U.S. Energy Storage Market size to exceed $4 Bn by 2024 Updated On Mon, Jan 21st, 2019 by Saurenergy The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […] Read more
Duke Energy’s Hamilton Solar Power Plant opens in Florida, providing more carbon-free energy for Sunshine State customers Updated On Wed, Jan 9th, 2019 by Saurenergy Duke Energy today announced the completion and operation of its new 74.9-megawatt (MW) Hamilton Solar Power Plant in Jasper, Fla. The plant’s carbon-free power is enough to energize more than 20,000 homes at peak production. Across Duke Energy’s Florida service territory, the company’s 1.8 million customers — and the environment — are now benefiting from approximately 300,000 solar […] Read more
New York Sets Ambitious Energy Efficiency Targets Updated On Sat, Dec 15th, 2018 by Saurenergy The new energy efficiency target for investor-owned utilities will more than double utility energy efficiency progress by 2025. In order to Meet New York’s Clean Energy Goals, Governor Andrew M. Cuomo today announced two initiatives to dramatically increase New York’s energy efficiency and energy storage targets to combat climate change. The new energy efficiency target […] Read more
UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period Updated On Mon, Nov 19th, 2018 by Saurenergy The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
INSPIRE 2018 Concludes After Three Days of Insightful Deliberations; Showcased Four Unique & Innovative Solutions for Energy Efficient India Updated On Wed, Nov 14th, 2018 by Saurenergy The three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) concluded in New Delhi, today. Organised by Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank, the third edition of INSPIRE witnessed participation from over 300 experts and delegates […] Read more
EESL & World Bank to Organise INSPIRE 2018 for Promoting Innovation in Energy Efficiency Updated On Tue, Nov 6th, 2018 by Saurenergy Energy Efficiency Services Limited (EESL), a joint-venture of PSUs under the Ministry of Power, Government of India, and the World Bank are organising the third edition of the three-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE-2018) from 11th to 13th November in New Delhi. The three-day conference will be held in collaboration with […] Read more