ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and UAE Updated On Thu, Jun 8th, 2017 by Saurenergy The cost of renewables is well below equivalent costs for fossil fuel and nuclear generating capacity in India, Denmark, Egypt, Mexico, Peru and UAE Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and the United Arab Emirates, a global multi-stakeholder renewable energy policy network said on Wednesday. It said record […] Read more
CHANCES & CHALLENGES RELATED TO EPC Updated On Sat, May 27th, 2017 by Saurenergy As the world moves towards the sustainable development, India looks to optimize its energy mix with minimum carbon footprints. India is in the midst of a momentous leap in terms of the proposed use of solar power as part of its overall renewable energy mix. India with its 100GW of solar energy target by 2022 is […] Read more
Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
QOS Energy opens new office in India to meet the growing demand of its customer base Updated On Tue, May 23rd, 2017 by Saurenergy QOS Energy helps utilities, IPPs, O&M service providers and asset managers to maximize return on investment using powerful data-driven decision making tools (KPIs, Dashboards, and Alerts). QOS Energy has announced the opening of a new office in India to meet the growing demand of its customer base and exploit the opportunities offered by the booming […] Read more
8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline Updated On Wed, May 17th, 2017 by Saurenergy 8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […] Read more
EnSync Energy Signs PPA to Provide Electricity to Residential Development in Hawaii Updated On Fri, May 12th, 2017 by Saurenergy EnSync Energy has signed 20 years PPA solar electricity project for the Kalaeloa Makai Residential Development in Hawaii. EnSync Energy, a leading developer of innovative distributed energy resource (DER) systems and internet of energy (IOE) control platforms for the utility, commercial, industrial and multi-tenant building markets has announced the signing of a power purchase agreement […] Read more
Secret to Hit 40GW Updated On Sat, Apr 29th, 2017 by Saurenergy Government of India has rightly made rooftop solar power one of its top clean energy priorities. In 2014, the government revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022 which is helping the country to become one of the world’s fastest-growing solar markets. The 100 GW target was […] Read more
CERC Proposes Levelized Generic Tariff for Select Renewables Updated On Tue, Apr 25th, 2017 by Saurenergy Central Electricity Regulatory Commission has proposed a new levelized generic tariff for selected renewable and project specific for solar PV. The Central Electricity Regulatory Commission (CERC) has proposed a new levelized generic tariff for the purchase of electricity from small hydro projects, biomass with Rankine cycle, non-fossil fuel based co-generation, biomass gasifier and biogas based […] Read more