GoodWe To Produce One million Units Per Year Post Expansion Updated On Mon, Jun 21st, 2021 by Saurenergy PV Inverter manufacturer GoodWe has announced a major manufacturing expansion to up to one million units per year in phase II of its Guangde manufacturing facility in China. The firm, ranked as the leading storage inverter firm in the world by Wood Mackenzie, has a strong presence across categories in solar. The company hosted the […] Read more
Sri Lanka To Purchase 75% Equipment from India For India-funded Projects Updated On Mon, Jun 21st, 2021 by Saurenergy Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […] Read more
Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment Updated On Mon, Jun 21st, 2021 by Saurenergy Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE). The Rockefeller Foundation is focused […] Read more
The Place of Renewables in India’s Future Power Grid Updated On Fri, Jun 18th, 2021 by Saurenergy Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […] Read more
UNOPS S3i, IFU & ACME Co-invest in 250 MW Solar Park in Rajasthan Updated On Fri, Jun 18th, 2021 by Saurenergy An announcement revealed yesterday that Denmark’s state-owned fund IFU and United Nations Office for Project Services’ S3i have acquired 39% and 10% stake respectively in Acme Solar Holdings Ltd’s 250 MW solar project in Rajasthan. Acme Solar, a leading Solar IPP in India, holds the majority 51% stake in the project, which has a total […] Read more
India Extends $100 Million Credit To Sri Lanka For Solar Projects Updated On Thu, Jun 17th, 2021 by Saurenergy In an agreement yesterday, India has extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. This financial help will aid the Lankan government to boost their solar energy sector by ensuring the country’s 70 percent power requirements are fulfilled by renewable energy sources by 2030. The agreement […] Read more
Heliogen Raises $108 M for Deploying RE Tech for Heat, Power, Green H2 Updated On Thu, Jun 17th, 2021 by Saurenergy California-based Heliogen, a renewable energy technology company, recently announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight Refinery™, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
HOP Electric Mobility Launches Two New E-Scooters Updated On Wed, Jun 16th, 2021 by Saurenergy A Rajasthan-based HOP Electric Mobility has announced the launch of its two brand new (electric) e-scooters HOP LEO and HOP LYF priced at Rs. 72,500 and Rs. 62,000 onwards, respectively. The electric automobile startup has also announced that soon it will be launching an e-motorbike too. HOP Electric has taken this step while aiming to provide a sustainable and […] Read more
