4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
Sungrow Reaches 4 GW Milestone in Indian Market Updated On Thu, Jul 11th, 2019 by Saurenergy Sungrow has announced that its performance in India has reached 4 GW, becoming a major contributor to the decarbonisation of fast-growing Indian economy. Sungrow, a global leading inverter solution supplier for renewables, has announced that the Company’s performance in India has reached 4 GW, establishing it as a major contributor to the decarbonisation of fast-growing […] Read more
SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms Updated On Wed, Jul 10th, 2019 by Saurenergy SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […] Read more
Growatt Launches New Single-Phase Inverter for Indian Market Updated On Tue, Jul 9th, 2019 by Saurenergy Growatt recently held a conference in Telangana, with a number of installers, EPCs in the audience to launch its latest inverter for the Indian market. Growatt and 3S Solutions recently held a conference in Telangana, with a number of installers, EPCs and system integrators from across the region in the audience to launch its latest […] Read more
ABB to Provide Charging Infrastructure for Public E-Buses in Singapore Updated On Mon, Jul 8th, 2019 by Saurenergy ABB has won contracts to provide charging infrastructure for 40 single-deck E-Buses that will hit the roads of Singapore in early 2020. ABB has won contracts to provide electric bus charging infrastructure to charge 40 single-deck electric buses (E-Buses) that will hit the roads of Singapore in early 2020. The orders were received from BYD Singapore and ST […] Read more
As India’s States Pivot to Electric Buses, Challenges Surface Updated On Fri, Jun 28th, 2019 by Saurenergy In just the past two months, announcements have been made for over 2000 electric buses from states across India, be it Delhi, Kashmir, Maharashtra or Punjab. It is important that local state transport authorities realise that an electric bus purchase is much more than just buying a bus that runs on electricity. Earlier this week, […] Read more
Delhi Launches EV Freight Pilot, Will Deliver Online Orders Updated On Thu, Jun 27th, 2019 by Saurenergy Delhi Transport Minister Kailash Gahlot has announced a new EV plan at the launch of the Urban Mobility Lab initiative, in partnership with the Rocky Mountain Institute, to promote innovation of clean and sustainable mobility solutions in the capital. The Delhi government announced its first electric vehicles (EV) freight pilot at the inauguration of the […] Read more
GE Promotes €90 Mn Financing For Phase-II of 200 MW Ukrainian Wind Farm Updated On Thu, Jun 27th, 2019 by Saurenergy GE Capital has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Farm. GE Capital’s Global Capital Advisory business, a unit of GE, has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Electric Plant (Primorsk). The project financing […] Read more
Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur Updated On Mon, Jun 24th, 2019 by Saurenergy Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […] Read more