M. Venkaiah Naidu inaugurates Rs.114 cr social infrastructure that runs on green energy Updated On Wed, Oct 5th, 2016 by Saurenergy Minister of Urban Development, M. Venkaiah Naidu on Wednesday inaugurated three components of modern social infrastructure under East Kidwai Nagar General Pool Residential Accommodation (GPRA) Redevelopment Project. This new social infrastructure has been built by National Buildings Construction Corporation (NBCC) at a total cost of Rs.114 cr. The three components of GPRA project are – […] Read more
ABB to install solar based micro grid at Vadodara facility Updated On Wed, Oct 5th, 2016 by Saurenergy ABB has announced that it will install a fully integrated and standardized micro-grid at its Vadodara facility in Gujarat, India to help boost renewable energy generation while reducing dependency on fossil fuel. This micro-grid, with a rooftop photo voltaic field at the company’s biggest manufacturing location in India with around 3,000 employees, will help ensure […] Read more
IHS Markit expects global energy storage inverter shipments slated for solid growth Updated On Wed, Oct 5th, 2016 by Saurenergy As the energy storage market rises, and as prices for storage continues to fall, more than 900 MW of energy storage grid-tied inverters were shipped globally in 2015. The global energy storage inverter shipment is forecast to surge at a compound annual growth rate of 38 percent, to 4.5 GW in 2020, according to IHS […] Read more
EDF Energies Nouvelles calls off partnership with Acme Cleantech Solutions Updated On Wed, Oct 5th, 2016 by Saurenergy EDF Energies Nouvelles, a French renewable energy group has called off its collaboration with Acme Cleantech Solutions, a Gurgaon-based green technology solution provider, over differences in strategy- marking an end to its first venture into the Indian solar energy. The Paris-based state-run power major, however, remains confident about its clean energy projects in the country. […] Read more
NTPC to expand its target of setting up 10 GW of solar capacity: Report Updated On Tue, Oct 4th, 2016 by Saurenergy NTPC Ltd. is reportedly expanding its solar energy target and slowing down development of coal-based plants. According to Bloomberg, NTPC will expand its target of setting up 10 GW solar capacity. Chairman Gurdeep Singh speaking to publication said that NTPC will also support building 15GW of solar capacity by buying power from producers and selling […] Read more
Asian Development Bank to allocate 500 million dollars loan for putting up solar rooftops in India Updated On Tue, Oct 4th, 2016 by Saurenergy The Asian Development Bank (ADB) is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy. ADB will provide the financing to Punjab National Bank – one of India’s largest commercial banks – which will use the ADB funds to make loans […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
Kerala to generate 400 MW of solar power to meet the power crisis Updated On Tue, Oct 4th, 2016 by Saurenergy The State government of Kerala is planning to generate 100 MW power from hydro-electric projects in three years and start 400 MW from solar plants to overcome the power crisis in the region. Answering to the demands for grants for power in the Assembly, Power Minister Kadakampally Surendran mentioned that a course of action had […] Read more
Lithium ion Battery Market in India to Grow at CAGR 32% Till 2021: TechSci Research Updated On Tue, Oct 4th, 2016 by Saurenergy TechSci Research in its latest reports “India Lithium ion Battery Market By Type, By Application, Competition Forecast and Opportunities, 2011 – 2021”, has revealed that the market of lithium-ion battery in India will grow at a CAGR of over 32% during 2016 – 2021. Lithium-ion battery in comparison to traditional battery technologies, are competent of […] Read more
