IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
SJVN Partners With NIWE to Develop Solar, Wind & Hybrid Projects Updated On Tue, Jun 15th, 2021 by Saurenergy SJVN Limited has announced signing a Memorandum of Understating (MoU) with the National Institute of Wind Energy (NIWE) to develop various Solar, Wind (solar-wind) Hybrid, and (solar-wind pus battery storage) Hybrid Energy projects. Both organizations have signed the MoU for Technical Consultancy Services for the development of these projects of SJVN. NIWE will Support SJVN […] Read more
Vestas Wins 108 MW Wind Turbine Projects in Poland Updated On Mon, Jun 14th, 2021 by Saurenergy Danish wind turbine manufacturer Vestas Wind Systems A/S has secured orders for manufacturing wind turbines from global independent fund manager DIF Capital Partners for four projects in Poland, all awarded in Poland’s second auction round from 2019, cumulatively totalling 108 MW in capacity. The four projects are Pruszcz (70 MW), Markowice (26 MW), Piaski (8 MW) and […] Read more
Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report Updated On Mon, Jun 14th, 2021 by Saurenergy Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […] Read more
GGGI to Build 250 MW Solar Plant Along Mumbai-Nagpur Superhighway Updated On Wed, Jun 9th, 2021 by Saurenergy With its rapid economic growth and increasing demand for energy services, India is well-placed to invest more in clean, cheap reliable sources of energy, particularly in the solar sector. However, this potential remains largely untapped. The Indian government has set a goal of 100 gigawatts (GW) of solar power capacity by 2022, but it had […] Read more
Ladakh To Add To Solar Imprint With 5 MW CESL MOU Updated On Mon, Jun 7th, 2021 by Saurenergy The union territory of Ladakh has signed a memorandum of understanding (MoU) with Convergence Energy Services Ltd (CESL) for setting up of 5-MW Solar Power Plant at Zanskar in Kargil. Signed on June 5, World environment day, between Ladakh Autonomous Hill Development Council (LAHDC), Kargil and CESL . Speaking at the virtual event, Lt. Governor […] Read more
DR Congo Goes With Solar Off Grid To Power 3 Northern Cities Updated On Sun, Jun 6th, 2021 by Saurenergy Africa’s second largest country, and one of its poorest, the Democratic Republic of Congo (not to be confused with the neighboring Republic of Congo) has finally placed a big bet on renewable energy. The government there has finally gone for a $100 million investment off grid hybrid solar projects that will provide power to three cities […] Read more
Norway’s Scatec Wins 540 MW Solar, 1140 MWh Battery Bids In South Africa Updated On Thu, Jun 3rd, 2021 by Saurenergy Norway based renewable energy developer Scatec has won preferred bidder status for 540 MW of solar projects alongside 225MW / 1,140MWh of battery storage in South Africa. For Scatec, the bid aligns well with its target of 15 GW of renewable energy with a strong mix of storage by 2025. The tender was run by […] Read more
Solar Alliance Signs Agreement for First U.S. Operating Asset Updated On Thu, May 27th, 2021 by Saurenergy Recurring revenue over 30-year project life in New York State seen as “significant catalyst” for U.S. growth plans Solar Alliance Energy Inc. is pleased to announce it has signed a binding Letter of Intent (the “Agreement”) with Abundant Solar Power Inc. (“Abundant”) to build, own and operate a 350 kilowatt (“kW”) solar project in New […] Read more
