Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
GOGLA Report on Repowering Opportunity in South Asia Updated On Fri, Feb 14th, 2020 by Saurenergy As the world is running out of time to reach the Sustainable Development Goals (SDGs), off-grid solar is emerging as a powerful tool for change. Through technology and business innovation, THE industry is working hard to develop products and services that bring light and energy services to energy-poor households. Every day we see the positive […] Read more
In Conversation with Sudhir Aggarwal and Shival Garg of Patanjali Renewable Energy Updated On Wed, Nov 20th, 2019 by Saurenergy Patanjali Renewable Energy Pvt Ltd is a manufacturer of solar photovoltaic (PV) modules, solar street lights, solar water pumps, solar inverters, solar home lighting solutions etc. The company is also operating its retail chain called ‘Patanjali Urja Kendras’ in different parts of the country. It is also planning to venture into the Electric Vehicle […] Read more
Distributed RE Start-Ups Left out to Participate in Schemes Like KUSUM Updated On Fri, Sep 27th, 2019 by Saurenergy The eligibility criteria of government scheme KUSUM has been the biggest deterrent for the Distributed RE start-ups to participate in the tendering process The latest report by Delhi-based non-government organization Clean Energy Access Network or CLEAN provided some pretty interesting insights about the Decentralized renewable energy (DRE) and small- and medium-sized enterprises doing business in […] Read more
Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
Engie Acquires African Off-Grid Energy Firm Mobisol Updated On Wed, Sep 4th, 2019 by Saurenergy ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […] Read more
TN Tenders for Over 40,000 Houses to get SPV Lighting Systems, Madurai to get 1920 Updated On Tue, Aug 20th, 2019 by Saurenergy Tamil Nadu has issued 38 tenders for the supply and installation of LED-based SPV home lighting systems at well over 40,000 homes across multiple districts The state government of Tamil Nadu has issued 38 tenders, inviting bids from eligible vendors for the supply and installation of LED-based Solar Photo Voltaic (SPV) home lighting systems at […] Read more
World Bank Supports Mali’s RE Transition With $22.7 Mn Financing Updated On Wed, Jul 24th, 2019 by Saurenergy The World Bank has approved a $22.7 million financing to support Mali’s efforts to improve access and promote the deployment of renewable energy. The World Bank’s Board of Executive Directors has approved a $22.7 million financing to support Mali’s efforts to improve access to modern services and promote the deployment of renewable energy in rural […] Read more
Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur Updated On Mon, Jun 24th, 2019 by Saurenergy Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […] Read more
