IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
RPO Compliance Needs To Improve Fast for India to Meet its Solar Installation Targets: Mercom Capital Updated On Wed, Mar 22nd, 2017 by Saurenergy India needs to install 90 GW of solar in five year – at a rate of 18 GW per year. Most states have specified RPO targets. However, due to the lack of enforcement of RPO regulations and the absence of penalties when obligations are not met, many of the state DISCOMs (distribution companies) are not […] Read more
India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal Updated On Tue, Mar 21st, 2017 by Saurenergy “India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […] Read more
Waaree Energies to raise $100 million: Report Updated On Thu, Mar 16th, 2017 by Saurenergy “Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […] Read more
India’s Solar Capacity Grows Over 3 Folds to 10,000 Megawatt in Three Years Updated On Tue, Mar 14th, 2017 by Saurenergy India has crossed 10 GW of Solar power capacity, which is more than 3 times increase in less than 3 years. India’s solar power generation capacity has crossed 10,000 megawatt (MW), a more than three-time jump in less than three years as government pushes for renewable energy sources to meet galloping demand. The milestone came […] Read more
Gaz Métro Acquires Standard Solar Updated On Wed, Mar 8th, 2017 by Saurenergy Investment accelerates Standard Solar’s growth and channel opportunities in distributed generation solar, energy storage markets; bolsters Gaz Métro ’s presence in the booming U.S. solar energy industry Standard Solar has announced that it has been acquired by Gaz Métro, a leading energy provider with more than US$5.8 billion in assets that is actively involved in […] Read more
NEC Energy Solutions To Build And Operate 50 MW Of Grid Energy Storage Facilities For VLC Energy in UK Updated On Tue, Mar 7th, 2017 by Saurenergy NEC Energy Solutions will provide turnkey EPC and O&M services which includes its GSS grid storage solution, installation and commissioning, and ten years of operations and maintenance services for each project. NEC Energy Solutions, Inc. has announced that it has signed a contract to build and operate a total of 50 MW of energy storage […] Read more
Amazon Launches Solar Energy Initiative on Fulfillment Center Rooftops Updated On Fri, Mar 3rd, 2017 by Saurenergy Amazon planning to deploy large-scale solar energy systems on rooftops of more than 15 fulfillment and sortation centers in the U.S. this year and is planning to deploy solar systems on 50 fulfillment and sortation centers globally by 2020. Amazon has announced a new initiative to generate clean energy by installing solar panels on its […] Read more
SDG&E Unveils Largest Lithium-Ion Battery Energy Storage Facility in Partnership with AES Energy Updated On Mon, Feb 27th, 2017 by Saurenergy SDG&E’s lithium-ion battery energy storage facility will enhance regional energy reliability while maximizing renewable energy use. The 30MW storage facility is capable of storing up to 120MW hours of energy, the energy equivalent of serving 20,000 customers for four hours. SDG&E has unveiled the largest lithium-ion battery energy storage facility in partnership with AES Energy Storage. […] Read more