US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
D. E. Shaw Renewable Investments acquires and commences Construction of 52 MW Solar Farm in Mississippi Updated On Fri, Dec 16th, 2016 by Saurenergy D.E. Shaw Renewable Investments (DESRI) has acquired the Mississippi Solar 2 project from Origis DevCo Inc. (Origis). The project is a 52 MWAC solar power facility located three miles away from the town of Sumrall in Lamar County, Mississippi. DESRI has announced that soon after the acquisition it has started construction of the project, which […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
Leading companies offer to invest Rs 1,700-cr in Haryana in the field of electronics, solar energy and beverages Updated On Wed, Dec 14th, 2016 by Saurenergy Various leading companies have offered an investment in Haryana in the field of electronics, solar energy and beverages. The offer of about Rs 1,700-crore was made by representatives of various leading companies during the one-on-one meeting held with Haryana Industries Minister Vipul Goel during the road show organized at Mumbai in run up to the […] Read more
TRC releases its top 12 predictions for the energy, utility, and oil and gas sectors for 2017 Updated On Tue, Dec 13th, 2016 by Saurenergy TRC Companies has released its top 12 predictions for the energy, utility, and oil and gas sectors for 2017, including robust funding for utility mergers and acquisitions and infrastructure upgrades as well as big shifts in power plant and pipeline construction focus. TRC CEO Chris Vincze said: “Even as oil and gas prices fluctuate and […] Read more
Bill Gates and other Top Elites commits $1 billion fund to fight climate change through energy innovation Updated On Mon, Dec 12th, 2016 by Saurenergy When President-elect Donald Trump doubled down on his doubts about climate change, Bill Gates, Jack Ma, Jeff Bezos, Vinod Khosla, John Doerr and 15 other high-profile tech heavyweights have together come forward to form a new venture firm, Breakthrough Energy Ventures and announced a $1 billion fund dedicated clean energy innovation. Though the official announcement […] Read more
NextEra Energy Resources and First Solar celebrate commissioning of Silver State South Solar Energy Center Updated On Fri, Dec 9th, 2016 by Saurenergy NextEra Energy Resources, the largest generator of renewable energy from the wind and the sun, and First Solar celebrated the commissioning of Silver State South, a 250 megawatt (MW)ac solar energy center capable of generating enough clean energy to power approximately 80,000 homes. “Nevada has plentiful sunshine, and with the Silver State South Solar Energy […] Read more
Power generation from renewable energy sources increased to 7.54%: Piyush Goyal Updated On Tue, Nov 29th, 2016 by Saurenergy Clean energy share has increased to 7.54% of the India’s total power generation during April-September this fiscal. During this time frame the total power generation of 47.62 billion units out of 631.84 billion units was from renewable energy sources said New & Renewable Energy Minister Piyush Goyal in Rajya Sabha. Goyal in a statement said […] Read more
ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
