ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
Ireland’s Energy Sector Transformation Lead by its Power Sector Updated On Tue, Apr 16th, 2019 by Saurenergy Ireland has successfully advanced the transformation of its energy sector, led primarily by the power sector. In 2017, about a quarter of the country’s total power generation came from wind power, the third highest share among all 30 IEA member countries, according to the latest review of Ireland’s energy policies by the International Energy Agency. The electricity […] Read more
India’s Solar Sector Expected to Outperform Globally Despite Challenges: Report Updated On Tue, Apr 16th, 2019 by Saurenergy A new report by Fitch Solutions has predicted that the Indian solar power capacity will grow at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. The report highlights that India will continue to outperform rival markets over the next decade as recent problems such […] Read more
Starbucks Invests in Solar Energy to Power 360 Stores in Texas Updated On Tue, Apr 16th, 2019 by Saurenergy Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […] Read more
SDMC Shifts Focus to Solar Energy and EV Charging Points Updated On Tue, Apr 16th, 2019 by Saurenergy To encourage the public transition to use electric vehicles, the South Delhi Municipal Corporation (SDMC) has set a target to develop at least 50 public charging stations by the end of this financial year. Speaking at the fourth Asia Pacific Forum on Urban Resilience and Adaptation — Resilient Cities Asia Pacific 2019, SDMC commissioner Puneet […] Read more
Scatec Solar Brings First Part of 400 MW Solar Plant in Egypt Online Updated On Fri, Apr 12th, 2019 by Saurenergy Norway-based Scatec Solar has announced that it has grid-connected and reached commercial operation for 65 MW of its 400 MW Benban project in Egypt. The Benban solar power plant is Scatec Solar’s largest project under construction, and the company is the largest contributor to the 1.5 GW Benban site – the world’s largest solar park. […] Read more
Adani Gets MERC Approval to Initiate Bidding on 700 MW Solar Auction Updated On Thu, Apr 11th, 2019 by Saurenergy The state commission permitted the change after AEML filed a petition seeking the deviation from the standard bidding guidelines. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved Adani Electricity Mumbai Limited’s (AEML) petition to initiate the bidding process for the procurement of 700 MW of solar power. The commission has ordered […] Read more
Gujarat Seeking EPC Bids For Deployment of 150 MW of Solar Power Projects Updated On Wed, Apr 10th, 2019 by Saurenergy The last date of bid submission is May 6, 2019. The Gujarat Industries Power Company (GIPCL) has issued tender inviting bids from eligible EPC contractors for the construction of 150 MW of solar PV power projects in the state. The solar projects will be developed at the Dholera Solar Park and the Raghanesda Ultra Mega […] Read more
India and Chile Should Jointly Promote Solar Energy Globally : President Updated On Tue, Apr 2nd, 2019 by Saurenergy Kovind said that India looks forward to working with Chile to promote solar energy worldwide and enhance global action to combat climate change. President Ram Nath Kovind recently discussed wide-ranging issues of mutual interest with his Chilean counterpart Sebastian Pinera as the two sides signed three MoUs in the fields of mining, culture and disability. Kovind, who arrived after visiting […] Read more
