Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy Updated On Tue, Jan 24th, 2017 by Saurenergy GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […] Read more
Renewable Energy and Automation Specialist Schneider Electric acquires Renewable Choice Energy Updated On Fri, Jan 20th, 2017 by Saurenergy Acquisition will provide clients with unparalleled access to new renewable energy opportunities around the globe Schneider Electric, the global specialist in energy management and automation, has announced the acquisition of Renewable Choice Energy, a leader in helping commercial, industrial, and institutional clients navigate their renewable energy purchasing options. Already recognized as one of the world’s […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Boaz Augustin, Chairman and MD of Borg Energy India Arrested For Defrauding Firms Updated On Wed, Jan 18th, 2017 by Saurenergy Borg Energy India Pvt Ltd is subsidy of Borg Inc. USA which is the largest solar power equipment manufacturing company in the world Hyderabad Police has arrested Boaz Augustin, Chairman and Managing Director of Borg Energy India Pvt Ltd for defrauding various firms to the tune of about Rs 100 crore. Cybercrime police of Detective […] Read more
Energy Storage India 2017 Brings Global Industry Leaders in Energy Storage and Micro-grids to India Updated On Mon, Jan 16th, 2017 by Saurenergy Energy Storage India Conference and Expo was held at the Nehru Convention Centre in Mumbai, organized by Customized Energy Solutions and Messe Dusseldorf India, powered by India Energy Storage Alliance. Mumbai recently hosted a specialized International Conference and Expo on Energy Storage and Microgrids with over 250 delegates and 1000+ visitors. The 4th edition of […] Read more
Altenex Revolutionizes Renewable Energy Purchasing with PowerBloks Updated On Wed, Jan 11th, 2017 by Saurenergy Altenex, an Edison Energy company, today announced the availability of PowerBloks – a first-of-its-kind renewable energy power purchase agreement (PPA) structure for commercial, industrial and institutional electricity users. PowerBloks is specifically designed to meet the needs of large and mid-size energy users by providing smaller and shorter duration renewable capacity offtake. The result is a […] Read more
Developments in the Renewable Energy Sector Updated On Wed, Jan 11th, 2017 by Saurenergy The renewable energy sector is getting stronger, and becoming a prominent component of our energy infrastructure. One reason for the increasing popularity of green energy is that is becoming cheaper to produce. Michael Liebreich, chairman of the advisory board for Bloomberg New Energy Finance (BNEF) said that recent solar and wind auctions in Mexico and […] Read more
Vibrant Gujarat Summit to fuel Renewable Rnergy MoUs of worth Rs 1 lakh crore Updated On Mon, Jan 9th, 2017 by Saurenergy Renewable Energy MoUs worth Rs 1 lakh crore to get signed in Vibrant Gujarat Global Summit 2017 After remaining quiet for some time, the renewable energy sector in Gujarat is waiting to buzz again this Vibrant Gujarat Global Summit (VGGS). This is evident from renewable energy projects worth a massive Rs 1 lakh crore of […] Read more
Global BIPV and BIOPV Market expected to reach USD 31.14 billion by 2024 Updated On Thu, Jan 5th, 2017 by Saurenergy Solar PV, BIPV and BIOPV Market Share will be reaching to SD 31.14 billion by 2024 The global Solar PV, BIPV and BIOPV market size is expected to reach USD 31.14 billion by 2024, according to a new report by Grand View Research. Rising adoption of solar energy generation by renewable sources without comprising on […] Read more