ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
Duke Energy Renewables enters New Mexico with a 25-MW Caprock Solar Power Project Updated On Wed, May 11th, 2016 by Saurenergy Duke Energy Renewables has announced that the construction of 25-megawatt (MW) Caprock Solar Power Project near Tucumcari in Quay County, New Mexico has started. The project is expected to complete later this year, once completed it will generate enough energy to power about 5,000 average homes. Power from the project will be sold to Western […] Read more
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
36 CPSUs has committed to develop 18,988 MW of Renewable Energy projects: Piyush Goyal Updated On Tue, May 10th, 2016 by Saurenergy Minister of State (IC) for Power, Coal & New and Renewable Energy, Piyush Goyal on Tuesday said while framing the Scale-up Plan for 1, 00,000 MW of Grid Connected Solar Power by the year 2022, it was envisioned that the Public Sector Undertakings will contribute around 10,000 MW of Grid Connected Solar Power. Goyal in […] Read more
Construction Machinery Giant – Caterpillar forays into the Solar Storage and Microgrid Business Updated On Tue, May 10th, 2016 by Saurenergy Caterpillar – a known name in construction machinery and generators has forayed into the storage and microgrid markets which combine solar PV and energy storage with the company’s power generation equipment. Bringing along a years of experience in power generation –both in provider of generators and power projects, the company has acceptably sneaked into the […] Read more
MNRE to launch a Renewable Energy mobile apps for solar and wind power bids and projects: Piyush Goyal Updated On Thu, May 5th, 2016 by Saurenergy Minister of State (IC) for Power, Coal and New & Renewable Energy, Piyush Goyal on Wednesday launched ‘Contract Labour Payment Management System’- a portal of Coal India Limited (CIL).Goyal also felicitated employees of his Ministries, Public Sector Undertakings and organization/Statutory bodies for their path breaking work towards lighting up India in last two years. Speaking on […] 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
GE signs contract with TSK to provide 220MW LV5 series 1,000-volt solar inverters Updated On Wed, May 4th, 2016 by Saurenergy GE’s Power Conversion business has signed a contract with TSK to provide 220-megawatt (MW) LV5 series 1,000-volt solar inverters and has established the possibility to expand the collaboration for future possible projects with the LV5 series solar inverters. Both the companies have been strategic partners in thermal power plant and wind businesses. With the new […] Read more
