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
Maldives Steps Up Renewable Adoption With 5 MW Solar Tender Updated On Mon, Feb 25th, 2019 by Saurenergy The 5MW solar system will be developed under design, build, finance, own, operate, and transfer basis. The Government of the Republic of Maldives is implementing the “Accelerating Sustainable Private Investment in Renewable Energy (ASPIRE)” Project and has invited bids from investors for installation of 5MW Grid-connected Solar PV Power System in the Greater Malé Region […] Read more
New Solar Power Program to Help Electrify Rural Communities in Afghanistan Updated On Thu, Feb 21st, 2019 by Saurenergy The initiative is designed to provide electricity to some of the nearly 20 million Afghans who are not connected to the national power grid. IFC, a member of the World Bank Group, has launched a pioneering program to supply small-scale solar power systems to homeowners across Afghanistan. The pilot program will see the introduction of […] 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
Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter Updated On Fri, Feb 8th, 2019 by Saurenergy The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago. Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […] Read more
SDMC and SECI Sign MoU for 27.5 MW Solar Plants Updated On Sat, Dec 22nd, 2018 by Saurenergy The agreement has been signed keeping in mind the government of India’s commitment towards green energy and SDMC’s solar initiative. South Delhi municipal Corporation and the Solar Energy Corporation of India have inked a pact to develop two solar plants with a total capacity of generating 27.5 MW of electricity. SDMC officials said that work […] Read more
Smart Meters in Rural India a Win-Win Soln for All: ADB Updated On Mon, Oct 29th, 2018 by Saurenergy ADB decided to support a USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India. International development finance institution Asian Development Bank (ADB) is mulling to scale up satellite communication technology based smart meters projects as it finds it to be a win-win solution for various stakeholders, including […] Read more
Fraunhofer ISE, EVG Develop New Solar Cell to Convert 1/3 Sunlight into Power Updated On Wed, Apr 4th, 2018 by Saurenergy Silicon solar cells dominate the global photovoltaic market today with a share of 90 percent. The researchers of the Fraunhofer Institute for Solar Energy Systems ISE (Fraunhofer ISE) together with the company EV Group (EVG) have developed a new silicon-based multijunction solar cell, which can convert exactly one-third of the incident sunlight into useful electricity. […] Read more
Canadian Solar announces the Commercial Operation of 19.1 MW Solar Power Plant in Tokyo Updated On Thu, Dec 28th, 2017 by Saurenergy Earlier on April 3, 2017, the Company announced it had raised JPY 5.4 billion for the Gunma Aramaki project through a dual-tenor green project bond. Canadian Solar Inc., one of the world’s largest solar power companies, today announced that it has reached commercial operation on its 19.1MWp Gunma Aramaki solar power plant, located approximately 100km northwest of Tokyo, Japan. […] Read more
