EDFR Acquires California-Based EV Charging Firm PowerFlex Updated On Thu, Sep 5th, 2019 by Saurenergy EDFR has announced that it has acquired Los Altos, California-based PowerFlex Systems, a pioneer in managed EV charging technology EDF Renewables (EDFR) has announced that it has acquired Los Altos, California-based PowerFlex Systems (PowerFlex), a pioneer in managed electric vehicle (EV) charging technology through its subsidiary EDFR North America. The investment is part of EDF Renewables’ continued […] Read more
Australia Says 2020 Clean Energy Targets Met This Year Updated On Thu, Sep 5th, 2019 by Saurenergy The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […] Read more
Engie Acquires African Off-Grid Energy Firm Mobisol Updated On Wed, Sep 4th, 2019 by Saurenergy ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […] Read more
Rays Power Infra to Invest Rs 1700 cr to Develop Solar Projects in India Updated On Tue, Sep 3rd, 2019 by Saurenergy Rays Power Infra is set to invest over Rs 1700 crore to develop & construct accumulative of 450 MW solar projects under open access regulations across India Rays Power Infra, a leading solar power company with its presence across India, is set to invest over Rs 1700 crore to develop and construct accumulative of 450 […] Read more
MSEDCL Seeks Approval for Procuring 500 MW RE With Storage to Fulfill RPO Updated On Tue, Sep 3rd, 2019 by Saurenergy MSEDCL has filed a petition with MERC for approval on procurement of 500 MW renewable energy with energy storage facility for 25 years The Maharashtra State Electricity Distribution Corporation (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval on procurement of 500 MW flexible and schedulable power from renewable energy […] Read more
US Solar Fund Acquires and Finances 128 MW Solar Plant in Utah Updated On Tue, Sep 3rd, 2019 by Saurenergy US Solar Fund has closed the acquisition and completed the financing of the 128 MW Milford Solar Project under development in Utah. Newly formed, US Solar Fund (USF) has recently announced that it has closed the acquisition and financing of 100 percent of the cash equity interests in the 128 MW Milford Solar Project under development […] Read more
Delhi’s Power Demand Continues to Grow, More so on Summer Nights Updated On Mon, Sep 2nd, 2019 by Saurenergy Delhi’s power demand this summer peaked at nights with cooling load due to the use of AC, coolers contributing to the maximum consumption of electricity The power demand in Delhi this summer peaked at night with “cooling load” due to the use of AC, coolers and fans contributing to the maximum consumption of electricity. Data from […] Read more
Bangladesh Gets $185 mn World Bank Financing for Renewable Energy Updated On Sat, Aug 31st, 2019 by Saurenergy The government of Bangladesh has signed a financing agreement with the World Bank to add about 310 MW renewable energy generation capacity The government of Bangladesh has signed a USD 185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and […] Read more
Evolution of Three Major EV Markets: China, US and India Updated On Fri, Aug 30th, 2019 by Saurenergy The world’s fastest-growing electric vehicle markets – China, India, and the US – are going through a transition and in this, they are presenting unique understanding about the challenges that come up. The Rocky Mountain Institute has published a new whitepaper that looks at the penetration of electric vehicles in these three markets and has […] Read more