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
Jolywood was Invited to Participate in the First Belt and Road Energy Ministerial Conference Updated On Mon, Oct 29th, 2018 by Saurenergy Jolywood (Suzhou) Sunwatt Co. Ltd. (SZ: 300393) (Jolywood), the world’s leading supplier of N-type high efficiency bifacial solar cells and modules, was a key participant in the 2018 Belt and Road Energy Ministerial Conference and International Forum on Energy Transition (“the Conference”) to discuss energy cooperation and the future of new energy. Mr. Lin Jianwei, […] Read more
SAR Group Re-Enters Inverter, Solar Segment Updated On Thu, Oct 25th, 2018 by Saurenergy Besides, the company, which is currently present in the automotive battery and E-rickshaw batteries segment, is also aiming to have net sales of Rs 2,000 crore this fiscal. SAR Group, promoter of Livpure brand, is re-entering into the inverter and inverter batteries segment after 7 years and aims to corner around 15% market share in […] Read more
Walmart, SunPower Sign 23 MW Solar Pact Updated On Wed, Oct 24th, 2018 by Saurenergy As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019. Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […] Read more
Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA Updated On Wed, Oct 24th, 2018 by Saurenergy The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […] Read more
Shaw Air Force Base, Duke Energy Join Hands for New Solar Project Updated On Wed, Oct 24th, 2018 by Saurenergy Duke Energy’s Solar Rebate Program helped with the costs of the Shaw project and has provided more than USD 50 million in rebates as an extra incentive for customers who wanted to go solar across its South Carolina footprint. Hunt Southern Group along with its military partner, Shaw Air Force Base, has collaborated with Duke […] Read more
Green Climate Fund Invests $1 Bn for Developing Countries Updated On Tue, Oct 23rd, 2018 by Saurenergy The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […] Read more
Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI Updated On Tue, Oct 23rd, 2018 by Saurenergy The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […] Read more
AFRICA: World Bank invests in batteries to boost solar energy Updated On Sat, Oct 20th, 2018 by Saurenergy The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […] Read more
