Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo Updated On Fri, Mar 29th, 2019 by Saurenergy The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […] Read more
Tata Power Solar Launches Solar Rooftop Solutions in Jaipur Updated On Thu, Mar 28th, 2019 by Saurenergy TATA Power Solar has launched its solar rooftop solutions in Rajasthan’s capital city of Jaipur After the successful launch of residential rooftop solution in Delhi, Mumbai, Bhubaneswar, Bengaluru, Chennai, Guwahati, Jamshedpur and Kolkata, Tata Power has launched its rooftop solar solutions in the pink city of Rajasthan-Jaipur. The event was inaugurated by Mr. Suman Chandrawat, […] Read more
Can Power Storage Become a Real Option for Managing Demand Peaks and Troughs? Updated On Thu, Mar 28th, 2019 by Saurenergy Power Storage – Need of an Hour Nowadays, electricity is generated from many sources including renewable energy, as most of the economies globally are rigorously shifting towards clean and green sources of power generation such as – solar and wind. However, energy generation from different sources has variable outputs. Hence, power storage technologies have immense […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
Driving Greater Efficiency Through Technological Innovation Updated On Thu, Mar 28th, 2019 by Saurenergy Technological excellence can change the world as history testifies from the steam engine and the telephone, to the airplane and the internet, many successful inventions have relied on smarter use of technology to transform how we live, work, travel and communicate. It’s marvellous how these inventions have become so integral to our lives – and […] Read more
Maharashtra Passes Order For Power Generated by Solar Pumps to Account Towards RPO Fulfilment Updated On Mon, Mar 25th, 2019 by Saurenergy MSEDCL had filed the petition with the commission for the consideration of deemed generation on account of the installation of Off-Grid solar pump towards its RPO fulfillment. The Maharashtra Electricity Regulatory Commission (MERC) in a recent order has confirmed that the power generated by off-grid solar photovoltaic (PV) water pumps in the state installed under various […] Read more
EMEC Secures $35 Mn For Floating Wind Project in North-West Europe Updated On Fri, Mar 22nd, 2019 by Saurenergy The project is led by the European Marine Energy Centre (EMEC) working in partnership with SEAI, SAIPEM and other organisations in France, Germany, Ireland, the Netherlands, and the UK. A EUR 31 million ($35 million) project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a […] Read more
ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
