GE Power and Partners convened to discuss the country’s evolving electricity landscape Updated On Thu, May 12th, 2016 by Saurenergy GE and partners convened distinguished members from the government of India, policy leaders and industry experts to discuss the country’s evolving electricity landscape and explore pathways towards a modern, affordable, reliable and sustainable energy future. The most prominent topics of discussion were energy efficiency and digital solutions for India, which were shown to have 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
S&C Electric Company completes one of the largest energy storage systems in Ohio Updated On Mon, May 9th, 2016 by Saurenergy S&C Electric Company has completed one of the largest energy storage systems in Ohio. The 7-MW system located in Minster, Ohio, was built in partnership with Half Moon Ventures (HMV) and the local municipal utility, the Village of Minster. The project at the Minster Solar + Storage Facility was officially inaugurated on May 6 t to the residents of Minster. […] 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
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
SunEdison files voluntary petitions for reorganization under chapter 11 of the U.S Bankruptcy Code Updated On Fri, Apr 22nd, 2016 by Saurenergy SunEdison has announced that it has commenced a process to restructure its balance sheet and position the Company for the future. To facilitate this restructuring, SunEdison and certain of its domestic and international subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of New […] Read more
Firms not doing well will not impact India’s solar programmes: Piyush Goyal Updated On Wed, Apr 20th, 2016 by Saurenergy Renewable Energy Minister Piyush Goyal at an event organized by industry body CII said that some firms not doing well will not impact the programme’s success reports PTI. When asked about the debt problems faced by SunEdison, Goyal said “there are always certain cases of firms failing all over the world in every industry. There […] Read more
ABB and Solar Impulse proves clean energy future is achievable Updated On Mon, Apr 18th, 2016 by Saurenergy Solar Impulse flying halfway around the world on solar energy, has already proved that it is possible to produce a stable, 24/7 electricity supply using only renewable energy. On the ground, ABB is helping remote communities and islands like Hawaii to meet and sustain their own energy needs by incorporating renewable and clean energy technologies […] Read more
