Husk Power Systems to Establish 80 Rural Microgrids; Signs Microdebt Facility with EDFI ElectriFI Updated On Thu, Sep 15th, 2022 by Saurenergy Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, has set its sights on electrifying 80 additional communities in India with $6 million in new debt financing from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). What the Microgrids Offer The 80 solar microgrids will prove to be […] Read more
Husk Secures Funding For Solar Microgrids in Rural India Updated On Thu, Feb 17th, 2022 by Saurenergy Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […] Read more
Global Microgrids Market to Reach $46 B by 2026, China to be at $12 B Updated On Tue, Oct 12th, 2021 by Saurenergy Global market for microgrids estimated at US$27 billion in the year 2020, is projected to reach a revised size of US$46.5 billion by 2026, growing at a CAGR of 9.3% over the period, according to a new report. Key highlights of the “Microgrids: Global Market Trajectory & Analytics” report are given below: Global Micro Grids Market to […] Read more
SUSI Partners to Fund Canopy Power’s Renewable Microgrids Updated On Thu, Oct 7th, 2021 by Saurenergy Swiss fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has joined forces with Singapore-based microgrid technology provider Canopy Power to bring clean power solutions to off-grid locations across Southeast Asia. It is SUSI’s second investment in Southeast Asia following the creation of a joint venture with Malaysian company InvestEnergy which is dedicated […] Read more
$50 M to Ramp up Microgrids in Regional Australia: ARENA Updated On Fri, Sep 24th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced the launch of the $50 million Regional Australia Microgrid Pilots Program (RAMPP) to support microgrid pilot projects across regional Australia. Announced in the 2020-21 Federal Budget, the six year program aims to improve the resilience and reliability of electricity supply […] Read more
CSC & Tata Power to set up 10,000 Solar Microgrids Across Rural India Updated On Fri, Apr 16th, 2021 by Saurenergy CSC has announced a collaboration with Tata Power to set up solar-powered microgrids and water pumps in rural areas across India. The government’s e-governance services arm CSC has announced a collaboration with Tata Power to set up solar-powered microgrids and water pumps in rural areas across the country. To begin with, Tata Power has proposed to set up […] Read more
Tata Power’s 200 Microgrids to be Ready by 2021 Updated On Mon, Sep 21st, 2020 by Saurenergy TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete the installation work of 200 microgrids and make them ready for use by next year, said the Rockefeller Foundation — a partner in the clean energy project. In November 2019, Tata Power had announced creating an arm, TPRMG, to set up 10,000 […] Read more
Record Number of Microgrids Installed in US Last Year: WoodMac Updated On Thu, Jul 23rd, 2020 by Saurenergy 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
