World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
EESL Organises Global Event INSPIRE 2017 on Energy Efficiency in Jaipur Updated On Tue, Nov 28th, 2017 by Saurenergy INSPIRE 2017 is a global conference which aims to bring various stakeholders such as policy makers, innovators, financiers, influencers to showcase best practices in the sector. Energy Efficiency Services Limited (EESL) in alliance with the World Bank and Alliance for an Energy Efficient Economy (AEEE) organised the first edition of the International symposium to promote […] Read more
Thomson Reuters Named Sungrow Top 25 Global Renewable Energy Honoree Updated On Wed, Nov 22nd, 2017 by Saurenergy Sungrow has been one of the most fast growing companies in the clean energy industry. Thomson Reuters, a leading source for news and industry reports for professionals across the globe has named Sungrow, the global leading inverter solution supplier for renewables, as a Top 25 Global Renewable Energy Honoree in its Top 100 Global Energy […] Read more
India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
IL&FS Tie-up With Ecamion To Explore Energy Storage Business Updated On Sat, Nov 18th, 2017 by Saurenergy IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […] Read more
China, Ukraine Agree to Deepen Cooperation in Clean Energy Updated On Sat, Nov 18th, 2017 by Saurenergy Ukraine which relies heavily on imported energy and sees a huge potential in its renewable energy cooperation with China. China and Ukraine have agreed to increase their cooperation in renewable energy, the Ukrainian government said. Both the countries reached the agreement during the plenary meeting of the Chinese-Ukrainian Subcommittee on Trade and Economic Cooperation in […] Read more
India Committed to 175 GW Clean Energy Target: MNRE Updated On Sat, Nov 18th, 2017 by Saurenergy India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […] Read more
ET Energy to Build a 61MWp Solar Project for UiTM in Malaysia Updated On Fri, Nov 17th, 2017 by Saurenergy The project was awarded in the first round of the Large Scale Solar PV project bidding program, and the 61MWp solar power plant will be connected to the grid before the end of 2018. ET Energy, the leading developer and operator of clean energy in the world, has announced that it has signed with its […] Read more
IEA Predicts India Will Lead the World in Clean Energy By 2040 Updated On Fri, Nov 17th, 2017 by Saurenergy Rapid deployment of solar photovoltaics (PV), led by China and India, will help solar energy become the largest source of low-carbon capacity The International Energy Agency (IEA) predicts India is likely to lead global energy demand growth surpassing China and the US by 2040. In its latest World Energy Outlook, published by the International Energy […] Read more