbine, the Haliade-X in Europe. With a capacity of 12MW, it is the largest offshore wind turbine on the market to date. Development and production of the new 12MW turbine. It features a 220-meter rotor, a 107-meter blade (the […] Read more
Hero Future Energies and IFC to Invest $243.3 Mn in Rajasthan Solar Project Updated On Fri, Apr 26th, 2019 by Saurenergy The project will be supported by the World Bank’s International Finance Corporation (IFC), which will invest around $43.3 million (Rs 300 crore). Hero Future Energies Global (HFE), the clean energy arm of the Hero Group has revealed its plans to invest close to $200 million (Rs 1404 crore) for its latest solar project in Rajasthan. The company […] Read more
Huawei Supplies Smart String Inverters to ReNew Power’s Largest Utility Solar Project Updated On Tue, Apr 23rd, 2019 by Saurenergy Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc smart interactive string inverters for the setting up of the project. ReNew Power, India’s largest renewable energy IPP (Independent Power Producer) recently announced that its 300 MW solar plant at Pavagada Solar Park was successfully on the commercial operation. Chinese inverter manufacturing major, Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc […] Read more
World Bank Approves $185 Mn Fund to Help Bangladesh Expand RE Updated On Tue, Mar 5th, 2019 by Saurenergy The World Bank has approved $185 million to add up to 310 MW in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country. The ‘Scaling-up Renewable Energy Project’ will increase the installed capacity of renewables through piloting and expanding investments in key market segments. It will […] Read more
