Energy Storage to Accelerate Global Energy Transition: WoodMac Updated On Tue, Feb 25th, 2020 by Saurenergy The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […] Read more
IFC to Assess Potential of Private Investments in Energy Storage Solutions in Burkina Faso Updated On Mon, Feb 24th, 2020 by Saurenergy IFC will assess how private investment in energy storage can contribute to higher solar power production while enhancing grid stability in Burkina Faso The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it has signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in […] Read more
EDF North America Installs Clean Energy Microgrid at its HQ Updated On Thu, Feb 20th, 2020 by Saurenergy EDF Renewables North America has announced that the operation of its Innovation Drive Microgrid that is located at the company’s headquarters in San Diego. EDF Renewables North America has announced that the operation of its Innovation Drive Microgrid. The system is comprised of a 209 kWp solar carport, 182 kWp solar rooftop, 280 kW (538 […] Read more
Energy Efficiency and RE Drove Decade of US Energy Transition: BNEF Updated On Thu, Feb 20th, 2020 by Saurenergy The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report. The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report from BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE). In the […] Read more
Rajasthan Gets Rs 4000 Cr Investment for 925 MW Solar Plant Updated On Thu, Feb 20th, 2020 by Saurenergy NTPC and RSDCL are set to sign an agreement with an investment worth Rs 4000 crore to develop 925 MW solar power projects in Nokh Solar Park in Rajasthan In what will become the first largest investment in Rajasthan during the current regime of the Congress government, NTPC and Rajasthan Solarpark Development Corporation Ltd (RSDCL), a subsidiary of RRECL, […] Read more
Standard Chartered Commits $35 Bn Towards Renewable Projects Updated On Wed, Feb 19th, 2020 by Saurenergy Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […] Read more
Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more
NY Green Bank Records $117.5 Mn in Clean Energy Investments in Q4 Updated On Mon, Feb 17th, 2020 by Saurenergy The NY Green Bank has announced that its Q4 of 2019 was the strongest to date, adding USD 117.5 million to its current portfolio. The NY Green Bank has announced that its fourth-quarter of 2019 was the strongest to date with more capital committed than any prior quarter, adding USD 117.5 million to its current […] Read more
IEEFA Report on India’s Renewable Energy Policy Headwinds Updated On Fri, Feb 14th, 2020 by Saurenergy After the addition of on average 13GW of renewable energy capacity in FY2016/17 and FY2017/18, India’s renewable capacity additions were expected to grow on average at 20-25GW in line with the target of 175GW by December 2022. However, less than 10GW of on-grid renewable capacity and installs were added in FY2018/19. This is expected to […] Read more
