Jaipur Metro Rail’s Rooftop Solar Plant Project Hits Blockade Updated On Wed, Jul 26th, 2017 by Saurenergy The approval for installation of Rooftop Solar Plant was received by the Centre, but the proposal failed to take off as permission was not received from the state government. The Jaipur Metro Rail Corporation’s (JMRC) plans to make its station energy self-sufficient by installing rooftop solar plant has hit a roadblock. Under the Central government’s […] Read more
Battery Storage, Smart Grid, Efficiency Firms raise USD 1 Billion in H1 Updated On Wed, Jul 26th, 2017 by Saurenergy USD 1.03 billion was raised by battery storage, smart grid, and energy efficiency companies compared to USD 807 million in the comparable period last year. Battery storage, smart grid, and energy efficiency companies received venture capital funding worth over USD 1 billion globally in the first half of this year, says a Mercom Capital Group […] Read more
Solar Power to Get Cheaper than Electricity Grid for Residential Sector in Next Two Years Updated On Tue, Jul 25th, 2017 by Saurenergy solar energy in India has already reached ‘grid parity’ in commercial, industrial and utility sectors, and soon solar power would be achieved in residential sector as well. In the next two years, solar power will be cheaper than the electricity grid in the residential sector, says solar energy provider SunSource Energy which has successfully implemented […] Read more
Gurugram Gets Fresh Push for Solar Power, Encourages Solar Rooftop Installations Updated On Sat, Jul 22nd, 2017 by Saurenergy Though the Haryana government made installation of solar power system mandatory, still not much has been seen in the last few years. District Administration of Gurugram is now trying to give solar power a fresh push and educating people on the benefits of solar energy. The District Administration of Gurugram is planning to organize a […] Read more
University of Virginia, Dominion Energy and Coronal Energy Announce Ambitious Solar PV Project Updated On Fri, Jul 21st, 2017 by Saurenergy As part of a 25-year agreement, the University of Virginia will purchase the entire output of a proposed solar PV project. Coronal Energy will develop the project, while Dominion Energy will construct and own the installation. The University of Virginia continues to expand its portfolio of carbon-free generation and achieve key sustainability targets with another […] Read more
ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
International Finance Corporation Plans $6 Billion Investment in India Updated On Wed, Jul 19th, 2017 by Saurenergy International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […] Read more
Siemens and AES Join Forces to Create Fluence, a New Global Energy Storage Technology Company Updated On Tue, Jul 18th, 2017 by Saurenergy Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. Siemens and the AES Corporation has announced their agreement to form a new global energy storage technology and services company under the […] Read more
Mizoram to Set Up 20 Megawatt Solar Power Park Updated On Tue, Jul 18th, 2017 by Saurenergy The 20 MW solar power park will be implemented by the state power and electricity department and Zoram Energy Development Agency (ZEDA). Mizoram’s Solar Power Project Approval Committee (SPPAC) has approved the proposal for setting up of a 20 MW solar park. The project will be implemented by the state power and electricity department and […] Read more
