Vibrant Gujarat Summit to fuel Renewable Rnergy MoUs of worth Rs 1 lakh crore Updated On Mon, Jan 9th, 2017 by Saurenergy Renewable Energy MoUs worth Rs 1 lakh crore to get signed in Vibrant Gujarat Global Summit 2017 After remaining quiet for some time, the renewable energy sector in Gujarat is waiting to buzz again this Vibrant Gujarat Global Summit (VGGS). This is evident from renewable energy projects worth a massive Rs 1 lakh crore of […] Read more
Boly Inc. Introduces BolySolar Enhancer and Doubler Technology for Renewable Energy at CES 2017 Updated On Thu, Jan 5th, 2017 by Saurenergy The patent-pending solution utilizes mirrors or reflective Fresnel lens technology to concentrate light into the focal area, which can be mounted directly to a solar panel Boly Inc. has introduced its latest patent pending renewable energy product BolySolar Enhancer and BolySolar Doubler at CES 2017. BolySolar touting it as an evolving set of solar system […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
Sammons Renewable Energy Leads $241 Million Solar Cash Equity Transaction with SolarCity Updated On Mon, Dec 26th, 2016 by Saurenergy Sammons Renewable Energy has announced that it led the equity portion of a $241 million cash equity transaction with SolarCity. Franklin Park Investments manages SRE. As part of the deal, SRE is investing in a portfolio of solar projects in 16 states, including 26,000 home residential systems and 19 commercial and industrial solar projects. The […] Read more
Blue Oak Energy with Sun Air Solar Completes 808 kWdc rooftop Solar PV System Updated On Mon, Dec 19th, 2016 by Saurenergy Blue Oak Energy and Sun Air Solar have announced the completion of a 259 kWdc rooftop solar PV system atop a facility occupied by Abbott’s diabetes care business and the Federal Aviation Administration (FAA). Located near Oakland International Airport on Bay Farm Island in San Francisco’s East Bay, a new 259 kWdc rooftop system complements […] Read more
US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
D. E. Shaw Renewable Investments acquires and commences Construction of 52 MW Solar Farm in Mississippi Updated On Fri, Dec 16th, 2016 by Saurenergy D.E. Shaw Renewable Investments (DESRI) has acquired the Mississippi Solar 2 project from Origis DevCo Inc. (Origis). The project is a 52 MWAC solar power facility located three miles away from the town of Sumrall in Lamar County, Mississippi. DESRI has announced that soon after the acquisition it has started construction of the project, which […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
TRC releases its top 12 predictions for the energy, utility, and oil and gas sectors for 2017 Updated On Tue, Dec 13th, 2016 by Saurenergy TRC Companies has released its top 12 predictions for the energy, utility, and oil and gas sectors for 2017, including robust funding for utility mergers and acquisitions and infrastructure upgrades as well as big shifts in power plant and pipeline construction focus. TRC CEO Chris Vincze said: “Even as oil and gas prices fluctuate and […] Read more