EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant Updated On Wed, Jul 17th, 2019 by Saurenergy EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […] Read more
India’s Renewable Workforce has Grown 5-Fold Since 2015: Report Updated On Tue, Jul 16th, 2019 by Saurenergy A new report by CEEW has revealed that India’s renewable energy workforce has grown five-fold in the past five years to over 100,000 workers in 2019. A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and […] Read more
CEEW Report on Power Job Growths with Green Energy Updated On Tue, Jul 16th, 2019 by Saurenergy A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry in the country, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
Power Billing to Move From Postpaid to Prepaid: R K Singh Updated On Tue, Jul 16th, 2019 by Saurenergy India is moving towards a new regime where a power consumer would pay first and then get power supply, Union minister R K Singh has said. India is moving towards a new regime where a power consumer would pay first and then get power supply, which would eventually deal with the issue of non-payment in the sector, […] Read more
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
Vestas to Establish Nacelle and Hub Assembly Factory in India Updated On Thu, Jul 11th, 2019 by Saurenergy To expand its supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address […] Read more
Investing in More Resilient Infrastructure Can Save $4.2 Trillion: World Bank Updated On Tue, Jul 9th, 2019 by Saurenergy Investing in a more resilient and sustainable infrastructure in low- and middle-income countries can have four times the benefit for each dollar spent, says World Bank & GFDRR The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 […] Read more
NTPC Enlisting EPC Vendors for Floating/Ground Mounted Solar Projects Updated On Mon, Jul 8th, 2019 by Saurenergy NTPC has invited applications for enlistment of EPC vendors/bidders for floating/ground-mounted solar projects of NTPC between 10 and 50 MW capacity. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting applications from eligible bidders for the enlistment of EPC vendors/bidders for floating/ground-mounted solar projects of NTPC between 10 and 50 MW capacity. The brief […] Read more