UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
Niger PM Brigi Rafini Inaugurates its First Ever Solar Plant Updated On Tue, Nov 27th, 2018 by Saurenergy Developed with the support of Indian government, the 7 MW facility is located near Malbaza, a rural village in central Niger. In a proud moment, Niger’s prime minister Brigi Rafini and the minister of energy Amina Moumouni have inaugurated the nation’s first solar power plant. Developed with the support of Indian government, the 7 MW […] Read more
AFRICA: World Bank invests in batteries to boost solar energy Updated On Sat, Oct 20th, 2018 by Saurenergy The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […] Read more
ADB Raises €600 Mn via Green Bond to Spur Climate Financing Updated On Mon, Jul 9th, 2018 by Saurenergy Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […] Read more
GCL New Energy Inks PPA for 110 MW Solar Project in Colorado Updated On Fri, Jun 15th, 2018 by Saurenergy Further, this project is located on 611 acre site 35 miles east of Denver, Colorado where the land is flat and has good irradiance. Clean energy conglomerate GCL Group arm GCL New Energy has inked a long-term power purchase agreement (PPA) with Intermountain Rural Electric Association (IREA) for its Pioneer 110 MW greenfield project in Colorado. Further, this […] Read more
Small African Nations Seek Indian Support Through ISA Updated On Fri, May 25th, 2018 by Saurenergy Speaking on the sidelines of Fourth Smart Cities India 2018 Expo, underway at the Pragati Maidan, Gambian Ambassador said that they are seeking technical support from India through ISA. She was referring to small population nations of the African continent. To build up their solar capacity, small African nations are looking towards India for assistance […] Read more
Hanergy Launches New Thin-film Solar Powered ‘Humbrella’ Updated On Fri, May 4th, 2018 by Saurenergy The company would donate the first batch of a million RMB (USD 160,000) solar-powered umbrellas, or ‘Humbrellas’, to regions of Africa where electricity shortages routinely prevent children from having enough time for study. In a major move for the global mobile energy industry, Hanergy has launched its new product ‘Humbrella’, a thin-film solar powered umbrella providing clean, free and […] Read more
International Solar Alliance, India’s Brainchild is Powerful Catalyst Updated On Sat, Mar 17th, 2018 by Saurenergy The alliance will provide these nations a voice and act as a platform to share experiences and narrow technological gaps through cooperation and increased engagement between Governments, businesses and the citizenry. On March 11, the heads of around 40 countries came in India for the first official summit of the International Solar Alliance (ISA), a […] Read more
M-KOPA Solar, Mastercard Join Hands for Pay-As-You-Go Solar Program Updated On Tue, Feb 27th, 2018 by Saurenergy M-KOPA will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach of its pioneering pay-as-you-go solar program. Mastercard, an American multinational financial services corporation, has entered into partnership with Kenyan pay-as-you-go solar provider M-KOPA to expand its solar energy provisioning to homes and businesses in Africa. At the Mobile World Congress both […] Read more
