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
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
ADFD & IRENA Started Accepting Applications For Funding Opportunities For Renewable Energy Projects Updated On Thu, Nov 16th, 2017 by Saurenergy The Facility allocated US$189 million to 19 renewable energy ventures across the globe, covering up to 50 per cent of the project costs. The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded […] Read more
India Plans Rent a Roof Policy to Boost Solar Power Generation Updated On Thu, Nov 16th, 2017 by Saurenergy Under this policy developer will take rooftops on rent and will offer lease to each household, and then feed the power to the grid, says MNRE secretary. To achieve the ambitious target of adding 100GW of solar energy by 2022, the Government is planningon a “rent a roof” policy, said Anand Kumar, secretary in the […] Read more
1 Billion USD Guarantee Can Lead to 15 Billion US Dollars Investment for Solar Energy Updated On Wed, Nov 15th, 2017 by Saurenergy CRMM could help build over 1 terrawatt (TW), or 1000 GW, of solar power generation capacity in low and middle-income countries by 2030. According to a study by Common Risk Mitigation Mechanism, a USD 1 billion guarantee could crowd in up to USD 15 billion of investments for 20GW of solar PV capacity in more […] Read more
India’s Renewable Energy Capacity Crosses Milestone of 60GW Updated On Wed, Nov 15th, 2017 by Saurenergy India has set an ambitious 175GW clean energy target by 2022, of which 100GW is to come from solar projects. India has achieved a major milestone in solar power generation capacity. India added 10,000 MW clean energy capacity in the last nine months, taking country’s total renewable energy capacity to 60,000 MW in the September […] Read more
Renewable Electricity’s Spanish Support Scheme Approved by the European Commission Updated On Mon, Nov 13th, 2017 by Saurenergy The scheme has around 40,000 beneficiaries. In 2016, the annual payments under the scheme amounted to €6.4 billion. The Spanish scheme supporting electricity generation from renewable energy sources, high efficiency co generation of heat and power and waste, the European Commission has found it to be in line with EU State aid rules. The scheme […] Read more
Solar Energy Insurance for Utility Scale Projects Updated On Mon, Nov 13th, 2017 by Saurenergy With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […] Read more
Decline in Installation Cost to Drive Growth of Renewable Updated On Thu, Nov 2nd, 2017 by Saurenergy Global power generation from renewable sources has almost quadrupled in the last 10 years, while global installed renewable capacity had grown by over six times to 770GW by the end of 2016. A significant decline in the cost of installing solar and wind power over the last decade should ensure sustained renewables growth in all […] Read more
