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
Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables Updated On Tue, Jan 22nd, 2019 by Saurenergy Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […] 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
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
Gujarat Signs 6 MoUs with Netherlands Including Wind, Solar Energy Deals Updated On Fri, Jan 18th, 2019 by Saurenergy The CM said that Gujarat has provided a large market of global companies to invest through its business-friendly policies and rapid industrial growth. Gujarat Chief Minister Vijay Rupani welcomed the representatives of Netherlands on Friday and talked of fostering ties in the field of technology to realize the Kalpsar Yojana and development of Dholera SIR. He […] Read more
Cygni Energy’s Solar Tech is Lighting Up Homes in Rural India Updated On Thu, Jan 17th, 2019 by Saurenergy Out of the 44,854 total installations planned, 30,828 have been completed so far. Solar-Direct Current (DC) Inverterless Technology, pioneered by Cygni Energy Private Limited, a startup that was incubated by the Rural Technology Business Incubator (RTBI) of IIT-Madras, is lighting up homes in remote parts of the country which are beyond the reach of electricity […] Read more
Okaya Bags Prestigious “Emerging Energy Storage Company of the Year” Award from IESA Updated On Wed, Jan 16th, 2019 by Saurenergy Okaya Power Group, a world class battery and inverter manufacturing company has received the most distinguished “Emerging Energy Storage Company of the Year” award from India Energy Storage Alliance (IESA). IESA, which is a leading body aimed at making energy storage sector in India more competitive and efficient, bestowed the esteemed award upon Okaya for […] Read more
SECI and BSES Yamuna Sign PSA for 100 MW Wind Energy Updated On Wed, Jan 16th, 2019 by Saurenergy SECI announce an agreement with BSES Yamuna for sourcing 100 MW of wind power. Delhi’s power distribution company, BSES Yamuna (BYPL) has signed an agreement with Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The country’s nodal agency for renewables announced in a tweet. A PSA of 100 MW Wind Power […] Read more