Siemens and AES Join Forces to Create Fluence, a New Global Energy Storage Technology Company Updated On Tue, Jul 18th, 2017 by Saurenergy Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. Siemens and the AES Corporation has announced their agreement to form a new global energy storage technology and services company under the […] Read more
8minutenergy and Capital Dynamics Announce 328 MW Mount Signal 3 Solar Project Updated On Wed, Jul 12th, 2017 by Saurenergy Third phase of Mount Signal Solar Farm, among the largest PV projects worldwide, will be developed by 8minutenergy and owned by Capital Dynamics. 8minutenergy Renewables, the largest independent solar power developer in the U.S., and global private asset manager Capital Dynamics, has announced the acquisition and development of the 328 megawatt-DC Mount Signal 3 (“MS3”) […] Read more
Delta Launches Innovative Outdoor Energy Storage System Cabinet Updated On Wed, Jul 12th, 2017 by Saurenergy This new Outdoor Energy Storage System Cabinet joins the company’s already comprehensive portfolio of renewable power conversion and energy storage technologies for the commercial and industrial applications. Delta Group, a global leader in power and thermal management solutions has launched its Outdoor Energy Storage System (ESS) Cabinet, expanding its extensive line of energy storage solutions. […] Read more
India Remains Committed to Climate Change as Per Own Values and Requirements: G20 Summit Updated On Mon, Jul 10th, 2017 by Saurenergy India to be committed to issues of climate change as per its own values and requirements, though will need some more time to process entirely to clean fuel. India has said that it remains committed on the issue of climate change “as per its own values and requirements”; days after the US announced its decision […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Philips Lighting secures renewable energy certificates in the Gulf region Updated On Wed, Jul 5th, 2017 by Saurenergy Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […] Read more
Piyush Goyal launches POSOCO-IMD Weather Portal and Web Portal ‘MERIT’ Updated On Sat, Jun 24th, 2017 by Saurenergy The information available on the POSOCO-IMD Weather Portal regarding weather forecast shall help State Discoms to take pro-active steps regarding short term and medium term management processes and supply planning requirements and also for better planning for infrastructure availability to ensure cost effective and reliable supply. Power, Coal, New & Renewable Energy and Mines Minister […] Read more
Over 3 Lakh workers will be employed by 2022 to achieve India’s solar and wind energy targets Updated On Thu, Jun 22nd, 2017 by Saurenergy Solar and wind energy employed more than 21,000 people in India in 2016-2017, and are expected to employ an estimated 25,000 people or more in the following year A recent report from Council on Energy, Environment and Water (CEEW) and Natural Resources Defence Council (NRDC) notes that over 300,000 workers will be employed in the […] Read more
Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF Updated On Mon, Jun 19th, 2017 by Saurenergy “Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […] Read more
