World Bank Allocates $300 Mn For RE Projects in Eastern & Southern Africa Updated On Fri, Feb 16th, 2024 by Saurenergy The World Bank has extended a facility of close to $300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable energy (DRE) and clean cooking private sector projects in eligible countries of the World Bank’s International Development Association (IDA) that are TDB member states. This new facility follows […] Read more
Statkraft Begins 519 MW Brazilian Wind Farm; It’s Largest Outside Europe Updated On Thu, Feb 8th, 2024 by Saurenergy Statkraft has announced the inauguration of its largest wind farm outside Europe – the 519 MW Ventos de Santa Eugênia Wind Complex – that is now coming up in Bahia, Brazil. Also, it is among the first hybrid projects in Brazil once the planned solar farm of 163 MW is added to optimise energy production. […] Read more
To Meet Targets, Wind Power Needs To Grow 3 Times By 2030: Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A latest report from EMBER studied global renewable capacity and found that, based on current national targets, it’s set to increase by 7.3 TW by 2030. It anticipates that, based on the current national target, the renewable energy capacity is set to increase by 2.1x until 2030. The report on ‘Tracking National Ambition Towards a […] Read more
Sri Lanka Releases Tender for 70 MW Solar Projects Updated On Tue, Nov 14th, 2023 by Saurenergy Sri Lanka-government owned Ceylon Electricity Board (CEB) has issued a tender for the development of ground-mount solar projects for a cumulative capacity of 70 MW. The projects under the Sri Lanka tender will range from a capacity of 1 MW to 5 MW. The last date for the submission of Sri Lanka tender for 70 […] Read more
Saudi Power Procurement Firm Issues Tender for 3.7GW PV Projects Updated On Tue, Nov 14th, 2023 by Saurenergy Saudi Arabia has issued a tender inviting bids for solar projects under four new PV initiatives. Together these initiatives will account for solar energy worth 3.7 GW under the National Renewable Energy Programme (NREP). The Saudi tender has been issued by Government-owned entity, Saudi Power Procurement Company (SPPC). The Saudi tender’s RFQ encompasses four projects, […] Read more
Top 5 Reasons Why Solid State Batteries Are Just Around The Corner Updated On Fri, Nov 10th, 2023 by Saurenergy Electric Vehicles (EVs) across the world are now seeing wider adoption. A 2023 report from the International Energy Institute (IEA) states that in 2022 alone, the world saw sales of around 10 million electric cars. The advent of Lithium-ion batteries gave a fillip to the industry with its energy density and recharging virtues. However, even […] Read more
TopCon Technology: The Next Big Thing in Solar Module Manufacturing Updated On Wed, Oct 11th, 2023 by Saurenergy A latest report by the National Renewable Energy Laboratory (NREL) says that TopCon solar cells have achieved up to 28% conversion efficiencies, surpassing traditional solar cells’ efficiencies. And we are here to witness the evolution. The solar industry to improve and evolve has been witnessing rapid advancements in technology which is mainly aiming for efficiency […] Read more
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
Employment in Renewables Rose to 13.7 Mn in 2022, Solar Largest Employer: ILO Updated On Fri, Sep 29th, 2023 by Saurenergy The ILO, in a joint initiative with the the International Renewable Energy Agency (IRENA) has released the tenth edition of Renewable Energy and Jobs: Annual Review 2023. The report explores the connection between renewable energy which is attracting increasing investment, and leading to job creation among countries. Surge in Employment in Renewable Energy The report […] Read more
