Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] Read more
UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA Updated On Wed, Oct 24th, 2018 by Saurenergy The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […] Read more
Viz-A-Viz with Animesh Damani, Managing Partner, Artha Energy Resources Updated On Wed, Oct 17th, 2018 by Saurenergy Q. Please tell our readers more about Artha Energy Resources (AER) as a consultant in renewable energy sector. Artha Energy Resources is India’s first and only Renewable energy focused Investment Bank. Since its inception, the company has done 800 million USD worth of Mergers and Acquisitions. It houses three main divisions viz. a. Investment Banking […] Read more
India brings the world together to discuss Renewable Energy; global community applauds India’s Role Updated On Fri, Oct 5th, 2018 by Saurenergy 2nd Global Re-invest 2018 a resounding success The Ministry of New and Renewable Energy hosted the First Assembly of International Solar Alliance (ISA), 2nd Indian Ocean Rim Association (IORA) Energy Ministerial Meet, 2nd Global RE-Invest Meet & Expo that concluded today at the India Expo Mart in the National Capital Region. The three events were […] Read more
Decentralized Renewable Energy may hold $100bn Investment Opportunity Updated On Thu, Sep 6th, 2018 by Saurenergy DRE solutions, according to the report, should be made more prominent in the national and state energy systems of the country. A recent analysis has shown that the investment opportunities in Decentralized Renewable Energy (DRE) segment in India may have reached $100 billion. Moreover, the DRE solutions, according to the report, should be made more […] Read more
Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy Updated On Wed, Sep 5th, 2018 by Saurenergy The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […] Read more
Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020 Updated On Tue, Aug 28th, 2018 by Saurenergy In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […] Read more