NEC Energy Solutions Commissions 50 MW of Grid Energy Storage Facilities in UK for VLC Energy Updated On Mon, Jan 8th, 2018 by Saurenergy The 50MW portfolio, which is now fully operational and includes a 40 MW facility in Glassenbury in Kent and a 10 MW installation in Cleator in Cumbria, represents the largest portfolio of utility-scale battery energy storage systems connected to the UK grid. NEC Energy Solutions (NEC ES), a wholly-owned subsidiary of NEC Corporation has announced […] Read more
Andhra Pradesh Seeks Rs 30,000 Crore Investment in Electric Vehicles Industry Updated On Fri, Dec 29th, 2017 by Saurenergy The state expects to put in place an electric vehicles policy by next month, ahead of a proposed framework by the central government. Andhra Pradesh is seeking to attract Rs 30,000 crore of investments in the electric vehicles industry through a raft of incentives that would include capital subsidies to automakers and charging-equipment manufacturers, helping […] Read more
Reliance Aims To Become Big Clean Energy Provider: Ambani Updated On Tue, Dec 26th, 2017 by Saurenergy Reliance chairman said in the coming decades, the world will see a transition from fossil fuels to clean, green and renewable energy sources. India’s Reliance Industries Ltd will become a major provider of clean energy in the country, Chairman Mukesh Ambani said, as the South Asian nation transitions to renewable energy sources from fossil fuels. […] Read more
EIB Invests $150m to Fund Clean Energy Projects in Peru Updated On Fri, Dec 22nd, 2017 by Saurenergy The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […] Read more
Rays Future Energy Executes 60MW of Capacity Under Open Access In India Updated On Wed, Dec 20th, 2017 by Saurenergy Rays Future Energy will focus on the development of the private off-taker market to provide renewable energy solutions to the private off-taker market under both the distributed and open access based models over the next few years, starting with Karnataka. Rays Future Energy, a subsidiary of integrated solar power company Rays Power Infra, said it […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
Sacramento Airport Opens New Solar Energy Facility in California Updated On Tue, Dec 19th, 2017 by Saurenergy The solar project utilises more than 23,000 LG solar panels mounted on NEXTracker racking that tracks the sun from east to west over the course of the day, thereby maximising efficiency and energy generation Sacramento International Airport has formally opened a new solar energy facility which is likely to generate more than 30 percent of […] Read more
Belgian Firm Plans to Invest Rs 1,000 Crore in Renewable Energy in India Updated On Sat, Dec 16th, 2017 by Saurenergy Over the next one to two years, Belgian Firm will invest anywhere between Rs 800 – Rs1,000 crore for renewable energy venture in India. Belgian retail giant Colruyt Group is gearing up to make a big splash in the renewable energy space in India and has lined up an investment of around Rs 800-1,000 crore […] Read more
Schneider Electric Commits Generate Electricity From 100% Renewable Energy by 2030 Updated On Wed, Dec 13th, 2017 by Saurenergy The commitments are yet another step in Schneider Electric’s journey to becoming carbon neutral by 2030. Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity and is throwing light on the doubling of its energy productivity. The company strongly believes it cannot go renewable without […] Read more
