India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts Updated On Thu, May 25th, 2017 by Saurenergy “Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
Duke Energy Renewables and REC Solar complete joint micro-grid project with Schneider Electric Updated On Fri, Apr 7th, 2017 by Saurenergy Schneider Electric has completed the microgrid on the campus of its North American headquarters in Andover along with Duke Energy Renewables and REC Solar. Duke Energy Renewables has announced its first microgrid project is now operating on the Schneider Electric Boston One Campus. Schneider Electric built the microgrid on the campus of its North American […] Read more
Aditya Birla Group with Lotus Renewables to launch a $100 million Global Clean Energy Fund: Report Updated On Fri, Mar 3rd, 2017 by Saurenergy The Global Clean Energy Fund will be managed by Singapore-based Aditya Birla Sun Life Asset Management Company Pte Ltd. Aditya Birla Group is reportedly gearing up to launch a $100 million Global Clean Energy Fund with Lotus Renewables. The fund is targeted at developing countries in Asia, including India, as well as Australia. K Gowri […] Read more
ABB Commissions Denmark’s First Urban Energy Storage System to Support Renewables Updated On Thu, Mar 2nd, 2017 by Saurenergy ABB’s Lithion-ion based battery energy storage system (BESS) will be integrated with the local electricity grid in the new harbour district of Nordhavn, Copenhagen ABB has announced that it has successfully commissioned Denmark’s first urban energy storage system. ABB’s Lithion-ion based battery energy storage system (BESS) will be integrated with the local electricity grid in […] Read more
Duke Energy Renewables acquires three California solar projects from SunPower Updated On Wed, Jan 11th, 2017 by Saurenergy Duke Energy Renewables announced today it has acquired three solar power projects from SunPower Corp. totaling 55 megawatts (MW). The sites include the 20-MW Rio Bravo I, the 20-MW Rio Bravo II, and the 15-MW Wildwood Solar II solar power plants. They are located in Kern County, California, adjacent to two existing solar sites owned […] Read more
Century Holdings forms a new Green Energy team to focus on investments into renewables Updated On Fri, Dec 30th, 2016 by Saurenergy Century Holdings’ Green Energy team will focus on investments into renewables, starting with solar power Century Holdings has announced that it has formed a new Green Energy team that will focus on investments into renewables, starting with solar power. The company recently secured the SpaceX IPO, continues to support Elon Musk’s ambitions by creating the […] Read more
Marathon Capital Announces FLS Energy to be Acquired by Cypress Creek Renewables Updated On Tue, Nov 29th, 2016 by Saurenergy Marathon Capital is announced to FLS Energy (“FLS” or the “Company”) is to be acquired by Cypress Creek Renewables (“Cypress Creek”). FLS is a leading owner, operator and financier of distributed generation solar projects and has developed more than 300 MWs of projects across North Carolina and other Southeastern states. In addition to managing the […] Read more
