ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
Growatt Strengthens Footprint in Mexico; Hikes Investment in 2 Yrs Updated On Wed, Nov 6th, 2019 by Saurenergy Now, in order to further strengthen its market position, the inverter manufacturer has started providing professional training to its local partners. With an aim to strengthen its presence in the Mexican market, Chinese photovoltaic (PV) inverters maker, Growatt, is expanding its business activities including investment and training in Mexico. Recently, the inverter major conducted its […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
MNRE Invites Bids for Evaluation of 5GW VGF Scheme Updated On Fri, Nov 1st, 2019 by Saurenergy Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has invited expression of interest (EOI) for the evaluation of its 5 GW Viability Gap Funding (VGF) scheme. The ministry said in a statement that, it intends to engage reputed organization, […] Read more
Is Chindia the Answer to India’s Manufacturing Puzzle? Updated On Tue, Oct 29th, 2019 by Saurenergy When it comes to manufacturing in Solar, it is not a rankings fight globally. China settled that some time ago. By 2012 to be accurate. It’s a fight for the other 30 percent market share, be it with breakthrough innovations, temporary tariff protections or sheer cussedness as the US is doing right now. But eventually, […] Read more
Advanced Lithium-Ion Technologies on Route for Record Investments in 2019 Updated On Tue, Oct 29th, 2019 by Saurenergy A new report has revealed that USD 350 million was invested globally in advanced lithium-ion technologies during the first half of 2019. Analyst firm Wood Mackenzie‘s ‘Global energy storage outlook, Q3 2019′ indicates more than USD 350 million invested globally in advanced lithium-ion technologies during the first half of 2019. It was just over USD 600 […] Read more
US Non-Residential Storage Market to Grow 10-Fold by 2024 Updated On Mon, Oct 28th, 2019 by Saurenergy Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […] Read more
27 Countries Pledge $9.776 bn to Replenish the Green Climate Fund Updated On Mon, Oct 28th, 2019 by Saurenergy 27 countries have pledged to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four years, with more contributions expected The shared urgency of addressing climate change took a big step forward with 27 countries pledging to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four […] Read more
Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
