ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
JinkoSolar enters into a Master Purchase Agreement with CivicSolar Updated On Wed, May 11th, 2016 by Saurenergy JinkoSolar a wholly owned subsidiary of JinkoSolar Holding Co., Ltd. has entered into a Master Purchase Agreement (MPA) with a leading national full service solar distributor in U.S, the CivicSolar. Under the MPA, JinkoSolar has been selected by CivicSolar as a Preferred Module Partner and will account for 25% of CivicSolar’s module sales. CivicSolar is […] Read more
Rays Power commissions 11.5 MW project in Telangana Updated On Wed, May 11th, 2016 by Saurenergy Rays Power Infra has announced the commissioning of its latest solar photovoltaic project in Telangana. The 11.5 MW solar project commenced in January this year and was completed in 3 months. Developed for Shining Sun Powers, it is one of the fastest-commissioned projects in the country. Undertaken by Rays Power Infra on turnkey basis, the […] Read more
Duke Energy Renewables enters New Mexico with a 25-MW Caprock Solar Power Project Updated On Wed, May 11th, 2016 by Saurenergy Duke Energy Renewables has announced that the construction of 25-megawatt (MW) Caprock Solar Power Project near Tucumcari in Quay County, New Mexico has started. The project is expected to complete later this year, once completed it will generate enough energy to power about 5,000 average homes. Power from the project will be sold to Western […] Read more
Government to set up a pool of capital to fund research on green energy technologies: Piyush Goyal Updated On Wed, May 11th, 2016 by Saurenergy Minister of Power, Coal and New & Renewable Energy, Piyush Goyal delivering Keynote address on Tuesday at a conference on ‘The Future of Electricity’ said “the future of electricity in India rest on the pillars of affordability, sustainability and country’s energy security.” India’s electricity consumption is going to increase fourfold from 1.1 trillion units to […] Read more
SPI Energy enters into share purchase agreements with existing shareholders of over $57 Million Updated On Wed, May 11th, 2016 by Saurenergy SPI Energy has announced its entry into share purchase agreements (SPA) with existing shareholders and certain members of its management team, to purchase an aggregate of 75,990,000 ordinary shares of the Company at a price of USD 0.759 per Share (USD 7.59 per ADS), for a total consideration of US$57.68 million. The Shares are being […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
GreatWall Energy announces availability of the Satcon Equinox 750kW inverters with Ampt Mode Updated On Tue, May 10th, 2016 by Saurenergy China Electronics GreatWall Energy has announced the availability of the Satcon Equinox 750kW inverters with Ampt Mode. These inverters with Ampt String Optimizers lowers the total system cost and improve lifetime system performance said the company. The Equinox inverter platform comes with industrial-grade engineering and a rugged design with advanced utility-ready features. With Ampt Mode […] Read more
36 CPSUs has committed to develop 18,988 MW of Renewable Energy projects: Piyush Goyal Updated On Tue, May 10th, 2016 by Saurenergy Minister of State (IC) for Power, Coal & New and Renewable Energy, Piyush Goyal on Tuesday said while framing the Scale-up Plan for 1, 00,000 MW of Grid Connected Solar Power by the year 2022, it was envisioned that the Public Sector Undertakings will contribute around 10,000 MW of Grid Connected Solar Power. Goyal in […] Read more
