EnSync Energy, Hawai’i Pacific University to build a 310 kW solar PV system on the rooftop of Aloha Tower Marketplace Updated On Wed, Aug 2nd, 2017 by Saurenergy EnSync Energy will build a solar installation at HPU’s Aloha Tower Marketplace, a mixed-use space featuring university student residences, community spaces, restaurants and shops. EnSync Energy has announced a 20-year PPA with Hawai’i Pacific University (HPU) to build a 310-kilowatt photovoltaic (PV) system on the rooftop of the Aloha Tower Marketplace in downtown Honolulu. Under […] Read more
International Finance Corporation Plans $6 Billion Investment in India Updated On Wed, Jul 19th, 2017 by Saurenergy International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […] Read more
Siemens and AES Join Forces to Create Fluence, a New Global Energy Storage Technology Company Updated On Tue, Jul 18th, 2017 by Saurenergy Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. Siemens and the AES Corporation has announced their agreement to form a new global energy storage technology and services company under the […] Read more
Morocco Secures USD 25 Million Loan for Solar Energy Projects Updated On Thu, Jul 6th, 2017 by Saurenergy The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […] 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
Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF Updated On Mon, Jun 19th, 2017 by Saurenergy “Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […] Read more
Bihar to Invest Rs 20,000 Crore in Renewable Energy in Next Five Years Updated On Fri, Jun 16th, 2017 by Saurenergy The new Bihar renewable energy policy, 2017, paves the way for investment in clean energy and lays a foundation for lasting prosperity. Bihar is eyeing an investment of Rs 20,000 crore in the renewable energy sector in the next five years to generate over 3000 MW of clean energy. The plan is part of the […] Read more
ENEL, IMM Signs an Agreement to Creates Laboratory for the Study of Renewable Energy Technologies Updated On Tue, Jun 13th, 2017 by Saurenergy The structure, which will be located at the Enel Innovation Lab in Catania, in agreement with the Institute for Microelectronics and Microsystems (IMM) of the National Research Council, will be mainly dedicated to the development of solar cells and innovative, very-high-efficiency photovoltaic systems Enel, acting through the Enel Green Power Renewable Energy Division (EGP), has […] Read more
Largest Floating Solar Farm Reflects China’s Clean Energy Ambitions Updated On Mon, Jun 12th, 2017 by Saurenergy China’s clean energy ambitions were being reflected in the launch of the world’s largest floating solar farm. The 40-megawatt power plant has 160,000 panels resting on a lake that emerged after the collapse of a coal mine in central Anhui province. As the United States was withdrawing from the Paris climate pact, China’s clean energy […] Read more