World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
ABB and HPE Bring Intelligence to Industrial Plants Updated On Wed, Nov 29th, 2017 by Saurenergy ABB and HPE will deliver joint industry solutions that merge OT and IT to turn industrial data into insights and automatic action, combining widely-adopted cloud platforms like Microsoft Azure with IT systems running in corporate data centers and at the edge of the network. ABB and Hewlett Packard Enterprise (HPE) have announced a strategic global […] Read more
A 24MW Floating Solar Power Plant in Tuticorin to Be Setup By SPIC Updated On Wed, Nov 29th, 2017 by Saurenergy EDAC Engineering will be responsible to provide support for construction of the floating solar power plant. The Southern India Chamber of Commerce and Industry (SICCI) announced during a conference on ‘Climate change mitigation in manufacturing industries’, to set up a 24MW floating solar power plant to be built by Southern Petrochemical Industries Corporation (SPIC), a […] Read more
Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report Updated On Wed, Nov 29th, 2017 by Saurenergy Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […] Read more
EESL Organises Global Event INSPIRE 2017 on Energy Efficiency in Jaipur Updated On Tue, Nov 28th, 2017 by Saurenergy INSPIRE 2017 is a global conference which aims to bring various stakeholders such as policy makers, innovators, financiers, influencers to showcase best practices in the sector. Energy Efficiency Services Limited (EESL) in alliance with the World Bank and Alliance for an Energy Efficient Economy (AEEE) organised the first edition of the International symposium to promote […] Read more
Mobisol Successfully Installs Off-Grid Solar Power Plant with 10MW Capacity in East Africa Updated On Tue, Nov 28th, 2017 by Saurenergy Mobisol fights global climate change by offsetting 50,000 tons of CO2 equivalent per year through smart rent-to-own solar power systems. Mobisol, a Germany-based provider of decentralized solar power solutions, has successfully installed a capacity of 10MW and electrified over 500,000 people in East Africa to date. The company fights global climate change by offsetting 50,000 […] Read more
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
Israel Households Can Now Sell Electricity and Install Solar Panels To The Grid Updated On Mon, Nov 27th, 2017 by Saurenergy In 2014 Israel has set a target of achieving 5 percent of renewable energy which is now after three years is constituted to be on 2 percent. According to a newly launched program by The Energy Ministry and Electricity Authority will help Israeli residents and other electricity consumers to sell power and install solar panels […] 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
