Solar Farms Generating 50% of Iran’s Renewable Power Updated On Mon, Dec 21st, 2020 by Saurenergy Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) has released data indicating that the share of solar power plants in Iran has reached 49 percent. Based on the data, the total capacity of Iran’s renewable power plants is 844.59 megawatts (MG) at the end of November 2020. The solar surge should be no surprise considering […] Read more
NTPC Planning for Renewable InvIT in JV With NIIF Updated On Mon, Dec 21st, 2020 by Saurenergy NTPC is mulling over creating a JV with the central governments’ strategic investment fund NIIF to set up a renewable InvIT. State-owned power giant NTPC Ltd has proposed that it is mulling over creating a joint venture company with the central governments’ strategic investment fund NIIF to set up a renewable infrastructure investment trust (InvIT). As […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Hindustan Coca-Cola Beverages Presses 7 new Renewable Energy Projects Into Service Updated On Tue, Dec 15th, 2020 by Saurenergy Hindustan Coca-Cola Beverages has successfully pressed 7 additional renewable energy (RE) projects into service. Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has announced that it has successfully pressed 7 additional renewable energy (RE) projects into service. Installed in different factories of the company, these projects are designed to source 23.5 million units […] Read more
IRENA and AfDB to Scale up Renewable Investments in Africa Updated On Wed, Dec 9th, 2020 by Saurenergy IRENA and AfDB have agreed to work together to advance energy transition through initiatives that support renewable investments in Africa The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the energy transition in Africa through joint initiatives that support investments in low-carbon energy projects. […] Read more
DSD Acquires 17 MW Community Solar Portfolio in New York from Source Renewables Updated On Wed, Dec 2nd, 2020 by Saurenergy Distributed Solar Development (DSD) has acquired a three-project, 17 MW community solar portfolio from Source Renewables, a New York State developer focused on community solar assets. The three projects, one of which includes solar and storage, were developed by Source Renewables from greenfield, and are expected to reach commercial operation next summer. “DSD was drawn to […] Read more
ADM Capital Launches Emerging Asia Renewable Energy Debt Fund Updated On Wed, Dec 2nd, 2020 by Saurenergy ADM Capital has received a USD 100 million seed commitment from AIIB to launch a new Asia-focused debt fund dedicated to renewable energy Hong Kong-headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment – ADM Capital has announced that it has received a USD 100 million seed commitment from the Asian […] Read more
Preparing For a Renewable Future- The Business Models That Matter Updated On Tue, Dec 1st, 2020 by Saurenergy If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […] Read more
CLEAN Network Report on State of the Decentralized Renewable Energy Sector in India 2019/20 Updated On Fri, Nov 27th, 2020 by Saurenergy The fourth edition of the ‘State of the Decentralized Renewable Energy Sector in India 2019/20’ report was recently launched by the CLEAN Network, in an attempt to present an overview of the developments in the DRE sector for the financial year. Surveying 63 DRE businesses, the report showed that there was a growth in the […] Read more
