BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa Updated On Wed, Jun 26th, 2024 by Saurenergy British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […] Read more
Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad Updated On Tue, May 28th, 2024 by Saurenergy Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […] Read more
Trina Storage To Bring 5MWh Elementa 2 Platform In Middle East Updated On Tue, Apr 16th, 2024 by Saurenergy Energy storage product & solution provider Trina Storage has announced the release of the 5MWh variant of its innovative Elementa 2 platform in the Middle East. Following the successful global launch of the 4MWh Elementa 2 in London, this Middle East debut showcases Trina Storage’s commitment to innovation in sustainable energy solutions. Building upon Trina […] Read more
Nordex Receives 295 MW South Africa Turbine Order From EDF Renewables Updated On Tue, Apr 9th, 2024 by Saurenergy EDF Renewables (South Africa) a subsidiary of EDF Renouveables has placed orders with the Nordex Group for two wind energy projects in South Africa. According to Nordex, the Korosun 2 cluster, consisting of the Umsobomvu and Hartebeesthoek projects, will comprise 50 N163/5.X turbines with a total capacity of 295 MW. The Nordex Group will also […] Read more
South Africa’s Solar Adoption Gathers Pace, But Challenges Remain Updated On Thu, Apr 4th, 2024 by Saurenergy South Africa has long been plagued by an energy crisis now. This has led to a situation where the nation faces rolling blackouts or load shedding as it has been called, for the past decade and more. It says something for the state of the power sector that a challenge that was predicted well over […] Read more
News In Brief- Trina Solar in South Africa, Virat Kohli For Amaze And More Updated On Wed, Apr 3rd, 2024 by Saurenergy Amaze, the energy solutions brand, launched its new brand campaign Hamesha #ReadyToPerform, and showcased its widest range of inverters, batteries, and solar products in Lucknow, today. Virat Kohli headlines the brand promotions. Trina Solar Powers Groundbreaking Mooi Plaats 283MWdc Photovoltaic power plant in South Africa. Trina Solar announced its partnership with China Energy International Group and China Gezhouba Group to power […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA Updated On Wed, Oct 18th, 2023 by Saurenergy The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions. The report suggests that a link between delays in grid […] Read more
One Electric First Indian EV Firm to Mark Entry for Production in African Market Updated On Wed, Aug 23rd, 2023 by Saurenergy One Electric, a firm that makes electric two wheelers, has announced the manufacture of its flagship electric motorcycle KRIDN locally in Africa. One Electric has formed a joint venture with a locally set up electric vehicle manufacturing firm. The manufacturer of electric two wheelers has offered components, technology and know how for the assembly of […] Read more
