Vivint Solar Secures $325 mn Credit Facility Updated On Wed, Aug 7th, 2019 by Saurenergy Vivint Solar has closed a $325 million revolving warehouse credit facility, which refinanced the aggregation credit facility that was set to mature in 2020. Vivint Solar, Inc a leading full-service residential solar provider, has announced that it has closed a $325 million revolving warehouse credit facility, which refinanced the aggregation credit facility that was set […] Read more
UP Offers 25% Rebate on Land for Setting up EV Charging Points Updated On Wed, Aug 7th, 2019 by Saurenergy The Uttar Pradesh government has decided to give a rebate of 25 percent on the market rate of land for establishing EV charging units. The Uttar Pradesh government announced its decision to give a rebate of 25 percent on the market rate of land for establishing charging units for electric vehicles (EV). The state cabinet chaired by […] Read more
Exide and Leclanche JV to Begin Li-ion Battery Manufacturing Soon Updated On Tue, Aug 6th, 2019 by Saurenergy Exide Industries is planning to start manufacturing of Li-Ion batteries from its JV plant with Leclanche in Gujarat by end of this calendar year India’s largest storage battery maker Exide Industries is planning to start manufacturing of lithium-ion (Li-Ion) batteries from its joint venture plant in Gujarat by end of this calendar year, according to a […] Read more
Shell to Generate 7500 MWh Solar Power From new Rooftop Plants Updated On Tue, Aug 6th, 2019 by Saurenergy Shell will be installing rooftop solar plants on seven of its plants in India, China, Italy, Singapore and Switzerland, which will generate 7,500 MWh of power annually. Lubricants major Shell has announced that it will be installing rooftop solar plants on the roofs of seven of its plants in India, China, Italy, Singapore and Switzerland, which […] Read more
Setting up of Renewable Projects Without PPAs: NTPC Chairman Updated On Mon, Aug 5th, 2019 by Saurenergy NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […] Read more
Global Smart Meters Total to Double by 2024 With China and India in Lead Updated On Sat, Aug 3rd, 2019 by Saurenergy According to a new report, the total number of smart meters around the world is expected to almost double over 2017 levels by 2024 A new report has revealed that the total number of smart meters around the world is expected to almost double over 2017 levels by 2024, opening up new opportunities for customer-side […] Read more
Torrent Power Issues RfS for Procurement of 300 MW Solar Power Updated On Fri, Aug 2nd, 2019 by Saurenergy Torrent Power has issued an RfS for the purchase of 300 MW power from grid-connected solar PV power projects in the state of Gujarat. Gujarat-based electricity generation, transmission and distribution company, Torrent Power (TPL) has issued a Request for Selection (RfS) for the purchase of 300 MW power through competitive bidding process followed from grid-connected […] Read more
Focus on Energy Storage: The Technologies Leading the Charge Updated On Thu, Aug 1st, 2019 by Saurenergy Lithium-Ion batteries, at various scales, dominate the energy storage conversation. But as we can see, there are many other technologies fighting for a share of the market. To read the first part of this series, click here. So just what are the options out there for storage at scale? We take a look at the […] Read more
Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon Updated On Thu, Aug 1st, 2019 by Saurenergy For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […] Read more
