Infosys generates solar energy at 2.85/kWhr, plans expansion Updated On Wed, Nov 30th, 2016 by Saurenergy The cost of solar power has dipped well below the 3-mark, if software major Infosys is any example. Infosys’ Executive Vice-President, U Ramadas Kamath said that the company has 6.6 MW of ground mounted solar capacity (and another 600 kW on the roofs) at its Hyderabad facility. The cost of generation of electricity, averaged over […] Read more
The Clock is Ticking on Tax Credits for Renewable Energy Updated On Tue, Nov 29th, 2016 by Saurenergy Tax credits for renewable technologies such as geothermal heat pumps, small wind projects and combined heat/power generation are scheduled to expire at the end of 2016 unless Congress acts this month. Doug Dougherty of GEO (Geothermal Heat Pumps), Lloyd Ritter of the Distributed Wind Energy Association and Combine Heat & Power Association head Dale Louda, […] Read more
Marathon Capital Announces FLS Energy to be Acquired by Cypress Creek Renewables Updated On Tue, Nov 29th, 2016 by Saurenergy Marathon Capital is announced to FLS Energy (“FLS” or the “Company”) is to be acquired by Cypress Creek Renewables (“Cypress Creek”). FLS is a leading owner, operator and financier of distributed generation solar projects and has developed more than 300 MWs of projects across North Carolina and other Southeastern states. In addition to managing the […] Read more
Illinois Black Chamber of Commerce Joins Growing List of Illinois Business Leaders Supporting the Future Energy Jobs Bill Updated On Thu, Nov 24th, 2016 by Saurenergy Exelon Generation and ComEd today announced that the Illinois Black Chamber of Commerce has joined the broad spectrum of Illinois business leaders and organizations that are voicing strong support for the Future Energy Jobs Bill, saying it will strengthen the economy, save and create good-paying jobs, retain Illinois’ historically low energy rates and ensure the […] Read more
14.30 GW Renewable Energy Capacity added during last two and half years: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in Rajya Sabha on Monday said that 14.30 GW of renewable energy capacity has been added during last two and half years under Grid Connected Renewable Power. 14.30 GW of renewable energy capacity added during last two and half years […] Read more
Dominion Announces Significant Expansion of Solar Energy in Virginia in Collaboration With Amazon Updated On Fri, Nov 18th, 2016 by Saurenergy Dominion has announced a major expansion of its solar alliance with Amazon Web Services (AWS), Inc., an Amazon.com company, to add 180 megawatts of solar generating capacity in five Virginia counties. Construction of the facilities will be enabled through long-term power purchase agreements between Dominion subsidiary, Dominion Energy, Inc., and an affiliate of Amazon’s cloud […] Read more
Renewable Energy Policy FiT Analysis: Installed Capacity and Targets to 2020 Updated On Fri, Nov 18th, 2016 by Saurenergy Countries worldwide are planning to promote renewable energy in one way or the other in order to reduce dependency on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers produce certain proportions of the total electricity generation from renewable energy sources. For instance, the […] Read more
House Energy Committee Votes to Advance Future Energy Jobs Bill Updated On Thu, Nov 17th, 2016 by Saurenergy Exelon Generation and ComEd today applauded the Illinois House Energy Committee’s passage of the Future Energy Jobs Bill, noting that the legislation will continue to be refined by policymakers as they move toward the close of veto session in early December. The current bill creates significant benefits for Illinois consumers, saving and creating tens of […] Read more
National Energy Partners Secures $15 Million in Financing from Forum Equity Partners Updated On Thu, Nov 17th, 2016 by Saurenergy National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […] Read more
