Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
Draft Regulations For Tariff of Distributed Solar Projects in Chhattisgarh Updated On Fri, Jun 14th, 2019 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC)has issued its draft regulations for Grid Interactive Distributed Renewable Energy Sources 2019. The Government of India has set an ambitious target to achieve 40 GW of cumulative installed capacity from grid-connected rooftop Photovoltaic (GRPV) systems by 2022. And in order to achieve that target, the center has partnered […] Read more
IEEFA Paper on Post-Election, India Must Formalise Energy Reforms Already Long Deliberated Updated On Thu, Jun 13th, 2019 by Saurenergy Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to generate 275 gigawatts (GW) from renewable energy sources by 2027. This new paper by IEEFA, “Post-election, India must formalise energy reforms already long deliberated” provides […] Read more
IRENA Report on Water Use in India’s Power Generation Updated On Thu, Jun 13th, 2019 by Saurenergy This study analyses the prospective impact of renewable energy deployment, along with recently mandated changes to power plant cooling systems, on water use in India’s electricity sector. Looking at the expected freshwater intensity of non-hydro power generation under different scenarios, the analysis aims to quantify the impact of India’s energy transition on freshwater use. The […] Read more
WB Grant For China RE and Battery Storage Promotion Project Updated On Thu, Jun 13th, 2019 by Saurenergy The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […] Read more
RfP For Consultants To Develop Floating Solar Plants in Arabian Gulf Updated On Thu, Jun 13th, 2019 by Saurenergy DEWA has issued an RfP for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. The Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RfP) for appointing consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf. The RfP has been […] Read more
Wind Energy Expansion in Vietnam, 1 GW Expected to be Installed by 2021 Updated On Wed, Jun 12th, 2019 by Saurenergy Vietnam has one of the highest potentials in the region for both onshore and offshore wind energy, with 1GW expected to be installed by 2021 The Global Wind Energy Council (GWEC) is hosting its annual Vietnam Wind Power Conference, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for […] Read more
CPWD To Install ‘Solar Trees’ in Central Govt Residential Complexes Updated On Mon, Jun 10th, 2019 by Saurenergy The Central Public Works Department (CPWD) has directed its officials to explore the possibility of installing “solar trees” in residential complexes of government employees. The move intends to promote renewable energy and reduce carbon footprint by the CPWD, the prime construction agency of the central government. According to an official, the concept of “solar trees” […] Read more
