New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI Updated On Tue, Feb 14th, 2017 by Saurenergy “The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […] Read more
The Budget Has Provided Renewed Thrust on Renewables: Piyush Goyal Updated On Sat, Feb 4th, 2017 by Saurenergy In the New & Renewable Energy Sector, Piyush Goyal informed that the Budget has affirmed target for Solar Power of additional 20,000 MW capacity during next year Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while addressing the media, said that the allocations have been increased for […] 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
Cypress Creek Renewables and TriEagle Energy Join Forces to Make Clean Energy More Accessible and Affordable in Texas Updated On Wed, Nov 16th, 2016 by Saurenergy Cypress Creek Renewables and TriEagle Energy, independent energy retailer based in Woodlands, Texas, today announced the launch of a new direct-to-consumer program that will make solar energy more accessible to thousands of Texas consumers. Through the new SunEagle program, residents in North Texas can instantly enjoy the benefits of solar energy—low, fixed rates for years and a 100% renewable energy […] Read more
Rapid increase in the share of renewables has destabilized the wholesale electricity markets: Capgemini Updated On Sat, Oct 29th, 2016 by Saurenergy Capgemini in the eighteenth edition of its annual study, the European Energy Markets Observatory (EEMO) has revealed that rapid increase in the share of renewables has destabilized the wholesale electricity markets. The report published in partnership with I4CE and Vaasa ETT states world Governments have increasingly dedicated budgets to developing renewable energy solutions and building […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
US renewables row: Government for bilateral solution Updated On Fri, Jun 3rd, 2016 by Saurenergy The Indian government has decided not to drag US to the WTO for alleged desecration of the world trade body’s norms on renewable energy as it prefers a bilateral solution, said Union Power Minister Piyush Goyal. “The US has requested for bilateral talks to which Govt. has readily agreed. The commerce ministry is in dialogue […] Read more
