Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
How India can Achieve Its Ambitious Renewable Energy Goals Updated On Fri, Jan 12th, 2018 by Saurenergy India is one of the countries in the world which is blessed with more than 300 days of sunshine in a year and is aggressive towards becoming a solar superpower. The country is currently in process to meet its renewable energy goals. In 2010, the country launched National Solar Mission and made an ambitious target […] Read more
Egypt’s Solar Power Gets $102M Support from World Bank Agency Updated On Thu, Jan 11th, 2018 by Saurenergy The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […] Read more
NEC Energy Solutions Commissions 50 MW of Grid Energy Storage Facilities in UK for VLC Energy Updated On Mon, Jan 8th, 2018 by Saurenergy The 50MW portfolio, which is now fully operational and includes a 40 MW facility in Glassenbury in Kent and a 10 MW installation in Cleator in Cumbria, represents the largest portfolio of utility-scale battery energy storage systems connected to the UK grid. NEC Energy Solutions (NEC ES), a wholly-owned subsidiary of NEC Corporation has announced […] Read more
Andhra Pradesh Seeks Rs 30,000 Crore Investment in Electric Vehicles Industry Updated On Fri, Dec 29th, 2017 by Saurenergy The state expects to put in place an electric vehicles policy by next month, ahead of a proposed framework by the central government. Andhra Pradesh is seeking to attract Rs 30,000 crore of investments in the electric vehicles industry through a raft of incentives that would include capital subsidies to automakers and charging-equipment manufacturers, helping […] Read more
Nestlé to Install 7MW Solar PV Rooftop at Dubai Factories Updated On Thu, Dec 28th, 2017 by Saurenergy The installation of rooftop solar PVis in accordance with Nestlé’s commitment to the RE100 initiative, a global collaborative initiative of influential businesses committed to using 100% renewable energy. Nestlé has signed agreements, witnessed by HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), with Yellow Door Energy, Dubai’s leading […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
US Announces $12 Million to Advance Early-Stage Solar Research Updated On Sat, Dec 23rd, 2017 by Saurenergy The funding for solar research will advance solar forecasting technologies in a coordinated way with partnerships between national labs, universities, and industry. The U.S. Department of Energy (DOE) announced $12 million in new funding for eight projects to advance predictive modeling capabilities for solar generation. “These models will lead to more accurate forecasts of solar […] Read more
Nepal Government to Buy Locally Produced Solar Power at Rs 7.30 Per Unit Updated On Tue, Dec 19th, 2017 by Saurenergy Nepal Electricity Authority has already decided to purchase the solar power from individual households and connect it to the national grid. The Nepal government plans to buy domestically produced solar power at Rs 7.30 per unit. Nepal Electricity Authority has already decided to purchase the solar power from individual households and connect it to the […] Read more