A Path breaking Journey in Renewable Energy through last 4 years Updated On Tue, Jun 5th, 2018 by Saurenergy Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […] Read more
REC Pledges $1 Million Contribution Towards International Solar Alliance Updated On Tue, Jun 5th, 2018 by Saurenergy In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […] Read more
Prysmian and General Cable Announce Anticipated Closing Date of June 6, 2018 for Prysmian’s Acquisition of General Cable Updated On Mon, Jun 4th, 2018 by Saurenergy Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) today announced that the parties have been informed that they have obtained clearance from the Committee on Foreign Investment in the United States (CFIUS) for the proposed acquisition of General Cable by Prysmian. Such clearance was the last of the regulatory approvals sought in connection […] Read more
Price Cut in Per Unit Solar Power a Discouraging Factor Updated On Mon, Jun 4th, 2018 by Saurenergy “Coal and hydroelectricity have come cheaper, and it has become more viable for Chamundeshwari Electricity Supply Corporation (Cesc) to buy power from neighboring states than getting it from households,” Sales manager of Evervolt Solar Private Ltd Karunakaran A said. After a steep decline in the prices offered for per unit of solar power generated by households and […] Read more
Nagpur Municipal Corp Buildings, Hospitals to Go Solar by 2019 Updated On Sat, Jun 2nd, 2018 by Saurenergy The annual saving of the NMC on its Rs 100 Crore yearly bill will be at around Rs 60 lakh. Ten zones have been chosen by the civic body to execute the project for which they have would invite private agencies to take up the work. In order to use clean energy for water pumping, […] Read more
Reissue: Ultraviolette Automotive Develops India’s First Ecosystem of High Performance Electric Motorcycles and Future-Ready Energy Infrastructure Updated On Fri, Jun 1st, 2018 by Saurenergy Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility and energy infrastructure, today confirmed that it is developing India’s first ecosystem of high performance electric motorcycles and future-ready energy infrastructure to accelerate the adoption of electric vehicles across India. As part of its comprehensive EV roadmap, Ultraviolette Automotive, which recently raised Series A funding from […] Read more
8minutenergy, NV Energy to Build Largest Solar Project in Nevada Updated On Fri, Jun 1st, 2018 by Saurenergy Although there are many large projects of NV Energy, the Eagle Shadow Mountain will be the largest solar PV project ever built for the company. This is a part of its latest renewable projects which in total are over 1 GW. In the Clark County of Nevada, NV Energy has chosen 8minuteenergy to develop 300-MW […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Google Announces Project Sunroof for Solar Power in UK Updated On Thu, May 31st, 2018 by Saurenergy Along with Eon, Google has also partnered with Tetraeder, a German software firm, on the project. Project Sunroof uses machine learning to estimate how much solar potential a house has by examining the property’s features, such as its roof area and angle, and weather data, such as sun positioning. The British homeowners can now save […] Read more
