EESL & BRPL to Launch Super-Efficient Air Conditioning Programme Updated On Sat, Feb 23rd, 2019 by Saurenergy EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […] Read more
Govt Looking to Float 5 GW Manufacturing-Linked Solar Tender Again Updated On Wed, Jan 23rd, 2019 by Saurenergy Most of the large industry players stayed away from the tender. And now, the government plans to cancel the previous bids and start fresh bidding on the project. The Government is planning to float the infamous 5 GW manufacturing-linked solar tender for a second time, after scrapping the results from the first issue. Solar Energy […] 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
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
SolarEdge to Acquire S.M.R.E. Spa Updated On Mon, Jan 7th, 2019 by Saurenergy The company has more than fifteen years of experience developing end-to-end e-mobility solutions for electric and hybrid vehicles. SolarEdge Technologies a global leader in smart energy, has announced its entry into a definitive agreement to acquire S.M.R.E Spa. SMRE provides innovative integrated powertrain technology and electronics for electric vehicles. Founded in 1999 SMRE has three […] Read more
PNM to Add 100MW of Solar in New Mexico to Serve Facebook Data Center Updated On Sat, Oct 20th, 2018 by Saurenergy PNM Resources’ (NYSE: PNM) New Mexico utility, PNM, received approval on Wednesday from the New Mexico Public Regulation Commission (NMPRC) to purchase 100 megawatts of solar generation from NM Renewable Development, LLC (NMRD) in order to continue serving the Facebook data center in New Mexico with 100 percent renewable energy. This addition supports the goal to achieve a more […] Read more
D. E. Shaw Renewable Investments Acquires Willow Springs Project from First Solar Updated On Thu, Oct 18th, 2018 by Saurenergy 100MWAC project adds to DESRI’s portfolio of PV assets First Solar, Inc. (Nasdaq: FSLR) and D. E. Shaw Renewable Investments, L.L.C. (DESRI) today announced the acquisition by a DESRI affiliate of the 100 Megawatt (MW)AC Willow Springs Solar Project in Kern County, California. Terms of the deal were not disclosed. The project, which was developed by First […] Read more
Azure Prices its Public Offering of 1.48 Cr Equity Shares at $12.50 Per Share Updated On Sat, Oct 6th, 2018 by Saurenergy As part of this offering, the company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 equity shares at the public offering price, less underwriting discounts and commissions. Azure Power Global (Azure Power) has priced its underwritten public offering of 14,800,000 equity shares (offering) at a public offering price of […] Read more
EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
