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
Amplus plans to Acquire Solar Power Firm Kiran Energy Updated On Wed, Jan 18th, 2017 by Saurenergy Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […] Read more
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
Cherrytree Group Announces Solar Power Investment Fund Updated On Tue, Jan 17th, 2017 by Saurenergy Cherrytree teamed with Durham, New Hampshire developer Golden Goose Renewables to create the fund, which invested in three new utility-scale solar power facilities The closing of an individual investor tax credit fund dedicated to commercial solar power generation projects was announced by Cherrytree Group, a Newton, Massachusetts tax credit advisory firm. Cherrytree teamed with Durham, […] 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
Tesla to install 70MW solar farm to power its Gigafactory in Nevada: Report Updated On Mon, Jan 16th, 2017 by Saurenergy Tesla is planning to install 70MW solar farm in a bid to reduce Gigafactory’s dependency on fossil fuel and meet the power needed by the facility Tesla is reportedly planning to power its Gigafactory in Nevada with a 70MW solar farm. Electrek citing a company investor relations document reports that the 70-megawatt solar array installation […] Read more
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] Read more
Money Invested In Renewable Energy Is Not Enough: IRENA Updated On Mon, Jan 16th, 2017 by Saurenergy Investment in renewable energy has increased dramatically in the last decade, but the rate of growth is not sufficient yet to meet the climate goals Abu Dhabi-based green energy organization, IRENA on Sunday said money invested in renewable energy is not enough to reach a climate goal of limiting global warming to 2.0 degrees Celsius. […] Read more
FPL announces completion of three new universal solar energy centers Updated On Sat, Jan 14th, 2017 by Saurenergy FPL’s universal solar energy centers are virtually silent, operate autonomously and without water. Completed on time and under budget, the three new 74.5-MW universal solar power plants officially began generating power for all FPL customers on Dec. 31, 2016 Florida Power & Light Company (FPL) has announced that it plans to build on the successful […] Read more
