Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report Updated On Mon, Dec 4th, 2023 by Saurenergy A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […] Read more
Sierra Leone Set to Welcome its First Wind Farm in Sherbro Island Updated On Fri, Dec 1st, 2023 by Saurenergy Sierra Leone is set to welcome its first wind farm at Sherbro Island. Towards this, the generation unit of Octopus Energy has joined hands with Idris Elba and Sherbro Alliance Partners (SAP) to realise this goal. Sherbro Alliance Partners is an infrastructure development firm. The significant announcement was made at COP28. The agreement will pave […] Read more
Japanese Solar Firm Nippon Expands UAE Presence with 998 MW Solar Projects Updated On Thu, Nov 30th, 2023 by Saurenergy Grandweld Shipyards, a shipbuilder in the UAE has joined hands with Japanese solar firm, Nippon to build a solar plant that will produce 880 MWh of clean energy per year. The project aims to deliver 26.4 GWh of clean energy over the lifespan of the project and to reduce 14,111 metric tons of carbon emissions. […] Read more
Glasgow Airport’s 20 MW Solar Farm Readies for Take Off Updated On Wed, Nov 29th, 2023 by Saurenergy Scotland is set to welcome its largest airport-based solar farm, for which, the development phase has reached completion and construction has kicked off. The Glasgow Airport solar farm will be built in a phased manner. The development of the 20 MW array with UK-based Zestec Renewable Energy has been successfully completed already. In unison with […] Read more
EU’s Net Zero Industry Act Set To Boost Technology Production In Europe Updated On Wed, Nov 22nd, 2023 by Saurenergy The European Union, (EU) Parliament, recently adopted legislation to bolster Europe’s manufacturing output in technologies for decarbonisation. The announcement of the “Net-Zero industry act” has sets the target for Europe to produce 40% of its annual deployment needs through net-zero technologies by 2030. The new legislation of the EU is based on National Energy and […] Read more
Gamechange Solar Bags 232MW Order From Bechtel In US Updated On Wed, Nov 22nd, 2023 by Saurenergy GameChange Solar (GCS) have announced that they will supply their Genius Tracker™ solar trackers for Sabanci Renewables’ Oriana Solar, a 232 MWdc project located on the Texas Gulf Coast in Victoria County. The company claims that its Genius Tracker technology helps improve energy gains with its WeatherSmart™ backtracking features and dynamic stow modes that protect […] Read more
Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
Residential Solar Rooftop Potential Linked To Subsidies-CEEW Study Updated On Fri, Nov 17th, 2023 by Saurenergy Over 25 crore households across India have the potential to deploy 637 GW of solar energy capacity on rooftops, according to a new report by the Council on Energy, Environment and Water (CEEW) report released today. The CEEW report found that deploying just one-third of this total solar technical potential could support the entire electricity […] Read more
California’s 500 MW Oberon Solar with Storage Project Sets Off Operation Updated On Thu, Nov 16th, 2023 by Saurenergy A firm that develops, owns, and operates clean energy resources, such as solar PV, co-located storage, and green hydrogen, Intersect Power, has kickstarted the commercial operation for California-based 500 MW Oberon solar and storage project. The Oberson solar with storage project is in line with the USA’s Inflation Reduction Act (IRA) since it employs equipment […] Read more
