Tesla makes an offer to acquire SolarCity Updated On Thu, Jun 23rd, 2016 by Saurenergy Tesla seeks to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. Last year in March the company launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. Now the company has made an offer to acquire SolarCity. The company […] Read more
CLP India, Suzlon form JV for 100MW solar project in Telangana Updated On Tue, Jun 21st, 2016 by Saurenergy CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […] Read more
Juwi, KPS partners on solar, battery and diesel hybrid system Updated On Sat, Jun 18th, 2016 by Saurenergy juwi Australia has entered into strategic partnership with KPS, a subsidiary of Pacific Energy Limited on hybrid system. The strategic alliance will focus on remote projects seeking to integrate solar and battery energy with traditional diesel or gas fueled power stations. It will bring together the capabilities, technology and resources of the two. KPS and […] Read more
Ameresco completes 18.6 MW solar facility in Frederick, Maryland Updated On Sat, Jun 18th, 2016 by Saurenergy Ameresco has announced that it has completed 18.6 megawatt (MW) direct current (15.0 MW alternating current) solar facility located at the U.S. Army Garrison Fort Detrick Army installation in Frederick, Maryland. The large-scale solar project, now operational, is comprised of 59,994 solar panels installed across 67 acres of land throughout Area B at Fort Detrick. […] Read more
Piyush Goyal launches Urja & Vidyut Pravah mobile App alongside Ujala Scheme in Goa Updated On Fri, Jun 17th, 2016 by Saurenergy Power, Coal and New and Renewable Energy Minister- Piyush Goyal on Thursday launched ‘URJA’- Urban Jyoti Abhiyaan Mobile app and Vidyut Pravah” App on the side-lines of ongoing two day Conference of Power Ministers at Cansaulim in South Goa. The URJA app developed by Power Finance Corporation on behalf of Ministry of Power for Urban […] Read more
Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA Updated On Thu, Jun 16th, 2016 by Saurenergy International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
Varanasi Municipal Corporation to install solar panel in its offices Updated On Tue, Jun 14th, 2016 by Saurenergy The Varanasi Municipal Corporation has signed a Memorandum of Understanding (MoU) with Renewable Energy Corporation of India (RECI) to install solar panels in its offices across the five zones and 14 sub-zones. Varanasi Municipal Corporation is the first municipal corporation in the state that has entered into a bilateral agreement with RECI on solar energy. […] Read more
ABB connects 648 MW solar project in Tamil Nadu to the national transmission grid Updated On Mon, Jun 13th, 2016 by Saurenergy ABB has successfully commissioned solar photovoltaic project – made up of five plants in a single location. The mammoth 648 MW solar project at Kamuthi in the southern Indian state of Tamil Nadu connected by the company to the national transmission grid is the largest of its kind in the world. Adani Group in 2015 […] Read more