Wind Now Provides 14% of Europe’s Electricity Updated On Fri, Feb 22nd, 2019 by Saurenergy Wind energy provided 14% of the EU’s electricity last year, up from 12% in 2017, according to statistics released by WindEurope. Wind power capacity rose in Europe by 11.3 GW in 2018. Continued growth in capacity and the use of more powerful turbines are helping to drive up wind’s share in the electricity mix. Denmark […] Read more
New Solar Power Program to Help Electrify Rural Communities in Afghanistan Updated On Thu, Feb 21st, 2019 by Saurenergy The initiative is designed to provide electricity to some of the nearly 20 million Afghans who are not connected to the national power grid. IFC, a member of the World Bank Group, has launched a pioneering program to supply small-scale solar power systems to homeowners across Afghanistan. The pilot program will see the introduction of […] Read more
World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
Work Begins on Adani’s 100% RE Data Centre Updated On Fri, Feb 15th, 2019 by Saurenergy The centres with a 5 GW solar park would be a first-of-its-kind 100 percent renewable energy powered project in the world. Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday laid the foundation stone for Data Centre and Technology Park of Adani Group in the port city of Vizag. The ground-breaking ceremony for the facility coming up at Kapuluppada […] Read more
BPDB Issues Tender For 50-60 MW of Solar Power Projects in Bangladesh Updated On Tue, Feb 12th, 2019 by Saurenergy The last date for the submission of bids is March 14, 2019. The Bangladesh Power Development Board (BPDB) has issued a tender for setting up 50-60 MW of grid-connected solar PV projects at Rangunia, Chattogram. The project developer will be selected through a competitive bidding process. The selected project developer will be required to arrange […] Read more
Interview with Hemant Lamba, Chairperson, Ashden India Collective Updated On Tue, Feb 12th, 2019 by Saurenergy Ashden India Collective (AIC) – a network of India-based winners of the prestigious Ashden Awards. It has 27 member organisations and entrepreneurs from around India. Individually the members of the Collective work to increase the number of Indians benefiting from affordable, clean energy. In an exclusive interview with Saur Energy International during the India […] Read more
EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments Updated On Fri, Feb 8th, 2019 by Saurenergy The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […] Read more
Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie Updated On Thu, Feb 7th, 2019 by Saurenergy The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […] Read more
EBRD & GCF Provide $50.4 Mn for Solar Project in Kazakhstan Updated On Wed, Feb 6th, 2019 by Saurenergy The new plant will generate over 102 GWh of electricity per year and will help reduce CO2 emission by 86,000 tons per year. Renewable power generation is set to play a greater role in Kazakhstan’s energy mix as a result of financing led by the European Bank for Reconstruction and Development (EBRD) for the construction of […] Read more
