Bangladesh, World Bank Ink $55 Mn Pact to Expand Renewable Energy Usage in Rural Areas Updated On Thu, May 31st, 2018 by Saurenergy The additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. In order to expand renewable energy usage in rural areas, the Bangladesh government has inked a USD 55 million financing pact with the World […] Read more
ENGIE Completes Fenix’s Acquisition to Bring Affordable Power to Africa Updated On Wed, Apr 4th, 2018 by Saurenergy Through this partnership, Fenix will gain access to ENGIE’s supply chain, expertise, long-term capital investments and talent across the energy value chain. Global utility company ENGIE has completed the acquisition of the off-grid energy leader Fenix International. ENGIE and Fenix have ambitious targets to reach millions of households across Africa and this partnership will accelerate […] Read more
Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy Updated On Tue, Feb 13th, 2018 by Saurenergy SOLAR MARKET HAS A LOT OF SCOPE IN INDIA Saatvik Green Energy is on a mission to lead the global transition to renewable energy in India. Having established its manufacturing facility in the state of Haryana, Saatvik actively supports the initiatives to provide clean sources of energy, by manufacturing and distributing world class solar photovoltaic […] 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
ENGIE Accelerates Its Development in the Off-Grid Energy Market by Joining Forces with Fenix Updated On Mon, Oct 23rd, 2017 by Saurenergy Fenix will be the agile growth engine for ENGIE’s SHS business in Africa and enable us to become a leading profitable off-grid energy services company on the continent, reaching millions of customers by 2020. ENGIE and Fenix announced that they have agreed on a transaction in which ENGIE will acquire1 100% of Fenix International, a […] Read more
POWER TO P E O P L E Updated On Mon, Oct 9th, 2017 by Saurenergy Uttar Pradesh(UP) isn’t just known to be a political game changer in the Indian history, but the state with a hefty population of 204.2 million on a vast land area of 243,286 km², is the most potentially budding yet the least exploitative solar hotspot in the country. It has a brilliant solar radiation of an […] Read more
Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022 Updated On Mon, Feb 6th, 2017 by Saurenergy The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […] Read more
National Review Meeting of RE Sector with the State Governments held Updated On Tue, Jan 24th, 2017 by Saurenergy “ARUN” Mobile Application Launched Ministry of New & Renewable Energy (MNRE) organized a two days National Review Meeting with the State Government officials of Renewable Energy sector from 23rd to 24th January 2017. Mobile App for Solar Rooftop Systems “ARUN- Atal Rooftop Solar User Navigator and Information Guide on Rooftop Systems was also launched on […] Read more
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] Read more
