Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
SECI Signs PSA’s Worth 800 MW Solar and Wind Power with Bihar Discoms Updated On Fri, Jun 14th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has signed three Power Supply Agreements (PSA) with Bihar DISCOMS worth 800 MW. The 3 PSAs aggregating 450 MW Solar and 350 MW Wind Power signed by SECI with the state distribution companies of Bihar. 3 PSA s aggregating 450 MW Solar and 350 MW Wind Power signed […] Read more
Solar PV Jobs in India Surge; Top Markets See Slump: IRENA Updated On Fri, Jun 14th, 2019 by Saurenergy Despite slower growth in key renewable energy markets including China, jobs in renewables grew to their highest level on the back of many more countries adopted manufacturing, trading and installation of renewable energy technologies. The employment in solar photovoltaic (PV) industry witnessed a surge in India, Southeast Asia and Brazil in 2018, whereas major markets […] Read more
Jolywood Signs Agreement For 320 MW Solar Project with Shanghai Electric Updated On Fri, Jun 14th, 2019 by Saurenergy Jolywood and Shanghai Electric have announced the signing of a landmark cooperation deal to construct a 320MW capacity power project. Jolywood, a leading Chinese manufacturer of N-type bifacial solar cells and modules, and Shanghai Electric have announced the signing of a landmark cooperation deal to construct a 320MW capacity power station to deliver clean and renewable […] Read more
Draft Regulations For Tariff of Distributed Solar Projects in Chhattisgarh Updated On Fri, Jun 14th, 2019 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC)has issued its draft regulations for Grid Interactive Distributed Renewable Energy Sources 2019. The Government of India has set an ambitious target to achieve 40 GW of cumulative installed capacity from grid-connected rooftop Photovoltaic (GRPV) systems by 2022. And in order to achieve that target, the center has partnered […] Read more
IRENA Report on Water Use in India’s Power Generation Updated On Thu, Jun 13th, 2019 by Saurenergy This study analyses the prospective impact of renewable energy deployment, along with recently mandated changes to power plant cooling systems, on water use in India’s electricity sector. Looking at the expected freshwater intensity of non-hydro power generation under different scenarios, the analysis aims to quantify the impact of India’s energy transition on freshwater use. The […] Read more
Bihar CM: Install Solar Panels on Government Buildings Updated On Thu, Jun 13th, 2019 by Saurenergy In a bid to promote renewable sources of energy, chief minister Nitish Kumar on June 12, 2019 issued a directive for the installation of solar plates on all government buildings and offices in the state from this year. Chairing a meeting to review presentations on various schemes of the energy department, the CM said there […] Read more
Kenya Launches $47 Mn Off-Grid Solar Access Project Updated On Thu, Jun 13th, 2019 by Saurenergy Kenya has launched a $47 million facility under the Off-Grid Solar Access Project aimed at the private sector to provide solar and clean cooking solutions The government of Kenya has launched a $47 million (KSh 4.7 billion) facility under the Kenya-Off-Grid Solar Access Project (KOSAP) aimed at spurring the private sector to provide viable solar […] Read more