VELCO, IBM Announce the Creation of Utopus Insights for next generation of intelligent energy solutions Updated On Sat, Feb 25th, 2017 by Saurenergy Under an agreement between VELCO and IBM Research, IBM Research’s Smarter Energy team, as well as related intellectual property and technology, will become part of Utopus Insights Vermont Electric Power Company (VELCO) and IBM have announced the creation of Utopus Insights, Inc. Utopus Insights, based in Valhalla, NY is a new company that will strive […] Read more
Affordable Solar announces solar energy generation contract for Facebook Data Center Updated On Fri, Feb 24th, 2017 by Saurenergy PNM has awarded Affordable Solar the $37 million contract for engineering, procurement, and construction of the 30MW solar energy generation project for Facebook Data Center Affordable Solar has announced that it has been selected to build a 30 MW photovoltaic project for the Facebook Data Center in Los Lunas, NM. PNM has awarded Affordable Solar the $37 million contract for […] Read more
Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy Updated On Fri, Feb 24th, 2017 by Saurenergy The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […] Read more
India Needs Energy Efficiency By Maximising Supply Of Renewable Energy Sources: Niti Aayog Updated On Fri, Feb 24th, 2017 by Saurenergy “We’re at a time when prices of renewable energy sources like solar are falling rapidly. This will soon spread to different energy sources” Buoyed by falling solar tariffs, Niti Aayog today said India needs energy efficiency by maximising supply of renewable energy sources to help realise the goal of sustainable development for affordable and clean […] Read more
Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
IDFC Bank Lends Rs 675 Crore for Rajasthan Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy IDFC Bank will be sanctioning Rs 675 crore for a solar power project in Rajasthan owned by French company Solairedirect. IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect. The deal could be an early sign of a revival […] Read more
NTPC commissions 115 MW capacity out of 260 MW of Bhadla Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy NTPC has planned capacity addition of about 1,000 MW through renewable resources by 2017. In this endeavour, NTPC has already commissioned 310 MW solar power projects. NTPC has announced that it has commissioned 115 MW capacity out of 260 MW of Bhadla Solar Power Project. With this, the installed capacity of NTPC’s solar power projects […] Read more
Cabinet approves enhancement of solar power capacity from 20,000 MW to 40,000 MW Updated On Thu, Feb 23rd, 2017 by Saurenergy The State Government will first nominate the Solar Power Park Developer (SPPD) and also identify the land for the proposed solar park. It will then send a proposal to MNRE for approval along with the name of the SPPD. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi has approved the […] Read more
Stronger Solar Energy Network for Mumbai’s Don Bosco Schools Updated On Wed, Feb 22nd, 2017 by Saurenergy Moving towards a renewable energy to reduce dependence on coal for electricity, Mumbai’s Don Bosco Schools to get solar energy system. Don Bosco Organization, which runs five schools and one college in Mumbai, plans to move towards a zero energy setup- reducing the use of coal for electricity and increasing the consumption of solar energy […] Read more
