Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo Updated On Fri, Mar 29th, 2019 by Saurenergy The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […] Read more
IPGCL Issues List of Empanelled Vendors For Capex-B Model Updated On Mon, Mar 25th, 2019 by Saurenergy A total of 14 vendors have been allocated solar capacities worth a total of 4 MW under the capex-B model. The state-owned utility firm, Indraprastha Power Generation Co. Ltd (IPGCL), has issued the list of empanelled vendors under the capex-B category (10 kW TO 100 kW) of its 35 MW solar rooftop tender under the […] Read more
ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP Updated On Wed, Mar 20th, 2019 by Saurenergy The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […] Read more
World Bank Approves $185 Mn Fund to Help Bangladesh Expand RE Updated On Tue, Mar 5th, 2019 by Saurenergy The World Bank has approved $185 million to add up to 310 MW in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country. The ‘Scaling-up Renewable Energy Project’ will increase the installed capacity of renewables through piloting and expanding investments in key market segments. It will […] Read more
General Motors Partners With DTE To Source Wind Energy in Michigan Updated On Wed, Feb 27th, 2019 by Saurenergy The company will source 300,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. As part of its commitment to increasing its renewable energy footprint globally and finding clean energy solutions near its operations, General Motors Co. has partnered with DTE Energy for 300,000 MWh of wind energy in the state of Michigan. […] Read more
Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment Updated On Tue, Feb 26th, 2019 by Saurenergy Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […] Read more
Ford Collaborates With DTE Energy to Procure Wind Energy Updated On Mon, Feb 25th, 2019 by Saurenergy The company will source 500,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. US based Ford Motor Company’s Dearborn Truck Plant, and several new buildings on the Ford Research and Engineering Campus and Corktown campus, including Michigan Central Station, will soon be powered by 100 percent locally sourced renewable energy. This is […] Read more
