Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan Updated On Mon, Nov 21st, 2016 by Saurenergy Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […] Read more
Amazon Web Services Brings Five New Solar Farms To Help Power Its Massive Cloud Data Center Updated On Sat, Nov 19th, 2016 by Saurenergy Amazon Web Services is bringing on five new solar farms to help it run its cloud data center. The new solar farms across Virginia will bring a total of 180 megawatts (MW) of renewable energy capacity onto the grid before the end of next year. New facilities along with the company’s existing plant are expected […] Read more
Punj Lloyd signs a deal with India Power Green Utility for 30 MW solar project in Uttarakhand Updated On Sat, Nov 19th, 2016 by Saurenergy Punj Lloyd Infrastructure (PLIL) has signed an agreement with India Power Green Utility (IPGUPL) to co-develop 30 MW of solar assets in Uttarakhand, in respect of three solar power projects. With this pact, Punj Lloyd shares got a 3% intraday boost on agreement for development of solar assets in Uttarakhand. The stock was quoting at […] Read more
ABB India signs MoU with IIT Madras to develop multi village microgrid models Updated On Fri, Nov 18th, 2016 by Saurenergy As part of the UAY scheme, ABB India and IIT Madras will collaborate to develop a power management system to optimize the operation of multiple micro-grids, with and without grid connection, while managing electricity supply to villages. This system will also enable the integration of individual solar PV rooftops to a village microgrid. The government […] Read more
PGCIL Seeks US$ 1,000 Million Loan from ADB for Green Energy Corridor Updated On Fri, Nov 18th, 2016 by Saurenergy Power Grid Corporation of India Limited (PGCIL) has sought a loan of US$ 1,000 million for green energy corridor from the Asian Development Bank (ADB). The USD 1,000 million loan comprises Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million said Piyush Goyal, Minister of State (IC) for Power, Coal, […] Read more
New York Auto Dealership Turns to Sun for Savings with Standard Solar Updated On Thu, Nov 17th, 2016 by Saurenergy Yonkers, NY-based auto dealer Smith Cairns Ford Lincoln Mazda Subaru is turning to solar to save on its energy bills. Working with leading solar energy company, Standard Solar, the dealer installed a 1,272 panel, 394 kilowatt (kW) solar photovoltaic (PV) system. In addition to the 253kW array on its rooftop, the system also features two […] Read more
Vikram Solar and Indian Institute of Engineering Science and Technology ink MoU for R&D Updated On Wed, Nov 16th, 2016 by Saurenergy Vikram Solar on Wednesday announced that it has signed Memorandum of Understanding (MoU) with the Indian Institute of Engineering Science and Technology (IIEST). The announcement was made at the Rashtrapati Bhavan in the presence of President of India, Pranab Mukherjee at a Session on Industry-Academia Collaborations with CII. The agreement includes collaboration of both the organisations for the […] Read more
