AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa Updated On Thu, Jun 27th, 2019 by Saurenergy AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […] Read more
Europe to Surpass 250 GW Installed Solar Capacity by 2024: Report Updated On Thu, Jun 27th, 2019 by Saurenergy According to a new report, the total installed solar capacity in Europe will surpass 250 GW by 2024, with new solar installations doubling in the next 3 years According to a new report, new solar installations in Europe will double in the next 3 years to reach a level of approximately 20 GW/year, and the […] Read more
South & SE Asia ‘Can’ Transition to Zero Carbon: Climate Analytics Report Updated On Wed, Jun 26th, 2019 by Saurenergy According to a new report by the research institute Climate Analytics, the South and South East Asia can shift from their current carbon-intensive pathways to renewable energy The South And South East Asian economies can fuel economic growth, boost sustainable development and overcome energy poverty while avoiding life-threatening pollution and environmental degradation while transitioning to […] Read more
Solar Projects Worth 1.5 GW to be Commissioned by 2020 in UP Updated On Wed, Jun 26th, 2019 by Saurenergy Uttar Pradesh is planning to commission 1.5 GW solar plants by next year, according to a state official. Uttar Pradesh is planning to commission 1.5 GW solar capacity power plants by next year, state minister for the department of additional sources of energy (UP), Brajesh Pathak has said. The Centre has set a target of […] Read more
NV Energy Announces Projects Worth 1200 MW Solar and 590 MW Storage Updated On Tue, Jun 25th, 2019 by Saurenergy NV Energy has announced the addition of nearly 1,200 MW of new solar generation to be built in the state, along with 590 MW of battery storage. Nevada-based power utility, NV Energy has announced the addition of nearly 1,200 MW of new solar PV generation to be built in the state, along with 590 MW […] Read more
Jobs in Solar – The Untold Story Updated On Tue, Jun 25th, 2019 by Saurenergy In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […] Read more
Pre-Bid Notification For SECI’s 500 MW Solar Tender at Tamil Nadu Updated On Tue, Jun 25th, 2019 by Saurenergy SECI has issued a notification for the pre-bid meeting for its 500 MW grid-connected solar PV power projects in Tamil Nadu. The Solar Energy Corporation of India (SECI) has issued a notification for the pre-bid meeting for its 500 MW grid-connected solar PV power projects in Tamil Nadu (Phase 1, Non-Solar Park). In order to […] Read more
Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur Updated On Mon, Jun 24th, 2019 by Saurenergy Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more