APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
Washington Joins 100% Renewable Energy Clan, More May Follow Updated On Thu, May 9th, 2019 by Saurenergy Washington Gov. Inslee gave a green signal to the law that made the state the fifth member of the 100% clean energy list in the US. On May 7, Washington became the latest state to join the clean energy race, when Gov. Jay Inslee signed a law requiring that 100 percent of the state’s electricity […] Read more
D.light S500 Mobile Charger Plus Lamp Updated On Sat, May 4th, 2019 by Saurenergy PRODUCT BRIEF: The d.light S500 solar-powered lantern takes over from the company’s previous S300 model. The USB-enabled lantern comes with mobile phone battery chargers. The unique, angled lens of the S500 reflects light at a wide angle, allowing it to light up an entire room. The sturdy, rugged design of the S500 ensures that you […] Read more
Renewable Energy Output Exceeds Coal in US for the First Time Updated On Fri, May 3rd, 2019 by Saurenergy IEEFA says the renewable energy sector, which includes hydro, biomass, wind, solar, and geothermal energy, is expected to produce more electricity in the US than coal in both April and in May of this year. According to the EIA’s latest Short-Term Energy Outlook, coal-fired power plants only accounted for 20 percent of total U.S. electricity […] Read more
Risen Energy Forms Strategic Partnership to Expand Business in Australia Updated On Fri, May 3rd, 2019 by Saurenergy Chinese solar module manufacturer Risen Energy recently announced a strategic partnership with Sydney-based innovative investment and asset management company, Providence Asset Group. The two parties signed an agreement whereby they will collaborate on investment and on the development of solar photovoltaic (PV) power projects. This partnership will provide Risen Energy with strong financial support, helping […] Read more
Italy Signs €30 Mn Agreement With Myanmar to Fund Electrification Programme Updated On Fri, May 3rd, 2019 by Saurenergy As a part of the agreement signed between the two countries, Italy has approved Euro 30 million soft loan agreement. Italy has extended its help for the World Bank-funded national electrification programme in Myanmar that is expected to bring half a million people in the country energy access. As a part of the agreement signed between […] Read more
Denmark Identifies Areas for 12.4 GW of New Offshore Wind Updated On Tue, Apr 30th, 2019 by Saurenergy A study commissioned by the Danish government has identified good locations for 12.4 GW of additional offshore wind capacity, it was announced on last week. According to a statement by Denmark’s Energy, Utilities and Climate Ministry, the designated zones could accommodate between 12 and 15 wind farms, depending on their size. The study has found […] Read more
Interview with Pawan Pandey, Director | Radite Group Updated On Sat, Apr 27th, 2019 by Saurenergy Radite Mulls Entry Into Electric Vehicle Charging Segment We have serious plans for entering the EV charging segment, and have already done a lot of groundwork in this regards. We are very hopeful of establishing our first station in first quarter itself, says Pawan Pandey, Director, Radite Group, one of the fastest growing companies in […] Read more
Expanding its Global Presence, Growatt Sets Up Service Centre in Brazil Updated On Thu, Apr 25th, 2019 by Saurenergy Growatt, a leading Chinese inverter manufacturer has set up its Brazil Service Center in Mogi das Cruzes to expand its global presence. The expansion falls in line with the solar PV installations in Brazil. Solar capacity additions in the recent years have drastically increased in the South American nation, with 371.9 MW capacity added in […] Read more