IRENA & IDB to Foster Sustainable Energy Future in LAC Countries Updated On Wed, Mar 10th, 2021 by Saurenergy The Inter-American Development Bank (IDB) and the International Renewable Energy Agency (IRENA) have signed a partnership that will help drive the energy transition in Latin America and the Caribbean (LAC) in line with the 2030 Agenda for Sustainable Development and the Paris Agreement. The partnership is built around knowledge-sharing in the context of promoting regional […] Read more
AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt Updated On Mon, Mar 8th, 2021 by Saurenergy The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse […] Read more
India Inc Finally Moving To Combat Climate Impact, Says CDP India Report Updated On Fri, Mar 5th, 2021 by Saurenergy CDP India has released a report entitled ‘BUILDING BACK GREENER: India Inc. Demonstrates Climate Resilience’ recently, which says that the imminent climate emergency is already manifesting itself through extreme weather events across the world. CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their […] Read more
Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA Updated On Tue, Feb 16th, 2021 by Saurenergy A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […] Read more
The 2021 Roadmap For Solar Updated On Thu, Feb 11th, 2021 by Saurenergy With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […] Read more
Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually Updated On Wed, Feb 10th, 2021 by Saurenergy Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […] Read more
Economic Survey-India Needs $206 Bn for 2030 SDGs Agenda Updated On Wed, Feb 3rd, 2021 by Saurenergy The Ministry of Finance of GOI, in its Economic Survey 2020-21 released on January 29, 2021has also devoted a chapter to “Sustainable Development and Climate Change”. agenda India and the SDGs: The agenda 2030 for sustainable development with 17 Sustainable Development Goals (SDGs) and 169 associated targets comprises a complete developmental agenda integrating social, economic, and […] Read more
Boralex Announces Closing of the Acquisition of Interests in 7 Solar Plants in US Updated On Wed, Feb 3rd, 2021 by Saurenergy Boralex has announced the closing of the previously reported acquisition of the controlling interests in a portfolio of seven solar plants located in the United States, for a purchase price of CA $277 million (US $215.6 million) after certain adjustments made as per the acquisition agreements. The seven solar plants have a total gross installed capacity of 209 […] Read more
Solis Makes A Point, With 1 GW Milestone In India Updated On Fri, Jan 29th, 2021 by Saurenergy Jan 29th– Ginlong (Solis) Technologies, the Ningbo, China headquartered inverter firm released its 2020 estimated annual financial report on January 22: the annual sales is expected to up to 3,40 million USD dollars, the highest growth than the same period last year of 93%. Ginlong (Solis) Technologies entered India in 2015, and has underlined its strong […] Read more
