4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
Switching up Renewables and With it Energy Poverty: Study Updated On Mon, Jul 15th, 2019 by Saurenergy According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
UN Fund GCF Removes Veto Power Over Climate Projects Updated On Thu, Jul 11th, 2019 by Saurenergy UN’s Green Climate Fund changed its rules at the latest meeting where it announced US$267 million towards United Nations Development Programme (UNDP) supported countries. The United Nations’ Green Climate Fund has changed its rules so no single country can block finance, as recently it happened when the US intervened in a Chinese bid. The decision […] Read more
Vestas to Establish Nacelle and Hub Assembly Factory in India Updated On Thu, Jul 11th, 2019 by Saurenergy To expand its supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address […] Read more
Hartek Power to Connect 130 MW Solar Power to Grid Updated On Thu, Jul 11th, 2019 by Saurenergy Hartek Power has bagged an order to set up a 220/33 kV substation, which would connect 130 MW of solar power to the grid in Jodhpur Chandigarh-based Hartek Power has announced that it has bagged an order to set up a 220/33 kV substation, which would connect 130 MW of solar power supply to the grid […] Read more
Hanergy Completes China’s Biggest PV Glass Wall Project Updated On Wed, Jul 10th, 2019 by Saurenergy Hanergy has completed the installation of the biggest Photovoltaic (PV) glass curtain wall project on a single building in China. Hanergy has announced that it has completed the installation of what it’s claiming is the biggest Photovoltaic (PV) glass curtain wall project on a single building. The HanWall project at China Pharmaceutical International Innovation Park […] Read more
SJVN and BHEL Sign MoU for Solar Power Projects Updated On Wed, Jul 10th, 2019 by Saurenergy SJVN has entered into an MoU with BHEL for development of solar power projects in India. SJVN Ltd. has announced that it has entered into a Memorandum of Understanding (MoU) with Bharat Heavy Electrical Ltd (BHEL) for development of solar power projects in India. The MoU aims at building a strategic partnership between the parties […] Read more
Investing in More Resilient Infrastructure Can Save $4.2 Trillion: World Bank Updated On Tue, Jul 9th, 2019 by Saurenergy Investing in a more resilient and sustainable infrastructure in low- and middle-income countries can have four times the benefit for each dollar spent, says World Bank & GFDRR The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 […] Read more
