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
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
S&C Electric Company completes one of the largest energy storage systems in Ohio Updated On Mon, May 9th, 2016 by Saurenergy S&C Electric Company has completed one of the largest energy storage systems in Ohio. The 7-MW system located in Minster, Ohio, was built in partnership with Half Moon Ventures (HMV) and the local municipal utility, the Village of Minster. The project at the Minster Solar + Storage Facility was officially inaugurated on May 6 t to the residents of Minster. […] Read more
AWS Truepower acquires the energy-related forecasting assets of MESO Updated On Thu, May 5th, 2016 by Saurenergy AWS Truepower has announced that it has acquired the energy-related forecasting assets from its long-term partner MESO, Inc. AWS Truepower collaborated with MESO Inc. for years in providing wind and solar power forecasting services to the utility and renewable energy industries around the world. With this partnership, AWS Truepower has become the top wind and […] Read more
CMX Renewable Energy to build 150 MW solar farm in Vietnam’s Ninh Thuan province Updated On Tue, May 3rd, 2016 by Saurenergy Canada based CMX Renewable Energy Inc. has sought for license to build a 150-megawatt solar farm in Vietnam’s Ninh Thuan province at an estimated cost of US$150 million. The report comes at a time when the Vietnamese government is encouraging larger PV market within the country. The company has announced that full facility would take […] Read more
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
First roof top solar energy unit setup by a local Sankar Rao inaugurated at Babametta, Andhra Pradesh Updated On Mon, May 2nd, 2016 by Saurenergy Collector M.M. Nayak on Sunday inaugurated first rooftop solar energy unit set up by a local Sankar Ral at Babametta, Vizianagaram, Andhra Pradesh.He congratulated Rao for his initiative and asked people to generate solar power by setting up roof top solar panels at 50 per cent government subsidy for domestic use and also sell the […] Read more
Sunverge Energy inverters meet HECO’s new solar technology standards Updated On Wed, Apr 27th, 2016 by Saurenergy Sunverge Energy has announced that its Solar Integration System (SIS) equipped with Schneider XW6848 and XW5548 inverters meets Hawaii Electric Companies’ (HECO) strict technical specifications for solar installations. The Sunverge SIS units will help electric customers in Hawaii rapidly attain reliable power from their renewable generation and storage systems while earning maximum savings under HECO’s […] Read more
Tata Power to raise share of its renewable energy output from its earlier target of 20% to 30-40% by 2025 Updated On Mon, Apr 25th, 2016 by Saurenergy Tata Power has decided to raise share of its renewable energy output from its earlier target of 20%, to 30-40% by 2025 reports PTI Currently the company has working capacity of 9,156 MW which include 693 MW of hydel, 593 MW of wind and 60 MW of solar sources. Speaking to PTI Tata Power managing […] Read more
