US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
Efforts & commitment of stakeholders made RE targets achievable: Piyush Goyal Updated On Wed, Jun 8th, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy at first National Workshop on Rooftop Solar Power felicitated the stakeholders. He said efforts & commitment of all stakeholders made Renewable Energy (RE) targets achievable. During the event Goyal gave away 41 awards to the best performing Ministries/Departments, State/UT Governments, State […] Read more
Piyush Goyal Launches “SURYAMITRA” Mobile App Updated On Wed, Jun 8th, 2016 by Saurenergy Minister of State (IC) for Power, Coal and New & Renewable Energy, Piyush Goyal has launched a mobile app named “Surya Mitra” at National Workshop on Rooftop Solar Power on Tuesday. The GPS based mobile app is developed by National Institute of Solar Energy (NISE) which is an autonomous institution of Ministry of New & […] Read more
GE Ventures invests in sonnen Group Updated On Tue, Jun 7th, 2016 by Saurenergy 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 […] Read more
Adani Green likely to partner with global major SunEdison for $2 billion solar foray: Report Updated On Mon, Jun 6th, 2016 by Saurenergy Adani Green Energy is, reportedly considering partnering with global major SunEdison for its $2 billion foray into integrated solar manufacturing. The company has considered to collaboration despite SunEdison’s recent troubles. Jayant Parimal, CEO, Adani Green Energy speaking to ET said “we are also looking at two other companies, Golden Concord Holdings ( GCL ) and […] Read more
MNRE sets new capacity addition target of 16,660 MW for green energy Updated On Mon, Jun 6th, 2016 by Saurenergy 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 […] Read more
U.S. energy storage market grew 127% year-over-year: GTM Research Updated On Fri, Jun 3rd, 2016 by Saurenergy 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 […] Read more
India and US signs MoU to enhance cooperation on energy security, clean energy & climate change Updated On Fri, Jun 3rd, 2016 by Saurenergy 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, […] Read more
SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
