Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park Updated On Wed, Jun 19th, 2024 by Saurenergy A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […] Read more
China’s ‘Spare Solar’ Capacity Offers Energy Access Avenues: EMBER Updated On Wed, Jun 12th, 2024 by Saurenergy A recent report by EMBER delved into the untapped potential of surplus solar manufacturing capacity in China, highlighting its pivotal role in addressing both energy access and climate change. It revealed that despite the exponential growth in global solar manufacturing capacity, the deployment of solar panels worldwide lags significantly behind. According to estimates by the […] Read more
ArcelorMittal Bremen and wpd To Develop 72 MW Wind Farm In Germany Updated On Wed, Jun 12th, 2024 by Saurenergy ArcelorMittal Bremen cooperates with the local wind energy projecter WPD for the planning, construction and operation of Wind farms on the factory premises. Both companies have signed a Memorandum of Understanding. So is the foundation for long-standing cooperation, in which wpd on the ArcelorMittal factory premises in Bremen will build and operate up to ten […] Read more
candi solar Secures $38 Million Investment Through Equity Updated On Mon, Jun 10th, 2024 by Saurenergy candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […] Read more
Programme Associate – Distributed Renewable Energy Updated On Fri, Jun 7th, 2024 by Saurenergy Job Duties and Accountabilities:- Desirable Outcomes (first year):- Lead the team to accelerate adoption of distributed RE in atleast one state and support in other states. Conceptualise and execute atleast one innovative idea to scale up the adoption of DRE in the priority state Take up atleast one institutional responsibility or actively work on one […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
US Invests $ 9.5 Mn To Study Social Dynamics Of Siting Solar Project Updated On Wed, Jun 5th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced an investment of $9.5 million for four new projects. This study was undertaken to examine the ways that siting practices can influence public attitudes toward and permitting of large-scale solar facilities. The research is expected to generate actionable insights that improve outcomes for host communities. It particularly […] Read more
EU Commission Approves Italian Scheme To Support 4590 MW RE Production Updated On Wed, Jun 5th, 2024 by Saurenergy European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […] Read more
India Needs To Increase Renewable Deployments: IEA Report Updated On Tue, Jun 4th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) said that countries like India, European Union and the United States needed to accelerate the pace of deployment of renewable energy. The global energy think tank said that the acceleration is needed for India to achieve it target of ensuring 500 GW of capacities from non-fossil […] Read more
