UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
Google Signs First Solar Purchase Deal in Asia Updated On Wed, Jan 23rd, 2019 by Saurenergy The world’s largest corporate purchaser of renewable energy has signed a long-term agreement to purchase the output of a 10 MW solar array (part of a larger solar farm) in Tainan City, Taiwan. Google has announced that after signing on to more than 30 solar and wind projects across the Americas and Europe, it has […] Read more
Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year Updated On Wed, Jan 23rd, 2019 by Saurenergy There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […] Read more
Adani Issues RfS for Purchase of 700 MW of Solar Power Updated On Wed, Jan 23rd, 2019 by Saurenergy The last date of bid-submission is February 12, 2019, and the technical bids will open on the same day. Adani Electricity Mumbai Limited, in order to fulfill its Renewable Purchase Obligation (RPO), has issued a Request for Selection (RfS) for the procurement of power through competitive bidding from 350 MW grid-connected solar photovoltaic projects with […] Read more
CleanMax Solar Conferred “Best Solar Power Turnkey Solutions” in India Updated On Wed, Jan 23rd, 2019 by Saurenergy CFI Magazine’s Clean Energy Award recognises the highest levels of achievement in energy and environmental sustainability. CleanMax Solar, one of India’s most trusted sustainability partner for corporates, was conferred the ‘Best Solar Power Turnkey Solutions – India 2018’ award by UK based Capital Finance International (CFI) Magazine. CleanMax Solar was recognised for its pioneering efforts […] Read more
IPGCL Issues L1 Bidders List for Delhi’s 35MW Rooftop Solar Tender Updated On Tue, Jan 22nd, 2019 by Saurenergy IPGCL Notifies L1 Bidders for Part-A/B/C Resco of 35MW Rooftop Solar Tender issued for Delhi Delhi Government-owned utility firm Indraprastha Power Generation Co Ltd (IPGCL) has notified the selection of L1 bidders for the grid interactive rooftop solar PV power plant under RESCO-A, RESCO-B & RESCO-C vide RFS No.: IPGCL/RFS-EOI-2/RESCO-CAPEX/07/2018-19. According to the notification for […] Read more
CSE’s ‘State of the Renewable Energy Sector in India’ report highlights key risks to sector Updated On Tue, Jan 22nd, 2019 by Saurenergy India would fall short of the government’s target of achieving 175 GW of solar capacity by 2022, if the sector continues to be plagued by policy inconsistency, discom problems and other issues, says the CSE analysis. India would fall short of the government’s target of achieving 175 GW of solar capacity by 2022, said Centre for […] Read more
U.S. Energy Storage Market size to exceed $4 Bn by 2024 Updated On Mon, Jan 21st, 2019 by Saurenergy The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […] Read more
Solar Power to Supply Water in Hyderabad Updated On Mon, Jan 21st, 2019 by Saurenergy The board plans to set up solar power plants on the surface of reservoirs, save electricity bills that run into anything between Rs 80 crore to Rs 90 crore a month. The Hyderabad Metropolitan Water Supply and Sewage Board (HMWS&SB) is planning to supply water to its consumers using solar power. As the board looks […] Read more