GE Ventures invests in sonnen Group Updated On Tue, Jun 7th, 2016 by Saurenergy GE Ventures invests on sonnen’s mission to form the utility of the future. sonnen Group is Europe’s one of the largest manufacturer of residential lithium storage systems and operator of Europe’s first online energy sharing platform. GE Ventures has joined sonnen’s current investors to support the continued international growth of the Group. “sonnen is helping […] Read more
Adani Green likely to partner with global major SunEdison for $2 billion solar foray: Report Updated On Mon, Jun 6th, 2016 by Saurenergy Adani Green Energy is, reportedly considering partnering with global major SunEdison for its $2 billion foray into integrated solar manufacturing. The company has considered to collaboration despite SunEdison’s recent troubles. Jayant Parimal, CEO, Adani Green Energy speaking to ET said “we are also looking at two other companies, Golden Concord Holdings ( GCL ) and […] 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
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
SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
Fourth Partner commissions 90kWp rooftop solar at the Scope Complex Updated On Tue, May 31st, 2016 by Saurenergy Fourth Partner Energy has announced the commissioning of its 90 kWp rooftop solar installation at the Scope Complex in New Delhi. U.D.Choubey, Director General, SCOPE inaugurated the facility. Scope is an apex professional organisation representing the Union government’s public enterprises. It also has some state enterprises, banks and other institutions as its members. “We are […] Read more
MNRE to introduce a policy for solar zones in June Updated On Mon, May 30th, 2016 by Saurenergy Ministry of New and Renewable Energy is gearing up to introduce a policy on solar Zone in June this year. The Solar Zone would be spread over one or more districts of a state. Joint secretary of MNRE , Tarun Kapoor speaking to PTI said “We have been working on a new policy for solar […] Read more
Delhi Solar Policy Updated On Fri, May 20th, 2016 by Saurenergy Delhi Solar Policy Updates 2017 Delhi Solar Policy 2016 released by the Delhi state government applicable for the period, 2016-2020. Promotion for investment climate enabling multiple financial models is the primary focus of the policy. With the major focus on self-owned Capital Expenditure (CAPEX) to third-party owned Renewable Energy Service Company (RESCO) models applied to […] Read more
