ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
Rays Power commissions 11.5 MW project in Telangana Updated On Wed, May 11th, 2016 by Saurenergy Rays Power Infra has announced the commissioning of its latest solar photovoltaic project in Telangana. The 11.5 MW solar project commenced in January this year and was completed in 3 months. Developed for Shining Sun Powers, it is one of the fastest-commissioned projects in the country. Undertaken by Rays Power Infra on turnkey basis, the […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
Airports in India to install solar power plants Updated On Mon, May 9th, 2016 by Saurenergy Civil Aviation Minister Ashok Gajapathi Raju at a program on Sunday asked all the airports across India to install solar energy units. As part of the program, 12 MW solar power units have been already installed at Kochi airport run by the Cochin International Airport Limited. Currently entire airport is operated on solar power. Addressing […] Read more
Azure Power commissions 88MW solar power plants across three states Updated On Thu, May 5th, 2016 by Saurenergy Azure Power has announced its commissioning of solar power plants in three states across the country. The projects include a 50 MW plant in Andhra Pradesh, two plants of total capacity of 28 MW plant in Punjab and a 10 MW plant in Karnataka. These plants, connected to the respective state grids, are part of […] Read more
AWS Truepower acquires the energy-related forecasting assets of MESO Updated On Thu, May 5th, 2016 by Saurenergy AWS Truepower has announced that it has acquired the energy-related forecasting assets from its long-term partner MESO, Inc. AWS Truepower collaborated with MESO Inc. for years in providing wind and solar power forecasting services to the utility and renewable energy industries around the world. With this partnership, AWS Truepower has become the top wind and […] Read more
GE signs contract with TSK to provide 220MW LV5 series 1,000-volt solar inverters Updated On Wed, May 4th, 2016 by Saurenergy GE’s Power Conversion business has signed a contract with TSK to provide 220-megawatt (MW) LV5 series 1,000-volt solar inverters and has established the possibility to expand the collaboration for future possible projects with the LV5 series solar inverters. Both the companies have been strategic partners in thermal power plant and wind businesses. With the new […] Read more
CLP likely to enter Indian solar market with purchase of 100 MW of solar power project from Suzlon Updated On Wed, May 4th, 2016 by Saurenergy CLP India is reportedly in talk with wind energy giant Suzlon to buy 100MW of PV projects. Early this year in January Suzlon made its maiden entry into the solar space winning tender for 210 MW of projects in the state of Telangana. The 210 MW of project includes one project of 100 MW, one […] Read more
U .S. and Indian solar market to grow at triple-digit rates: GTM Research Updated On Tue, May 3rd, 2016 by Saurenergy GTM Research in its recently released Q2 2016 Global Solar Demand Monitor predicts slowdown in several large markets – China, Japan and the U.K , while two other key markets – the U.S. and India will grow at triple-digit rates. The company in its report citing an 11% reduction in feed-in tariff levels and high […] Read more
