Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
Suzlon to Foray into Solar Energy Sector to Offer Wind-Solar and Integrated Solutions Updated On Tue, Jan 12th, 2016 by Saurenergy The chairman of Suzlon Group has recently announced that the group is looking to foray into the solar energy sector in the current fiscal year. Tulsi Tanti shared his views while talking to a well-known media group of India that “Our priority for FY16 will be to ramp up volume by executing a strong order […] Read more
Solar Energy Prime for Green India – MNRE nudge Eminent Initiatives Updated On Sat, Dec 5th, 2015 by Saurenergy In the financial plan of 2015, Govt of India aims to swell 175GW of renewable energy, including a pragmatic extension of 100GW of renewable energy by 2022 said Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy during a questionnaire session in the Lok Sabha. The minister also cites […] Read more
Is Alternative Energy the “Game Changer” for India – A look back! Updated On Tue, Nov 17th, 2015 by Saurenergy The energy of the sun and the rays produced are significantly essential for life. Now that’s elementary, what about transforming sunlight into electricity power by directly using the photovoltaic (PV) process or indirectly using the concentrated solar power (CSP) process? Today, these types of energy process from sunlight have immaculate applications and benefits for the […] Read more
US BESS Market Grows Amid Federal Policy Changes: Report Updated On Fri, Jun 13th, 2025 by Saurenergy The United States (US) battery energy storage (BESS) market is booming across the country this year, with a growth streak in 2024. The rapid clip of expansion is partially due to falling battery manufacturing costs, with Rystad Energy predicting this trend to continue over the next five to seven years amid ongoing design improvements. While […] Read more
Egypt: AfDB Commits $184.1 Mn For Solar & BESS Project Updated On Thu, Jun 12th, 2025 by Saurenergy African Development Bank Group’s board of directors approved a financing package of up to $184.1 million to support the development of the Obelisk 1-GW solar photovoltaic project and 200MWh battery energy storage system (BESS) in Egypt. This is expected to be Africa’s one of the largest solar power plants. Located in Qena Governorate in southern […] Read more
US Cancelled $14 Bn in RE Projects, 10,000 Jobs Lost In 2025: E2 Updated On Fri, May 30th, 2025 by Saurenergy Businesses in the United States (US) canceled or delayed more than $14 billion in investments and 10,000 new jobs in clean energy and clean vehicle factories since January, amid rising fears over the future of federal clean energy tax credits and policy, according to E2’s latest analysis of clean energy projects tracked by E2 and […] Read more
Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers Updated On Wed, Mar 12th, 2025 by Saurenergy Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […] Read more
IRFC Lends ₹7,500 Cr Term Loan To NTPC REL For RE Projects Updated On Mon, Feb 24th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NTPC GEL), has accepted the Indian Railway Finance Corporation (IRFC) bid of ₹7,500 crores to finance a Rupee Term Loan (RTL). The bid was made in response to the Request for Proposal (RFP) dated January 17, 2025 by NTPC Green […] Read more
