Rajasthan Biggest Beneficiary Of Renewable Energy Lending: Report Updated On Mon, Dec 11th, 2023 by Saurenergy A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […] Read more
ISA & Nuru Introduce 15 MW Solar Project Under Global Solar Facility Updated On Mon, Dec 11th, 2023 by Saurenergy The International Solar Alliance (ISA) has announced a milestone with the initiation of the first pilot project under its Global Solar Facility (GSF). In collaboration with Nuru, a solar power firm in the Democratic Republic of the Congo (DRC), the project aims to develop and construct 15 MW of solar metro grid capacity across three […] Read more
Romania Joins As The 118th Member Country Of International Solar Alliance Updated On Fri, Dec 8th, 2023 by Saurenergy In a big boost to accelerate global adoption of solar energy, Romania officially joined the International Solar Alliance (ISA) as its 118th member country, signalling a robust commitment to advancing solar energy and contributing to global climate action. Romania, under the leadership of H.E. Mr. Klaus Werner Iohannis, President of Romania, formally signed the framework […] Read more
EU Commission Proposed Extension On Sale EV and Batteries In UK Updated On Fri, Dec 8th, 2023 by Saurenergy The European Union (EU), recently proposed to the European Council a one-off extension on electric vehicles (EV) and batteries – until 31 December 2026. This proposal falls under the current rules of origin for electric vehicles and batteries under the EU-UK Trade and Cooperation Agreement (TCA). The Trade and Cooperation Agreement established the rules governing […] Read more
These Fashion Behemoths are Investing in 500 MW Wind Project of Bangladesh Updated On Thu, Dec 7th, 2023 by Saurenergy Global fashion brands BESTSELLER and H&M Group are investing in Copenhagen Infrastructure Partners’ (CIP) first offshore wind project in Bangladesh. It is an offshore wind project for a capacity of 500 MW. Currently, it is in the phase of early-stage development by CIP in partnership with Summit Power, a firm that develops, owns and operates […] Read more
Dubai is Now Home to World’s Largest Concentrated Solar Power Project Updated On Thu, Dec 7th, 2023 by Saurenergy Dubai has inaugurated the world’s largest concentrated solar power (CSP), which is in the fourth phase of the city’s Mohammed bin Rashid Al Maktoum Solar Park and entails the capacity of 950 MW. The CSP project was unveiled by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler […] Read more
With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales Updated On Thu, Dec 7th, 2023 by Saurenergy Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion […] Read more
GERC Seeks Consultants To Determine Banking Charges For RE Projects Updated On Wed, Dec 6th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has now planned to impose banking charges against the generation of renewable energy in the state. To undertake the mission, the state commission has floated a tender seeking bids from consultants who can help the state commission in imposing the charges. The GERC, in its document mandated the consultants […] Read more
For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework Updated On Tue, Dec 5th, 2023 by Saurenergy India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […] Read more