SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
Hanwha Q CELLS receives ‘Terrawatt Diamond Award’ at SNEC 2016 Updated On Fri, May 27th, 2016 by Saurenergy Hanwha Q CELLS has received the ´Terrawatt Diamond Award` for its advanced Q.ANTUM Cell Technology at SNEC 2016 in Shanghai, China. The ´Terrawatt Diamond Award` is being awarded by the Organizing Committee of SNEC in order to honor the Top-Ten among a total of 1,500 companies for their latest and most advanced technologies. Hanwha Q […] Read more
Azure Power appoints Arno Harris as an independent director Updated On Wed, May 18th, 2016 by Saurenergy Azure Power has announced appointment of CEO and Chairman of Recurrent Energy, Arno Harris as an independent director. Arno Harris comes on board with over 15 years of experience in the solar sector and has helped the industry make the transition to mainstream energy markets. This includes his term as the Founder, CEO and Chairman of Recurrent […] Read more
SolAero Technologies acquires Vanguard Space Technologies Updated On Thu, May 12th, 2016 by Saurenergy Satellite solar power and structural solutions provider SolAero Technologies has acquired San Diego, California based aerospace structural products and assemblies provider, Vanguard Space Technologies. Vanguard has a proven history of delivering satellite structural components and assemblies for commercial, defense, and civil satellites to customers around the world. Vanguard has been acquired as a wholly-owned subsidiary […] Read more
ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
Frisky plans of France to outfit the Renewable Goal Updated On Tue, Apr 26th, 2016 by Saurenergy France is taking strategic leads to spur its renewable energy goals and also sought commitments to be the first country to issue “green bonds” encouraging green energy. Recently, French President Francois Hollande has also asserted that that the country’s oldest nuclear power plant, Fessenheim which sits near the German and Swiss borders would be closed. Also at […] Read more
Fortum launches Nordic countries’ biggest electricity storage pilot project Updated On Fri, Apr 22nd, 2016 by Saurenergy Fortum has announced the launch of Nordic countries’ biggest electricity storage pilot project integrating Saft’s megawatt-scale Li-ion (lithium-ion) battery energy storage technology. The company in a statement said “the objective is to research the suitability of batteries used for storing electricity to maintain a power balance in the electricity system. Additionally, the research will explore […] Read more
CEO of SEIA Rhone Resch stepping down after 12 years of leadership Updated On Mon, Apr 18th, 2016 by Saurenergy Rhone Resch has announced to step down as President and CEO of the Solar Energy Industries Association (SEIA) on May 31st, 2016. SEIA will name an interim leader and begin the executive search process before his departure. Chairman of SEIA’s board of directors- Nat Kreamer has expressed the association’s gratitude to Rhone for his accomplishments as […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more