Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more
Win at WTO against US solar Tariffs Unlikely to Help India Much Updated On Fri, Jun 28th, 2019 by Saurenergy India’s complaint against the US, and specifically against 8 US states that added tariffs on renewable sector imports from the country has found support at the WTO, with the global trade body’s dispute panel supporting the Indian stand. Made public yesterday, the ruling, even as it pronounced the US ‘guilty’ of unfair trade practices in […] Read more
EBRD Grants €18 Mn Loan For Kosovo’s First Wind Farm Updated On Fri, Jun 28th, 2019 by Saurenergy EBRD is supporting the wind farm at Kitka in the east of Kosovo with an €18 million loan. Kosovo, which relies for its energy on coal, will benefit from a cleaner, more reliable energy from the first large-scale wind farm in the country. The European Bank for Reconstruction and Development (EBRD) is supporting the wind […] Read more
Europe to Surpass 250 GW Installed Solar Capacity by 2024: Report Updated On Thu, Jun 27th, 2019 by Saurenergy According to a new report, the total installed solar capacity in Europe will surpass 250 GW by 2024, with new solar installations doubling in the next 3 years According to a new report, new solar installations in Europe will double in the next 3 years to reach a level of approximately 20 GW/year, and the […] Read more
ZunRoof Obtains USICEF’s Grant for Solar Rooftop Business Updated On Wed, Jun 26th, 2019 by Saurenergy After securing funding from Godrej recently, Zunroof receives USICEF grant for the expansion of its solar rooftop business Gurgaon based ZunRoof Tech, a residential solar rooftop company, today announced that it has received grant support from US-India Clean Energy Finance (USICEF) in the fourth round of the program. “We are glad to join the august […] Read more
South & SE Asia ‘Can’ Transition to Zero Carbon: Climate Analytics Report Updated On Wed, Jun 26th, 2019 by Saurenergy According to a new report by the research institute Climate Analytics, the South and South East Asia can shift from their current carbon-intensive pathways to renewable energy The South And South East Asian economies can fuel economic growth, boost sustainable development and overcome energy poverty while avoiding life-threatening pollution and environmental degradation while transitioning to […] Read more
Solar Projects Worth 1.5 GW to be Commissioned by 2020 in UP Updated On Wed, Jun 26th, 2019 by Saurenergy Uttar Pradesh is planning to commission 1.5 GW solar plants by next year, according to a state official. Uttar Pradesh is planning to commission 1.5 GW solar capacity power plants by next year, state minister for the department of additional sources of energy (UP), Brajesh Pathak has said. The Centre has set a target of […] Read more
Cleanmax Solar Investing Rs 600 Cr For 150 MW Haryana Solar Plant Updated On Wed, Jun 26th, 2019 by Saurenergy Cleanmax Solar is setting up 150 MW of solar farm under its group captive model in Haryana with an investment of Rs 600 crore. Cleanmax Solar, one of the leading solar energy solution providers in the country, is setting up 150 MW of solar farm under its group captive model in Haryana with an investment of Rs 600 crore, […] Read more
India plans to establish 500 GW of RE capacity by 2030: MNRE Secretary Updated On Wed, Jun 26th, 2019 by Saurenergy India is planning to add 500 GW of renewable energy to its electricity mix by 2030 according to MNRE secretary Aanand Kumar. Speaking at the 17th meeting of International Renewable Energy Agency (IRENA) Council being held in Abu Dhabi, the MNRE Secretary said, “India would have installed 175 GW of RE capacity by 2022 without […] Read more