Canadian Solar Arm Sells 134 MW Solar Plant to Goldman Sachs Updated On Sat, May 18th, 2019 by Saurenergy This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MW portfolio of California solar projects that came online in 2016. Canadian Solar one of the world’s largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy has sold its equity stake in the 134 MW Mustang solar project to the Renewable Power Group […] Read more
India to Exceed Climate Compliance Commitments Under Paris Agreement Updated On Thu, May 9th, 2019 by Saurenergy A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […] Read more
Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants Updated On Wed, May 8th, 2019 by Saurenergy The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
New 3D Solar Cell Design Could Revolutionise PV Manufacturing Updated On Mon, May 6th, 2019 by Saurenergy The innovative 3D design removes many of the manufacturing process steps required by existing photovoltaics (PV) modules An innovative 3D solar-cell design with a radically different architecture that can drive down the costs of cell manufacture may define the future of renewable energy as it potentially reduces optical losses within a device, according to UK […] Read more
Home-Tech Startup Zunroof Secures $1.2 Mn Funding From Godrej Updated On Wed, May 1st, 2019 by Saurenergy Gurgaon-based smart energy solutions provider, ZunRoof has raised a fresh round of pre-Series A funding of $1.2 million from Godrej. The company plans to utilise this round of capital for expansion and further strengthen its product portfolio. According to a statement issued by the company, the funding comes at an integral time for it, as […] Read more
NTPC Floats Tender For O&M of 10 MW Solar Plant at Unchahar Facility Updated On Mon, Apr 29th, 2019 by Saurenergy The last date for bid submissions is May 10, 2019. NTPC Ltd. has issued a tender, seeking bids from eligible companies to provide Operation and Maintenance (O&M) services for its 10 MW solar PV power plant under operation at its Unchahar facility in Uttar Pradesh. The scope of work for the selected bidders will include […] Read more
Siemens Gamesa to Supply 194 MW Turbines For Canadian Wind Project Updated On Sat, Apr 27th, 2019 by Saurenergy Once installed, the SG 4.5-145 will be the most powerful turbines with the largest rotor installed in the country. Siemens Gamesa Renewable Energy has announced that it has signed a contract to supply and commission 43 SG 4.5-145 wind turbines, with flexible rating up to 4.8 MW, for a wind project in Canada with an […] Read more
Need to Look Beyond Green Bonds and Grants, to Risk Capital Updated On Tue, Apr 23rd, 2019 by Saurenergy India’s per capita consumption is at 1/3 of global standards. In effect, helping the world lower its overall energy consumption rather than increasing it. Plastic usage remains among the lowest, notwithstanding the visible pollution we see around us. There is just 4% air conditioning penetration in India. As India moves up or catches up with […] Read more