Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
Qatar to Adopt First Renewable Energy Strategy Updated On Mon, Nov 27th, 2017 by Saurenergy Many government bodies in Qatar are cooperating to adopt the first renewable energy strategy to diversify energy sources and reduce harmful emissions. To cut carbon emission and diversify energy sources, Qatar has increased its efforts to adopt the first renewable energy strategy. Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, speaking at […] Read more
IL&FS Tie-up With Ecamion To Explore Energy Storage Business Updated On Sat, Nov 18th, 2017 by Saurenergy IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […] Read more
ISA: Collaborative Platform To Achieve Clean Energy Goals Updated On Tue, Nov 14th, 2017 by Saurenergy The session at CoP23 served as the Curtain Raiser for the ISA’s upcoming Founding Ceremony. Leading solar energy solutions provider Vikram Solar was one of the participants in the 23rd Conference of Parties of the United Nations Framework Convention on Climate Change (COP23) in Bonn, Germany. Gyanesh Chaudhary, MD & CEO was the company’s representative. […] Read more
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
EESL and UK Firm Collaborate on New Renewable Energy Pact Updated On Fri, Nov 10th, 2017 by Saurenergy EESL EnergyPro Assets Limited (EPAL) launched the new partnership at India House in London for the investment in an advanced battery storage project. A joint venture of Indian PSU Energy Efficiency Services Limited (EESL) and UK-based EnergyPro Limited (EP) will invest USD 12 million in a new partnership with leading battery storage solutions provider Leclanché. […] Read more
Market for Digitalization in Energy Sector to Grow to $64Bn by 2025 Updated On Wed, Nov 8th, 2017 by Saurenergy Digital technologies for fossil fuel operation and maintenance are big business today, but activity is shifting towards services for distributed renewables and the connected home. New energy innovations will be centered on digital technologies and the strategic use of data, according to new research published today. A shift is coming in the energy industry from […] Read more
USAID Announces 6.3 Million Dollars in Awards to Bolster Sub-Saharan Africa’s Off Grid Energy Sector Updated On Tue, Oct 31st, 2017 by Saurenergy USAID has floated fund to provide capital to companies engaged in household solar-systems and micro-grids to expand operations. The United States Agency for International Development (USAID) awards 6.3 million dollars to facilitate in advancing off-grid energy solutions in sub-Saharan Africa. USAID has also announced several new awards at the Unlocking Solar Capital: Africa Conference in […] Read more
Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy Updated On Tue, Oct 31st, 2017 by Saurenergy The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […] Read more