Bangladesh, ISA Agreement For Enhanced Solar Energy Use Updated On Sun, Feb 26th, 2023 by Saurenergy The Bangladesh Government has announced the signing of an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in the country. The agreement was signed between the ISA Director General Ajay Mathur and the Bangladesh Power Division Secretary Md. Habibur Rahman. The agreement is expected to be implemented by December […] Read more
Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria Updated On Fri, Feb 24th, 2023 by Saurenergy The renewable energy expansion is expected to reach new heights in the African country of Nigeria as Universal Energy Facility (UEF) has announced providing grants to RE companies who applied to have their projects financed as part of the facility’s stand-alone Solar for Productive Use programme in Nigeria. UEF is a results-based financing facility managed […] Read more
US Sets Sights on First Offshore Wind Auction in Gulf of Mexico Updated On Fri, Feb 24th, 2023 by Saurenergy The United States has come up with a proposal for the first sale of offshore wind power development rights in the Gulf of Mexico. The sale currently under planning is an effort towards Joe Biden’s administration to set up wind turbines along all the coastlines of the USA, which looks to achieve 30 GW of […] Read more
French Firm Akuo Energy Looks to Set up Agrisolar Portfolio in Greece Updated On Thu, Feb 23rd, 2023 by Saurenergy French renewable energy firm Akuo Energy has established its first solar park in Greece. Back in October 2021, the firm had set up the 1 MW Chalki island project. The newly launched project includes four PV comprising 1 MW each. The yearly output of the project will help meet the needs of 350 households, the […] Read more
Sri Lanka Investment Board Greenlights $442-mn Adani Green Wind Power Plants Updated On Thu, Feb 23rd, 2023 by Saurenergy The Board of Investment of Sri Lanka has given its nod to two wind power plants by AGEL (Adani Green Energy Ltd). These entail a cumulative investment of $442 million. As per the statement, the wind power plants that boast of 350 MW of capacity are scheduled for commissioning in two years. They will be […] Read more
EU Saved €12 Billion Due to Wind & Solar Expansion Due to Ukraine-Russia Conflict: Ember Report Updated On Wed, Feb 22nd, 2023 by Saurenergy The conflict between Russia and Ukraine that continues for a year now has proved to be a ‘blessing in disguise’ for the European Union with regards to renewables. An analysis by Ember – an energy think tank – has revealed that the European Union has saved more than EUR 12 million through a switch from […] Read more
Danish Royal Envoy to Visit Tamil Nadu for Discussion on Green Energy Updated On Wed, Feb 22nd, 2023 by Saurenergy An envoy consisting the Danish royal family along with Danish firms will be visiting Tamil Nadu for discussions on green energy. The royal representatives will include the Crown Prince of Denmark Fredrik Andre Henrik Christian and Crown Princess Mar Elizabeth. Tamil Nadu has been a primary site for investments by Denmark-based firms. A string of […] Read more
NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan Updated On Wed, Feb 22nd, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […] Read more
The 5 Questions 2023 Could Answer for Renewable Energy in India Updated On Tue, Feb 21st, 2023 by Saurenergy India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […] Read more