Mahindra Group Renewable Arm Looking to Sell Solar Assets Worth 160 MW Updated On Mon, Apr 22nd, 2019 by Saurenergy Mahindra Susten, the renewable energy arm of the Mahindra group, has initiated the formal process to sell a portion of its solar assets worth a combined 160 MW. The company’s renewable offerings include diversified services within the renewable energy and cleantech space, such as turnkey solar engineering, procurement, and construction (EPC) services, both utility-scale solar […] Read more
Apple Relying on China to Meet Renewable Energy Targets Updated On Mon, Apr 22nd, 2019 by Saurenergy California-based tech major, Apple is expecting more cooperation with China on clean energy as it released its 2019 Environment Report that outlines its climate change solutions ahead of Earth Day 2019 on April 22. In the “Environmental Responsibility Report”, the company has set an ambitious goal to “make products without taking from the Earth” and is dedicated to reducing its carbon dioxide […] Read more
Solar Power Can Convert India’s Energy Poverty to Energy Prosperity Updated On Sat, Apr 20th, 2019 by Saurenergy Over a period of one year, Samuday has invested close to Rs 30 crore towards establishing 14 solar mini grids, supplying power to over 900 households in 15 villages. It has also committed another Rs 3 crore to be spent every year over the next five years towards maintaining these grids. In a bid […] Read more
Duke Energy Contracts 14 Solar Projects Worth 602 MW in North Carolina Updated On Thu, Apr 18th, 2019 by Saurenergy Duke Energy will produce or purchase a total of 602 MW of renewable energy from projects under the North Carolina’s Competitive Procurement of Renewable Energy (CPRE) program. Bringing more cost-effective solar energy to the Carolinas, 14 utility-scale projects have been selected during an independently judged bidding process – part of a 2017 comprehensive renewable energy […] Read more
GE Renewable Energy to Implement Solar Plus Storage Hybrid Project in New York Updated On Thu, Apr 18th, 2019 by Saurenergy The hybrid system will be installed in upstate New York at the end of 2019 and is expected to reach commercial operation in the second quarter of 2020. GE Renewable Energy has reached an agreement with Helios Energy to deliver two energy storage systems to be integrated with solar arrays for the Lenox Solar/Energy Storage […] Read more
Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States Updated On Thu, Apr 18th, 2019 by Saurenergy The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […] Read more
Swap Kerosene Subsidies for Solar To Improve Power Supply: Report Updated On Thu, Apr 18th, 2019 by Saurenergy The Clean Energy Swap, as per the study, supports kerosene to solar swap that will reallocate finances away from kerosene, promoting cleaner lighting fuels for unelectrified or underserved consumers. An independent study by the International Institute for Sustainable Development (IISD) and The Energy and Resources Institute (TERI) shows that switching subsidies from kerosene to off-grid […] Read more
Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale Updated On Thu, Apr 18th, 2019 by Saurenergy Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […] Read more
Delhi Metro Plans to Run All Operations on Solar Energy by 2021 Updated On Wed, Apr 17th, 2019 by Saurenergy The corporation will start getting 99 MW solar energy from the 750 MW Solar Power Park in Rewa, Madhya Pradesh from May 2019. Delhi Metro Rail Corporation (DMRC) which currently meets nearly 60 percent of its electricity needs from solar energy, plans to drive up that number to meet all its energy needs from clean […] Read more
