Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy Updated On Thu, Jan 18th, 2018 by Saurenergy Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […] Read more
IHS Markit: Global Solar Installations to Pass 100GW in 2018 Updated On Wed, Jan 17th, 2018 by Saurenergy Market analyst IHS Markit has issued its first forecast for 2018 installations. It expects the global market to surpass the 100 GW mark for the first time ever, hitting 108GW. IHS Markit is predicting another recording breaking year for solar in 2018, forecasting installations to hit 108 GW by the end of the year. The […] Read more
70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger Updated On Wed, Jan 17th, 2018 by Saurenergy The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […] Read more
International Finance Corporation to Support Largest Solar Power Plant in Jordan Updated On Wed, Jan 17th, 2018 by Saurenergy The solar plant in Jordan is the latest in a series of efforts to boost renewable energy investments in a country faced with increased energy demand, in part driven by the growing refugee crisis, according to an IFC statement published on its website. The International Finance Corporation (IFC), a member of the World Bank Group […] Read more
UNSW to be 100 Solar Powered From 2019 Updated On Mon, Jan 15th, 2018 by Saurenergy UNSW believes it is the first university worldwide to go fully energy carbon neutral with 100% of its needs supplied by solar photovoltaics. In a first in the world university sector, UNSW has reached an agreement with Maoneng Australia and Origin Energy to have 100 percent of its energy needs met by solar photovoltaics. The […] Read more
ADFD Earmarks $25M Loan for Two IRENA Solar PV Projects in Mauritius, Rwanda Updated On Mon, Jan 15th, 2018 by Saurenergy The projects have been recommended by the International Renewable Energy Agency (IRENA), a global platform for international cooperation on renewable energy. The Abu Dhabi Fund for Development (ADFD) has announced that it has set aside $25 million in concessional loans for two solar PV projects. The projects have been recommended by the International Renewable Energy […] Read more
Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
Dominion Energy Invests $1B in Solar Updated On Thu, Jan 11th, 2018 by Saurenergy The Solar Energy Industries Association ranks Dominion Energy the sixth largest among U.S. electric utilities. More money is being invested into the solar industry by the renewable energy companies. Dominion Virginia Power parent company Dominion Energy is investing $1 billion in its solar fleet in Virginia and North Carolina, and now ranks among utilities with […] Read more
Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC Updated On Thu, Jan 11th, 2018 by Saurenergy Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […] Read more