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GE Renewable Energy

GE Ventures invests in sonnen Group

GE Ventures invests on sonnen’s mission to form the utility of the future. sonnen Group  is Europe’s one of the largest manufacturer of residential lithium storage systems and operator of Europe’s first online energy sharing platform. GE Ventures has joined sonnen’s current investors to support the continued international growth of the Group. “sonnen is helping […]

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Delhi aims to generate 1GW solar power by 2020

The Delhi Government on monday approved solar policy to make the national capital a solar city with installation of 1 GW solar power capacity in next five years(2020). The state government also proposed to double it to 2GW by 2025. The policyoutlines a combination of regulations, mandates, incentives, and tax breaks for the growth of […]

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MNRE sets new capacity addition target of 16,660 MW for green energy

The Ministry of New and Renewable Energy has set the uppermost capacity addition target of 16,660 MW for the clean power sector this fiscal. The target is close to four times the capacity target that the government set in the previous year. MNRE expects solar segment to achieve its highest-ever annual capacity in the current […]

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US renewables row: Government for bilateral solution

The Indian government has decided not to drag US to the WTO for alleged desecration of the world trade body’s norms on renewable energy as it prefers a bilateral solution, said Union Power Minister Piyush Goyal. “The US has requested for bilateral talks to which Govt. has readily agreed. The commerce ministry is in dialogue […]

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U.S. energy storage market grew 127% year-over-year: GTM Research

GTM Research and ESA released latest U.S. Energy Storage Monitor report which found that U.S. energy storage market grew 127% year-over-year, but down 84 percent from the historic fourth quarter of 2015.U.S. deployed 18.3 megawatts (21.2 megawatt-hours) of energy storage in the first quarter of 2016. The first quarter continued the trend of relatively slow […]

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India and US signs MoU to enhance cooperation on energy security, clean energy & climate change

Indian government and US signed Memorandum of Understanding ( MoU) on 2nd June, 2016, to enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement and joint initiatives for promoting sustainable growth. These activities are intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer, […]

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Georgia Power’s 30-MW solar facility at Fort Benning starts operation

Georgia Power, the Army Office of Energy Initiatives (OEI), General Services Administration and the Georgia Public Service Commission (PSC) marked the start of operations of a new 30 megawatt (MW) solar project at Fort Benning, near Columbus, Georgia. The facility is the first of five on-base military solar projects currently being developed by Georgia Power […]

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Sunvalley Solar acquires Rayco Energy

Sunvalley Solar has announced the completion of its acquisition of Rayco Energy. Northern California based Rayco Energy is specializes in providing cost-saving and ENERGY efficient solutions, including LED lighting, Solar Thermal and Solar Electricity, to local communities and business units. The acquisition will be funded through the issuance of restricted shares of SSOL Series B […]

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BayWa r.e. targets the South-East Asian market for expansion of its solar business

BayWa r.e. targets the South-East Asian market for expansion of its solar business. The company will manage solar projects in Thailand, Philippines, Malaysia, Indonesia and other South-East Asian countries from its offices in Singapore and Bangkok. BayWa r.e. will also tap into the market potential of this region for the benefit of its photovoltaic trade […]

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