Encourage Members to Increase Renewables in Energy Mix: R K Singh to IEA Updated On Thu, Oct 26th, 2017 by Saurenergy The four main areas of focus of IEA will be energy security, economic development, environmental awareness and engagement worldwide. The International Energy Agency (IEA) should encourage its member countries to increase share of renewables in their energy baskets, Power Minister R K Singh told the press. “IEA should encourage all its member countries to increase […] Read more
Coupling Energy Storage and Renewables Updated On Sat, Oct 21st, 2017 by Saurenergy Intelligent energy storage integrates Internet of Things (IoT) technology with energy storage technology to increase its effectiveness and efficiency. One of the benefits it offers is increasing the feasibility and utility of integrating renewable energy with energy storage. This leads to numerous energy saving benefits that can be especially attractive to businesses as they pursue […] Read more
Adobe Bengaluru Campus fulfills 100% of its Power Demand Through Renewable Energy, Signs 2.5 MW Grid-Scale PPA with CleanMax Solar Updated On Mon, Sep 18th, 2017 by Saurenergy Adobe has signed a 2.5 MW grid-scale solar power purchase agreement (PPA) with CleanMax Solar to operate off-site solar farms located in the Tumkur and Bellary districts of Karnataka. Adobe India today announced that its Bengaluru campus has become among the first in the state of Karnataka to meet 100 percent of its power consumption […] Read more
Marathon Capital Advises Heelstone Energy on the Sale of a 194MW Solar Portfolio to Sammons Renewable Energy Updated On Tue, Aug 22nd, 2017 by Saurenergy Heelstone Energy will continue to provide asset and operations management services to Sammons Renewable Energy for the entire portfolio. Marathon Capital, LLC has announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings, LLC (“Heelstone”) to Sammons Renewable Energy (“SRE”). Heelstone, headquartered in Chapel Hill, North Carolina, is a leading […] Read more
Cabinet apprised of the MoU between India and Spain on cooperation in renewable energy Updated On Thu, Aug 17th, 2017 by Saurenergy India and Spain aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity The Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable […] Read more
Sempra Renewables Acquires 200 MWac/ 281 MWp Solar Project from Recurrent Energy Updated On Tue, Aug 8th, 2017 by Saurenergy The Tranquillity facility was completed by Recurrent Energy in late 2016 and is majority-owned by a subsidiary of Southern Power. Recurrent Energy, a wholly owned subsidiary of Canadian Solar has announced that Sempra Renewables LLC has acquired its 200 MWac/281 MWp Great Valley Solar project, previously called Tranquillity 8. “We are pleased to work with […] Read more
MPs ask Government to put Adequate Focus on Renewable Sources of Energy Updated On Tue, Aug 8th, 2017 by Saurenergy During a discussion on the India Institute of Petroleum and Energy Bill, 2017 in the Lok Sabha, a number of members from the Opposition parties said a majority of leading economies globally are moving towards bio-fuels and renewable sources of energy and India must take similar initiative. Opposition lawmakers has asked the government to put […] Read more
Rays Power Infra commissions 5 MW Solar PV Project for Aryavaan Renewable Energy Updated On Tue, Aug 1st, 2017 by Saurenergy The solar PV project that spreads over an area of 25 acres was executed by Rays Power on turnkey basis right from the land acquisition till the commissioning Rays Power Infra has announced that it has successfully completed a 5 MW solar PV project for Aryavaan Renewable Energy Private Ltd. The project execution work was […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
