AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo Updated On Fri, Mar 29th, 2019 by Saurenergy The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […] Read more
Tata Power Solar Launches Solar Rooftop Solutions in Jaipur Updated On Thu, Mar 28th, 2019 by Saurenergy TATA Power Solar has launched its solar rooftop solutions in Rajasthan’s capital city of Jaipur After the successful launch of residential rooftop solution in Delhi, Mumbai, Bhubaneswar, Bengaluru, Chennai, Guwahati, Jamshedpur and Kolkata, Tata Power has launched its rooftop solar solutions in the pink city of Rajasthan-Jaipur. The event was inaugurated by Mr. Suman Chandrawat, […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
US DOE Selects $36 Mn to Advance Solar Energy Integration Updated On Wed, Mar 27th, 2019 by Saurenergy The U.S. Department of Energy (DOE) selected up to $36 million in research projects that will advance solar energy’s role in strengthening the resilience of the Nation’s electricity grid. While fires, natural disasters, and cyberattacks can cause wide-spread power losses, even temporary disruptions in power quality can result in major economic losses. With more and more solar […] Read more
South Korea Unlikely to Meet 2030 Renewables Target : WoodMac Updated On Wed, Mar 27th, 2019 by Saurenergy South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […] Read more
India, China and US Account For 70% of Rise in Energy Demands: IEA Updated On Tue, Mar 26th, 2019 by Saurenergy IEA’s new report reveals that India, China and the US accounted for 70% of the global rise in energy demands last year, as demands were at a 10 year high. India, China, and the US together accounted for nearly 70 percent of the global rise in energy demands in 2018, according to a new report “The Global […] Read more
The Sunshine Sector’s Gender Challenge Updated On Mon, Mar 25th, 2019 by Saurenergy Why the solar sector needs to have more women As yet another International Women’s Day (IWD) came around on 8th March this year, the theme this year was ‘Balance for Better’- A balanced world is a better world. That got us thinking about the solar sector in India. The many industry conferences with their rare […] Read more
DEWA & ACWA Power Reach Financial Closing on 950MW 4th Phase of MbRAM Solar Park Updated On Mon, Mar 25th, 2019 by Saurenergy The solar park will produce 5,000 MW by 2030 with investments totaling AED 50 billion. Dubai Electricity and Water Authority (DEWA) and the consortium led by Saudi Arabia’s ACWA Power and Silk Road Fund, which is owned by the Chinese Government, announced the financial closing of the 950 MW fourth phase of the Mohammed bin […] Read more
Telangana Municipal Corporation: No Solar Panels, No New House Permit Updated On Tue, Mar 19th, 2019 by Saurenergy In the sort of decisiveness the industry could do within other states, in Telangana, the Municipal Body has made housing permits subject to solar installations. Telangana town municipality in Karimnagar is pulling out all stops to push for Renewable energy in its grid and at the same time finding customers for it. The Municipal Corporation […] Read more