GE to Sell its 130-Yr-Old Lighting Biz to Savant Systems Updated On Wed, May 27th, 2020 by Saurenergy American multinational conglomerate General Electric (GE) on Wednesday said that it has signed a definitive agreement to sell its 130-year-old Lighting business, GE Lighting, to Savant Systems, a leading player in the smart home space. However, the financial details of the transaction were not disclosed by the company. For many years the company was looking […] Read more
GE Power India Designates Mahesh Palashikar as Chairman Updated On Wed, May 27th, 2020 by Saurenergy GE Power India Ltd (GEPIL), formerly known as Alstom India, has designated Mahesh Shrikrishna Palashikar as its Additional Director and Non-Executive Chairman effective from Wednesday i.e. May 27, 2020. Palashikar succeeded Vishal Keerti Wanchoo due to his retirement on attaining the age of superannuation. The decision of Palashikar’s appointment has been taken by the Board of Directors of the company during […] Read more
Full Value of Small Scale Solar Plus Storage yet to Realised: DNV GL Updated On Wed, May 27th, 2020 by Saurenergy BTM Solar Plus Storage systems can be advantageous to many types of customers, but energy providers have not accessed their full value yet. Behind the Meter (BTM) Solar Plus Storage systems can be advantageous to many types of customers, from individual homeowners to Fortune 500 companies with large portfolios and footprints, but energy providers have […] Read more
Top 10 Solar Inverter Companies in India Updated On Fri, May 22nd, 2020 by Saurenergy With growing economic activity and growth, India’s power consumption too reached to 1,164 TWh till November 2019. That makes India the third ranked country among the top ten electricity consuming countries globally, as per IEA data. This speed of economic development was aligned with clean energy and climate goals after India signed the Paris agreement […] Read more
Siemens Gamesa to Supply Wind, Storage Hybrid Solution in Philippines Updated On Thu, May 14th, 2020 by Saurenergy Spanish wind turbine manufacturer Siemens Gamesa is set to deliver an innovative wind and storage hybrid project in the Philippines. This project is having its own significance as it will help in reducing dependence on diesel by providing stable power supply in a location with a weak link to the grid. Moreover, this hybrid project, […] Read more
CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio Updated On Tue, May 12th, 2020 by Saurenergy The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […] Read more
Inox Wind Begins Work on Phase-I of Gujarat Wind Projects Updated On Mon, May 11th, 2020 by Saurenergy Inox Wind has started work on the 126 MW phase-I of its 250-megawatt wind power projects in Gujarat following the receipt of certain advances. Inox Wind has announced that it has started work on the 126 MW phase-I of its 250-megawatt wind power projects in Gujarat following the receipt of certain advances. The first phase of the […] Read more
Carbon Neutrality in Mobility: Is it possible? Updated On Fri, May 8th, 2020 by Saurenergy India is the third-largest emitter of greenhouse gases (GHGs) in the world after China and the US. To move towards carbon neutrality, being energy efficient is crucial. Economic growth is propelled by rapid urbanization and industrialization and manufacturing accounts for around onethird of global carbon dioxide emissions. Carbon emissions have increased threefold since the ‘70s. […] Read more
kWh Analytics Closes a Solar Revenue Put with Capital Dynamics and More Updated On Fri, May 8th, 2020 by Saurenergy kWh Analytics, a solar risk management firm, has structured a ‘Solar Revenue Put’ as part of the refinancing of a 173 MW PV facility in California kWh Analytics, a market leader in solar risk management, has announced that it has structured a ‘Solar Revenue Put’ as part of the refinancing of the 173 MW DC […] Read more
