Vietnamese Province Green-Lights $35 Million Solar Energy Plant Updated On Thu, May 18th, 2017 by Saurenergy The 30 MW solar energy plant is being developed as a joint venture between local energy companies Song Lam Investment & Construction and Song La Energy JSC, and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Vietnam’s north-central province of Thanh Hoa is set to build a new 30 MW […] Read more
International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects Updated On Wed, May 17th, 2017 by Saurenergy World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […] Read more
Global Solar Investment to be higher than Coal, Gas and Nuclear Combined in 2017: Frost & Sullivan Updated On Wed, May 17th, 2017 by Saurenergy Lower project costs and continued regulatory support for renewable energy in key markets will see global renewable power investment reach $243.1 billion in 2017, with solar photovoltaic (PV) the fastest growing segment, followed by wind power – by 2020 non-hydro renewables will account for 65% of global power investment Frost & Sullivan forecasts the global solar investment to […] Read more
India moved up to the second spot from third position in renewable energy attractiveness index Updated On Tue, May 16th, 2017 by Saurenergy India continued its upward trend in the index to second position with the government’s programme to build 175 GW in renewable energy generation by 2022 and to have renewable energy account for 40 per cent of installed capacity by 2040. India has moved up to the second spot from third position in this year’s ‘Renewable […] Read more
Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
ET Energy Commissions 26 MWp of Solar Projects in the UK Updated On Fri, May 5th, 2017 by Saurenergy ET Energy acquired the development rights to these solar power projects during 2016 and sold them to funds managed by Octopus Energy Investments at the end of the year. ET Energy has built six solar power projects totaling 26 MWp in the United Kingdom on behalf of funds managed by Octopus Energy Investments. The solar […] Read more
China Solar, Wind to Attract $780Bn Investment by 2030: Research report Updated On Thu, May 4th, 2017 by Saurenergy China has pledged to increase non-fossil fuel energy to at least 20 percent of total consumption by the end of the next decade, up from 12 percent in 2015, part of its efforts to tackle air pollution and bring carbon dioxide emissions to a peak by around 2030. China’s wind and solar sectors could attract […] Read more
Chinese Solar Equipment Major, GCL-Poly Energy Bids on India Solar Market Updated On Sun, Apr 30th, 2017 by Saurenergy The Chinese solar equipment maker major, GCL-Poly Energy Holdings has shared plans to invest in India, attracted by the nation’s emerging green economy. As part of its India entry plan, GCL-Poly Energy Holdings Ltd is in talk with Subhash Chandra’s Essel Group to set up a solar module manufacturing facility. The Hong Kong-listed firm, which […] Read more
Haryana Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Haryana Solar Energy Policy Updates 2017 A discussion paper was released by the Haryana Electricity Regulatory Commission (HERC) in July 2017, stating Terms and Conditions for Determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC)) Regulations, 2017. The draft mentioned the useful life for solar power projects determined […] Read more
