CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility Updated On Fri, Jul 19th, 2019 by Saurenergy CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […] Read more
Energy Startups Graduate from Shell E4’s Second Cohort Updated On Fri, Jul 19th, 2019 by Saurenergy The Shell centre housed the selected startups at a co-working space for 6 months and offered them seed funding of USD 20,000 each. Ten startups from the field of energy and sustainability have successfully graduated from second cohort of the E4 programme of Shell, which is one of the most diversified international energy companies in […] Read more
RK Singh Okays Transmission Schemes Proposal for 66.5 GW RE Projects Updated On Thu, Jul 18th, 2019 by Saurenergy Prior requirement of LTA applications and associated bank guarantees, to be deferred for the interim period till the RE project is awarded to the successful bidder. In a bid to provide a significant boost to the country’s renewable energy sector, Power Minister RK Singh has approved the CERC’s (Central Electricity Regulatory Commission) proposal for early […] Read more
Distributed Renewables Could Create 400,000 Jobs in India Updated On Tue, Jul 16th, 2019 by Saurenergy A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […] Read more
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
GE Signs First Cypress Turbine Order in Turkey for 138 MW Project Updated On Fri, Jul 12th, 2019 by Saurenergy GE Renewable Energy has been selected to provide 27 Cypress units for the 138 MW Saros project in Turkey. GE Renewable Energy announced today that it has been selected by Borusan EnBW Enerji to provide 27 Cypress units for the 138 MW Saros project in Turkey. The Saros project upon completion is expected to generate […] Read more
UK Govt to Invest £37 Mn in EV Charging Infrastructure Updated On Thu, Jul 11th, 2019 by Saurenergy The UK government has announced that it is investing £37 million into British engineering to transform electric charging infrastructure The British government has announced that it is investing £37 million into British engineering to transform electric charging infrastructure, revolutionising the experience for the record levels of ultra-low emission vehicle drivers on the UK roads. Twelve projects […] Read more
BMW Donates 100 EV Charging Stations to National Parks Updated On Thu, Jul 11th, 2019 by Saurenergy BMW has completed its project to install EV charging stations and donate 100 EV Charging stations for the national parks in the US. BMW has announced the completion of a project in collaboration with the National Park Foundation, National Park Service, and the US Department of Energy to install EV charging stations around the national […] Read more
