Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] 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
BESCOM to Rollout Tool for Rooftop Solar Potential Updated On Mon, Jan 21st, 2019 by Saurenergy The tool essentially shows which part of the roof is suitable, based on the colour codes. It then calculates and generates the best system design to set up solar panels. Bangalore Electricity Supply Company Ltd (Bescom) is looking to add a first-of-its-kind tool that evaluates which part of one’s rooftop can generate maximum solar energy […] 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
MNRE Issues Notification for Quality Control Order on SPV Goods Updated On Mon, Jan 21st, 2019 by Saurenergy Domestic module manufactures whose annual module production capacity is less than 50MW are exempted for BIS certification for two years. The Ministry of New & Renewable Energy (MNRE) under the BIS Act has notified the Solar Photovoltaics Systems, Devices and Components Goods Order 2017 for quality assurance in SPV Power Projects. It includes SPV modules, […] Read more
SolarReserve Names Tom Georgis as CEO Updated On Sat, Jan 19th, 2019 by Saurenergy For the past 10 years, Georgis has been an integral part of SolarReserve’s leadership team, serving as it’s Senior Vice President. Solar power projects developer SolarReserve has appointed Tom Georgis as it’s Chief Executive Officer (CEO). For the past 10 years, Georgis has been an integral part of SolarReserve’s leadership team, serving as it’s Senior Vice […] Read more
EBRD Devoted 36% to Green Financing in 2018 Updated On Sat, Jan 19th, 2019 by Saurenergy It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […] Read more
BHEL, Libcoin to Build India’s 1st Lithium Ion Battery Plant Updated On Sat, Jan 19th, 2019 by Saurenergy The government is further expecting that, this project will bring energy independence by replacing oil imports with abundant renewable. Public sector electric equipment maker Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to form a consortium to initially build 1GWh lithium ion battery plant in India, says government. The Ministry of Heavy Industries […] Read more
Waaree Installs Solar Plant at HIAL University in Leh Updated On Fri, Jan 18th, 2019 by Saurenergy HIAL is expected to save close to Rs 2 lakh per year. Waaree Energies, one of India’s leading solar PV manufacturer has unveiled its 25 kW rooftop solar project at Himalayan Institute of Alternatives (HIAL) in Leh, Ladakh. The project was completed under the company’s CSR programme and is part of its ongoing efforts to […] Read more