Solar Fastest Growing New Energy Source in India: Mercom Capital Group Updated On Tue, Jun 7th, 2016 by Saurenergy Global clean energy communications and research firm, Mercom Capital Group released its quarterly update on the Indian solar market on Monday, 6th June. Mercom predicts approximately 5 GW of solar installations in India for calendar year 2016. Mercom in its report states that cumulative solar installations in India crossed the 7.5 GW mark as of […] Read more
MNRE sets new capacity addition target of 16,660 MW for green energy Updated On Mon, Jun 6th, 2016 by Saurenergy The Ministry of New and Renewable Energy has set the uppermost capacity addition target of 16,660 MW for the clean power sector this fiscal. The target is close to four times the capacity target that the government set in the previous year. MNRE expects solar segment to achieve its highest-ever annual capacity in the current […] Read more
US renewables row: Government for bilateral solution Updated On Fri, Jun 3rd, 2016 by Saurenergy The Indian government has decided not to drag US to the WTO for alleged desecration of the world trade body’s norms on renewable energy as it prefers a bilateral solution, said Union Power Minister Piyush Goyal. “The US has requested for bilateral talks to which Govt. has readily agreed. The commerce ministry is in dialogue […] Read more
U.S. energy storage market grew 127% year-over-year: GTM Research Updated On Fri, Jun 3rd, 2016 by Saurenergy GTM Research and ESA released latest U.S. Energy Storage Monitor report which found that U.S. energy storage market grew 127% year-over-year, but down 84 percent from the historic fourth quarter of 2015.U.S. deployed 18.3 megawatts (21.2 megawatt-hours) of energy storage in the first quarter of 2016. The first quarter continued the trend of relatively slow […] Read more
India and US signs MoU to enhance cooperation on energy security, clean energy & climate change Updated On Fri, Jun 3rd, 2016 by Saurenergy Indian government and US signed Memorandum of Understanding ( MoU) on 2nd June, 2016, to enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement and joint initiatives for promoting sustainable growth. These activities are intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer, […] Read more
Sunvalley Solar acquires Rayco Energy Updated On Wed, Jun 1st, 2016 by Saurenergy Sunvalley Solar has announced the completion of its acquisition of Rayco Energy. Northern California based Rayco Energy is specializes in providing cost-saving and ENERGY efficient solutions, including LED lighting, Solar Thermal and Solar Electricity, to local communities and business units. The acquisition will be funded through the issuance of restricted shares of SSOL Series B […] Read more
Ministry of Power and USAID launches portal to promote Net Zero Energy Buildings Updated On Fri, May 27th, 2016 by Saurenergy Ministry of Power with United States Agency for International Development (USAID) has launched country’s first integrated web portal (www.nzeb.in) to promote and mainstream Net Zero Energy Buildings (NZEB). The portal offers complete information about Net Zero Energy Buildings – that generate as much energy as they use – as well as how to achieve near-zero […] Read more
Mississippi Power and Origis Energy inaugurates 52MW solar facility in Lamar County Updated On Mon, May 23rd, 2016 by Saurenergy Mississippi Power and Origis Energy, along with officials from the Area Development Partnership and Lamar County, held a groundbreaking ceremony for state’s largest solar facility. The USD 100 million facility will generate 52MW electricity which can power approximately 8,000 homes, said the company in a statement. Mississippi Power will receive all energy and associated renewable […] Read more
GE Energy Financial Services connects 32 MW PV mega-solar project in Okayama Prefecture, Japan Updated On Wed, May 18th, 2016 by Saurenergy GE Energy Financial Services and Virginia Solar Group have started commercial operations on its jointly owned 32-megawatt Pacifico Energy Kumenan Mega Solar Project in Okayama prefecture, Japan. As one of largest solar power plants in the prefecture, Kumenan Solar Project has been operating with enough power to meet the demands of 11,000 Japanese households since […] Read more