Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn Updated On Thu, Oct 11th, 2018 by Saurenergy Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
Sterling and Wilson to Strengthen Footprints in Kazakhstan; Mulls 200MW Solar Projects Updated On Thu, Oct 11th, 2018 by Saurenergy The country is working to increase the share of renewable energy in electricity generation, which is expected to reach 3 percent by 2020 and 10 percent by 2030. One of the leading solar EPC solutions providers Sterling and Wilson has planned to strengthen its footprints in Kazakhstan. The company is targeting a CPE (electrical performance […] Read more
Thomaslloyd Buys Significant Stake in SolarArise India Updated On Wed, Oct 10th, 2018 by Saurenergy Following the investment, the company will become the largest shareholder in SolarArise. ThomasLloyd has acquired a significant stake in solar project developer SolarArise India Projects (SolarArise), which currently owns and operates 130 MW of grid-connected solar power projects in India. The company’s investment is expected to support it’s expansion of its solar energy capacity by […] Read more
KDC Solar Kicks off 23.5MW PV Plant Construction in New Jersey Updated On Wed, Oct 10th, 2018 by Saurenergy After completion, this project will be the largest net metered solar installation in New Jersey. Owner, operator and developer of solar power facilities, KDC Solar has begun construction on a 23.5MW solar photovoltaic (PV) system in Jackson, New Jersey. After completion, this project will be the largest net metered solar installation in New Jersey. Also, this […] Read more
GCL-SI, Solarpro Join Hands to Build Solar Park in Hungary Updated On Wed, Oct 10th, 2018 by Saurenergy The park will produce enough electricity to supply approximately 9,000 households. GCL System Integration Technology (GCL-SI) and Solarpro Holding AD (Solarpro) has successfully delivered 21 MW Poly Perc modules for the construction of MET Dunai Solar Park one of the largest photovoltaic power plants in Hungary. The park which built on 40 hectares in Szazhalombatta, near Budapest, partially […] Read more
NLCIL, CIL to Set-up JV for 3GW Solar, 2GW Thermal Power Projects Updated On Tue, Oct 9th, 2018 by Saurenergy Also, the newly formed JV to come up on equal equity participation of 50:50 and has a timeline of 15 months for completion of solar power projects and 60 months for thermal power projects respectively. Embarking its journey towards renewable energy, public sector undertaking NLC India (NLCIL), Neyveli has signed an agreement with Coal India […] Read more
Punjab Policy on Net Metering for Grid Interactive Roof-Top Solar PV Power Plants Updated On Mon, Oct 8th, 2018 by Saurenergy Scope and Application:- (1) This Policy shall apply to the distribution licensee and consumers of distribution licensee of the State of Punjab. (2) The eligible consumer may install the rooftop solar system under net metering arrangement which; (a) shall be within the permissible rated capacity as defined under this Policy. (b) shall be located in […] Read more
RE Invest Aims to Showcase India’s Performance; Subsides Investment Updated On Mon, Oct 8th, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE)’s flagship event, RE Invest, to promote the spread of renewable energy has this time aimed at exchange of ideas between state and private players. Unlike the first RE Invest held in 2015, the second RE Invest has rather chose to showcase India’s achievements in the renewable energy sector […] Read more
