SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
Xcel Signs Deal for 250 MW Solar Plant at EVRAZ, Pueblo Updated On Tue, Aug 21st, 2018 by Saurenergy The Xcel Energy power plant under the long-term electricity contract will feed Rocky Mountain Steel directly and will be under the state’s net metering enactment. Aspiring to make good use of new energy, steel making and mining giant EVRAZ has signed a deal with the energy and natural gas provider, Xcel Energy for a 250 MW behind-the-meter […] Read more
Greek Island First in Mediterranean to use Renewable Energy Updated On Mon, Aug 20th, 2018 by Saurenergy The Greek Island is said to have a winter population of 400 and that of summer is around 3,000 which relies greatly on the uncertain electricity supplies. Tilos, a Greek island between Rhodes and Kos, has launched its first ever solar and wind power plant in order to reduce reliance on non-renewable energy sources. The […] Read more
Duke Energy Florida Announces New Solar Power Plant in Columbia County Updated On Wed, Aug 1st, 2018 by Saurenergy The Columbia Solar Power Plant will be built on 580 acres in Fort White (Columbia County) Fla., off of Fry Road. Duke Energy Florida has announced the location of its newest universal solar power plant, which will provide cleaner, smarter energy solutions to benefit its Florida customers. The Columbia Solar Power Plant will be built on 580 acres […] Read more
New Energy Solar to Buy 87 MW Beryl Project from First Solar Updated On Wed, Jul 25th, 2018 by Saurenergy Currently, the 87 MW Beryl Solar Project is under construction and is expected to start commercial operation in mid-2019. Sydney based New Energy Solar has inked a binding pact to acquire Beryl solar project from First Solar in Australia. The company said in a statement that, “It has entered into binding agreements to acquire the […] Read more
Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report Updated On Wed, Jun 20th, 2018 by Saurenergy “We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […] Read more
GE Power Launches New ADMS Soln to Support TPDDL’s Efforts to Modernize Delhi’s Electric Grid Updated On Wed, Jun 13th, 2018 by Saurenergy This newly launched solution will facilitate advanced monitoring, analysis and improve control and planning operations, enabling TPDDL to enhance the reliability, safety, and efficiency of Delhi’s distribution network. GE Power’s grid solutions business has launched a first-of-its-kind Advanced Distribution Management Solution (ADMS) in India in collaboration with Tata Power Delhi Distribution (TPDDL). The project has […] Read more
SMA Solar to Showcase Future Proof Energy Mgmt Platform ennexOS at SNEC 2018 Updated On Thu, May 24th, 2018 by Saurenergy The company will feature it’s cross-segment energy management platform ennexOS which connects and manages all energy producers and consumers within one system, thus optimizing system costs and preparing for future energy trading. German solar energy equipment supplier SMA Solar Technology AG (SMA) will present its new energy management solutions at SNEC 2018, held in China […] Read more
