National Energy Partners Secures $15 Million in Financing from Forum Equity Partners Updated On Thu, Nov 17th, 2016 by Saurenergy National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […] Read more
Vasari Energy Doubles Solar Project Development in Arizona to 140 MW Updated On Wed, Nov 16th, 2016 by Saurenergy Vasari Energy has announces the expansion of its utility-scale solar project in Maricopa County and Gild Bend, Arizona, doubling the company’s solar generating projects within the state, and increasing capacity from 68 MW to 140 MW. The California based energy provider plans to construct and operate a solar facility on the 900 acre development site which will connect the Arizona transmission grid “The Maricopa […] Read more
ACWA Power launches new clean energy division to capitalize on the MENA market potential Updated On Fri, Nov 11th, 2016 by Saurenergy ACWA Power is all set to launch a new clean energy company to accelerate growth of its current renewable energy portfolio of 1 GW and capitalize on the rapidly growing market potential for renewable energy in emerging markets. According to UN Environment Programme (UNEP) in 2015, US$266 billion was invested globally in renewable power capacity, […] Read more
India and UK to join hands for clean energy R&D centre on solar energy Updated On Mon, Nov 7th, 2016 by Saurenergy As a part of their commitment to the Solar Alliance, India and UK will join hands to establish India-UK networked Centre on Solar Energy. While speaking at the India-UK Tech Summit, Prime Minister Narendra Modi said, “We have agreed to establish India-UK Clean Energy R&D Centre on solar energy with joint investment of 10 million […] Read more
Atul Arya, Head Energy Systems Division – Panasonic India Updated On Sat, Nov 5th, 2016 by Saurenergy “We see a lot of potential in application of energy storage across Indian Railways.” The solar storage sector has emerged as a wakeful technology wherein it is echoing solar + storage as the next big thing. Amid, government recent helm to pilot MW projects with storage, this sector is rejigging the innovation-driven companies’ stimulus. To […] Read more
Center to soon launch USD 2 billion clean energy fund to increase renewable energy capacity Updated On Fri, Nov 4th, 2016 by Saurenergy The center is reportedly gearing up to launch two billion dollar clean energy fund with NTPCL, Rural Electrification Corporation (REC) and Power Finance Corporation Ltd to support the government’s ambitious target of adding 175 GW renewable energy generation capacity by 2022. All India Radio (AIR) World Service citing a senior official said New and Renewable […] Read more
Global Renewable Energy Investment Market to Grow at a CAGR Of 5.85%: Research and Markets Updated On Wed, Oct 26th, 2016 by Saurenergy Research and Markets has released a new report named “Global Renewable Energy Investment Market 2016-2020”. As per the report the global renewable energy investment market will grow at a CAGR of 5.85% during the period 2016-2020. The research firm notes that spending on utility-scale renewable energy projects will be a key trend for market growth. […] Read more
Indian solar industry to bring bankable investment opportunities at WFES 2107 in Abu Dhabi Updated On Wed, Oct 26th, 2016 by Saurenergy India’s top notch solar power enterprises will be showcasing an unprecedented range of investment opportunities at the World Future Energy Summit (WFES) 2017 in Abu Dhabi002E This also follows the Indian government’s plans to add an additional 175 GW of renewable energy to the nation’s electricity supply by 2022. Indian solar developers will bring bankable, […] 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
