Power sector is focusing on distributed energy production: Piyush Goyal Updated On Tue, Oct 4th, 2016 by Saurenergy Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines addressing a media event informed that Coal India has set a target to replace about 15 million tons of imported coal with indigenous coal in the next six months. On sideline of the event he said “apart from shifting […] Read more
Aquion Energy, Azimuth Energy and Schneider Electric commission AC/DC nanogrid with solar-plus-storage Updated On Tue, Sep 20th, 2016 by Saurenergy Aquion Energy, Azimuth Energy, and Schneider Electric have together completed an AC/DC nanogrid using solar-plus-storage technology at the Illinois Institute of Technology’s (IIT) Keating Sports Center in the US. Solar EPC firm Azimuth Energy designed and installed the nanogrid. The system also uses Aspen batteries from Aqueous Hybrid-Ion batteries from Aquion Energy, and power control […] Read more
India to quadruple its investment on R&D in the Renewable Energy section in next 5 years: Piyush Goyal Updated On Thu, Sep 15th, 2016 by Saurenergy Union Minister of State for Power, Coal, New & Renewable Energy and Mines- Piyush Goyal addressing a plenary session at the 11th Sustainability Summit said that “Climate change is a global challenge and we all should fight it here, now and today.” Restating the commitment of the Government of India towards the achievement of Sustainable […] Read more
Cenergy Power announces completion of 3.1 MW photovoltaic systems at California oil field Updated On Wed, Aug 17th, 2016 by Saurenergy Cenergy Power has announced the completion of a 3.1 megawatt (MW) photovoltaic system for Seneca Resources Corporation’s North Midway Sunset oil field (Oil Field) located in Kern County, California. The project is expected to produce roughly 5.5 million kilowatt hours (kWh) annually and offset over 20% of Seneca’s total electric power costs at the Oil […] Read more
Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion Updated On Mon, Aug 1st, 2016 by Saurenergy Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […] Read more
SPI Energy signs non-binding framework agreement with GSR GO Scale Capital Updated On Tue, Jul 5th, 2016 by Saurenergy SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […] Read more
Telangana Solar Energy Policy Updated On Sat, Jun 25th, 2016 by Saurenergy Telangana Solar Energy Policy Updates 2017 In order meet the state’s rooftop solar target of 2,000 MW by 2022, the state government of Telangana will allow equated monthly instalments (EMI) base rooftop installation program for individual consumers prior being served to government employees in the state. Telangana has a vast solar potential with average insolation […] Read more
MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas Updated On Mon, Jun 13th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […] 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
