GWEC, WBG to Work Together to Develop Global Offshore Wind Markets Updated On Thu, Mar 7th, 2019 by Saurenergy GWEC will coordinate with the World Bank’s Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets. Global Wind Energy Council (GWEC) and World Bank Group (WBG) is mulling to work together on efforts to develop offshore wind in emerging markets. […] 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
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
Interview with Hemant Lamba, Chairperson, Ashden India Collective Updated On Tue, Feb 12th, 2019 by Saurenergy Ashden India Collective (AIC) – a network of India-based winners of the prestigious Ashden Awards. It has 27 member organisations and entrepreneurs from around India. Individually the members of the Collective work to increase the number of Indians benefiting from affordable, clean energy. In an exclusive interview with Saur Energy International during the India […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
At IDEF, the Focus shifts to Solar Products Updated On Thu, Jan 31st, 2019 by Saurenergy New Delhi is hosting the India Distributed Energy Forum, organised by industry body GOGLA, and their partners IFC Lighting Asia/India and the Ashden India Collective. GOGLA, or the Global Association for off Grid Solar is the global body tasked with promoting its members offerings most effectively. The India Regional Representative, Viraj Gada puts it like […] Read more
The Positive Impact of Solar Lanterns on UP, Bihar Households Updated On Thu, Jan 31st, 2019 by Saurenergy The study was presented at the IDEF 2019 forum in New Delhi. A recent study undertaken by IFC’s Lighting Asia/India Program in partnership with d.light analysed the impact of solar lanterns on rural households in Uttar Pradesh and Bihar. The study titled, “Impact of Solar Off-grid Lighting Solutions on Rural Households in the states of […] Read more
UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
