Aditya Birla Group with Lotus Renewables to launch a $100 million Global Clean Energy Fund: Report Updated On Fri, Mar 3rd, 2017 by Saurenergy The Global Clean Energy Fund will be managed by Singapore-based Aditya Birla Sun Life Asset Management Company Pte Ltd. Aditya Birla Group is reportedly gearing up to launch a $100 million Global Clean Energy Fund with Lotus Renewables. The fund is targeted at developing countries in Asia, including India, as well as Australia. K Gowri […] Read more
Forecasting Solar Power Generation in India: A Path of Unnecessary Revisions Updated On Wed, Mar 1st, 2017 by Saurenergy To achieve 40% of total installed capacity (power generation) from renewable energy by 2030 as per India’s NDC goal, India has a target of 175 gigawatt (GW) of installed capacity from renewable energy by 2022, of which 100GW is to come from solar, 60GW from wind. Taking India as an evolving place to put […] Read more
SDG&E Unveils Largest Lithium-Ion Battery Energy Storage Facility in Partnership with AES Energy Updated On Mon, Feb 27th, 2017 by Saurenergy SDG&E’s lithium-ion battery energy storage facility will enhance regional energy reliability while maximizing renewable energy use. The 30MW storage facility is capable of storing up to 120MW hours of energy, the energy equivalent of serving 20,000 customers for four hours. SDG&E has unveiled the largest lithium-ion battery energy storage facility in partnership with AES Energy Storage. […] Read more
VELCO, IBM Announce the Creation of Utopus Insights for next generation of intelligent energy solutions Updated On Sat, Feb 25th, 2017 by Saurenergy Under an agreement between VELCO and IBM Research, IBM Research’s Smarter Energy team, as well as related intellectual property and technology, will become part of Utopus Insights Vermont Electric Power Company (VELCO) and IBM have announced the creation of Utopus Insights, Inc. Utopus Insights, based in Valhalla, NY is a new company that will strive […] Read more
Affordable Solar announces solar energy generation contract for Facebook Data Center Updated On Fri, Feb 24th, 2017 by Saurenergy PNM has awarded Affordable Solar the $37 million contract for engineering, procurement, and construction of the 30MW solar energy generation project for Facebook Data Center Affordable Solar has announced that it has been selected to build a 30 MW photovoltaic project for the Facebook Data Center in Los Lunas, NM. PNM has awarded Affordable Solar the $37 million contract for […] Read more
Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy Updated On Fri, Feb 24th, 2017 by Saurenergy The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […] Read more
India Needs Energy Efficiency By Maximising Supply Of Renewable Energy Sources: Niti Aayog Updated On Fri, Feb 24th, 2017 by Saurenergy “We’re at a time when prices of renewable energy sources like solar are falling rapidly. This will soon spread to different energy sources” Buoyed by falling solar tariffs, Niti Aayog today said India needs energy efficiency by maximising supply of renewable energy sources to help realise the goal of sustainable development for affordable and clean […] Read more
Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
Stronger Solar Energy Network for Mumbai’s Don Bosco Schools Updated On Wed, Feb 22nd, 2017 by Saurenergy Moving towards a renewable energy to reduce dependence on coal for electricity, Mumbai’s Don Bosco Schools to get solar energy system. Don Bosco Organization, which runs five schools and one college in Mumbai, plans to move towards a zero energy setup- reducing the use of coal for electricity and increasing the consumption of solar energy […] Read more
