U.S. energy storage market grew 127% year-over-year: GTM Research Updated On Fri, Jun 3rd, 2016 by Saurenergy GTM Research and ESA released latest U.S. Energy Storage Monitor report which found that U.S. energy storage market grew 127% year-over-year, but down 84 percent from the historic fourth quarter of 2015.U.S. deployed 18.3 megawatts (21.2 megawatt-hours) of energy storage in the first quarter of 2016. The first quarter continued the trend of relatively slow […] Read more
India and US signs MoU to enhance cooperation on energy security, clean energy & climate change Updated On Fri, Jun 3rd, 2016 by Saurenergy Indian government and US signed Memorandum of Understanding ( MoU) on 2nd June, 2016, to enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement and joint initiatives for promoting sustainable growth. These activities are intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer, […] Read more
Sunvalley Solar acquires Rayco Energy Updated On Wed, Jun 1st, 2016 by Saurenergy Sunvalley Solar has announced the completion of its acquisition of Rayco Energy. Northern California based Rayco Energy is specializes in providing cost-saving and ENERGY efficient solutions, including LED lighting, Solar Thermal and Solar Electricity, to local communities and business units. The acquisition will be funded through the issuance of restricted shares of SSOL Series B […] Read more
Ministry of Power and USAID launches portal to promote Net Zero Energy Buildings Updated On Fri, May 27th, 2016 by Saurenergy Ministry of Power with United States Agency for International Development (USAID) has launched country’s first integrated web portal (www.nzeb.in) to promote and mainstream Net Zero Energy Buildings (NZEB). The portal offers complete information about Net Zero Energy Buildings – that generate as much energy as they use – as well as how to achieve near-zero […] Read more
Mississippi Power and Origis Energy inaugurates 52MW solar facility in Lamar County Updated On Mon, May 23rd, 2016 by Saurenergy Mississippi Power and Origis Energy, along with officials from the Area Development Partnership and Lamar County, held a groundbreaking ceremony for state’s largest solar facility. The USD 100 million facility will generate 52MW electricity which can power approximately 8,000 homes, said the company in a statement. Mississippi Power will receive all energy and associated renewable […] Read more
GE Energy Financial Services connects 32 MW PV mega-solar project in Okayama Prefecture, Japan Updated On Wed, May 18th, 2016 by Saurenergy GE Energy Financial Services and Virginia Solar Group have started commercial operations on its jointly owned 32-megawatt Pacifico Energy Kumenan Mega Solar Project in Okayama prefecture, Japan. As one of largest solar power plants in the prefecture, Kumenan Solar Project has been operating with enough power to meet the demands of 11,000 Japanese households since […] Read more
Government to set up a pool of capital to fund research on green energy technologies: Piyush Goyal Updated On Wed, May 11th, 2016 by Saurenergy Minister of Power, Coal and New & Renewable Energy, Piyush Goyal delivering Keynote address on Tuesday at a conference on ‘The Future of Electricity’ said “the future of electricity in India rest on the pillars of affordability, sustainability and country’s energy security.” India’s electricity consumption is going to increase fourfold from 1.1 trillion units to […] 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
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
