AfDB Okays $21.8 Mn Grant for Solar Irrigation Pumps in Sudan Updated On Mon, Dec 30th, 2019 by Saurenergy The African Development Bank (AfDB), a multilateral development finance institution, has approved to provide a grant of USD 21.783 million to the Government of Sudan. Through this grant, AfDB aimed to accelerate the adoption of solar-powered irrigation pumps in the Sudan’s West Kordofan and North Kordofan states. Under this project, farmers will be encouraged to […] Read more
2020 Could Be Africa’s Arrival As A Solar Market With Size Updated On Mon, Dec 30th, 2019 by Saurenergy After a long wait, 2020 could well mark a decisive shift in the energy availability graph for countries in Africa, as multiple approaches and tactics finally make a case for a stronger push. For long, Africa has suffered from the world’s lowest electrification rate. Figures from 2017 state that Its power consumption per capita is […] Read more
Job Alert! Research on Solar Pumps in India, Bangladesh, Nepal at IWMI Updated On Fri, Dec 27th, 2019 by Saurenergy Here are a few interesting jobs to consider in 2020. The International Water Management Institute (IWMI) is a non-profit, scientific research organization focusing on the sustainable use of water and land resources in developing countries. The IWMI is also the lead center for the CGIAR Research Program on Water, Land and Ecosystems (WLE). CGIAR is […] Read more
Are lower margins making the Indian solar market unattractive? Updated On Thu, Dec 26th, 2019 by Saurenergy In recent years, Indian solar industry saw many ups and downs whether it would be related to implementation of GST, safeguard duty, dues on Discoms, renegotiation of PPAs, policy changes etc. Here’re some views and voices from the industry on the impact of margins due to ongoing developments: Amit Gupta, Director of Legal and Corporate […] Read more
IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania Updated On Tue, Dec 24th, 2019 by Saurenergy IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania The International Finance Corporation (IFC), a member of the World Bank Group, is providing EUR 18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and […] Read more
ACWA Power Signs 20-Year PPA for 250 MW Solar Projects in Ethiopia Updated On Tue, Dec 24th, 2019 by Saurenergy ACWA Power has signed two PPA with Ethiopia state-owned electricity producer EEP for two 125 MW solar projects at USD 2.526 cents/kWh over 20 years ACWA Power, international developer and operator of power generation and water desalination projects, has announced that it has signed two long-term power purchase agreements (PPA) with Ethiopia state-owned electricity producer […] Read more
Aquila Capital Acquires Rights for 400 MW Wind Project in Norway Updated On Mon, Dec 23rd, 2019 by Saurenergy Aquila Capital has acquired all shares in Øyfjellet Wind AS, which holds the rights to establish wind farm Øyfjellet with a capacity of 400 MW in Norway. Aquila Capital has acquired all shares in Øyfjellet Wind AS, which holds the rights to establish wind farm Øyfjellet with a capacity of 400 MW in Norway. Through […] Read more
Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI Updated On Mon, Dec 23rd, 2019 by Saurenergy SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […] Read more
Statkraft and Solaria Sign 10-Year 252 MW Solar PPA Updated On Sat, Dec 21st, 2019 by Saurenergy Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […] Read more