EU-Africa Green Investment Forum highlights Africa’s Green Growth scope Updated On Mon, Apr 26th, 2021 by Saurenergy Last Friday, United Nations Secretary General Antionio Guterres and European Commission President Ursula von der Leyen opened the EU-Africa Green Investment Forum- the largest event for dialogue centred on investment in Africa to take place since the beginning of the coronavirus global pandemic. Hosted by EU Portuguese Presidency and the European Investment Bank, the event was attended […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
And the 2021 BNEF Pioneers Are… Updated On Fri, Apr 9th, 2021 by Saurenergy The BloombergNEF Pioneers Competition– an annual technology and innovation contest started in 2010has announced the 12 winners of the 2021 edition of the competition. The winners list includes Convoy, Nautilus Labs, and EConcrete among others which were chosen from over 250 applications received from 36 countries. Previous winners have ensured the award is a […] Read more
Largest Solar Project in US History Gets Government Approval Updated On Tue, May 12th, 2020 by Saurenergy US Department of the Interior and the Bureau of Land Management have granted approval to construct and operate the largest solar project in US history. The United States (US) Department of the Interior and the Bureau of Land Management (BLM) have announced that they have granted approval for the proposal to construct and operate the largest […] Read more
IFC, NADB Provide $200 mn Loan for Solar Project in Mexico Updated On Thu, Nov 21st, 2019 by Saurenergy IFC and NADB will provide USD 200 million in green loans to IEnova, to finance four solar power plants with a total capacity of 376 MW across Mexico. The International Finance Corporation (IFC), a member of the World Bank Group, and the North American Development Bank (NADB) will provide USD 200 million in green loans […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
IRENA Report on Global energy transformation: A roadmap to 2050 (2019 edition) Updated On Fri, May 31st, 2019 by Saurenergy Increased use of renewable energy, combined with intensified electrification, could prove decisive for the world to meet key climate goals by 2050. This study from the International Renewable Energy Agency (IRENA) highlights immediately deployable, cost-effective options for countries to fulfill climate commitments and limit the rise of global temperatures. The envisaged energy transformation would also […] Read more
U.S. Energy Storage Market size to exceed $4 Bn by 2024 Updated On Mon, Jan 21st, 2019 by Saurenergy The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […] Read more
India and Other Emerging Economies Can Unlock Trillions of Dollars in Climate Finance: IFC Global Report Updated On Thu, Nov 2nd, 2017 by Saurenergy Estimates indicate that India is on track to exceed its target of reducing greenhouse-gas emissions intensity by up to 35 percent by 2030. Developing countries like India can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business […] Read more