ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Energy Storage India 2017 Brings Global Industry Leaders in Energy Storage and Micro-grids to India Updated On Mon, Jan 16th, 2017 by Saurenergy Energy Storage India Conference and Expo was held at the Nehru Convention Centre in Mumbai, organized by Customized Energy Solutions and Messe Dusseldorf India, powered by India Energy Storage Alliance. Mumbai recently hosted a specialized International Conference and Expo on Energy Storage and Microgrids with over 250 delegates and 1000+ visitors. The 4th edition of […] Read more
Money Invested In Renewable Energy Is Not Enough: IRENA Updated On Mon, Jan 16th, 2017 by Saurenergy Investment in renewable energy has increased dramatically in the last decade, but the rate of growth is not sufficient yet to meet the climate goals Abu Dhabi-based green energy organization, IRENA on Sunday said money invested in renewable energy is not enough to reach a climate goal of limiting global warming to 2.0 degrees Celsius. […] Read more
Sun at Work in Virginia Updated On Thu, Jan 12th, 2017 by Saurenergy Nearly 235,000 solar panels, with help from the sun, are at work for Dominion Virginia Power customers now that the company has completed construction on three large-scale solar facilities in three Virginia counties – Isle of Wight, Louisa and Powhatan. At peak output, these facilities will produce 56 megawatts (MW) of emission-free generation, enough to […] Read more
Global Microgrid Market Is Estimated To Reach $35 billion by 2022 : Research and Markets Updated On Wed, Jan 11th, 2017 by Saurenergy Growing emission of toxic gases and extreme weather conditions is a major factor which drives the microgrid market. Research and Markets forecasts the global microgrid market to reach $35 billion by 2022 with CAGR of 12% during 2016-2022. Many factors such as low costs for clean energy, energy storage technologies in microgrids, the military […] Read more
Altenex Revolutionizes Renewable Energy Purchasing with PowerBloks Updated On Wed, Jan 11th, 2017 by Saurenergy Altenex, an Edison Energy company, today announced the availability of PowerBloks – a first-of-its-kind renewable energy power purchase agreement (PPA) structure for commercial, industrial and institutional electricity users. PowerBloks is specifically designed to meet the needs of large and mid-size energy users by providing smaller and shorter duration renewable capacity offtake. The result is a […] Read more
Narada Completes the 1st Commercialized Energy Storage System in China Updated On Wed, Jan 11th, 2017 by Saurenergy Energy Storage System is one of the key technologies applied to Smart Grid, Distributed Generation, Renewable Energy Integration, Micro-grid, as well as development of Electric Vehicles Narada Power Source Co., Ltd. has announced that it has successfully put into service a large-scale Energy Storage System (1st Phase: 1.5MW/12MWh), designed and constructed by for GCL Silicon. […] Read more
Developments in the Renewable Energy Sector Updated On Wed, Jan 11th, 2017 by Saurenergy The renewable energy sector is getting stronger, and becoming a prominent component of our energy infrastructure. One reason for the increasing popularity of green energy is that is becoming cheaper to produce. Michael Liebreich, chairman of the advisory board for Bloomberg New Energy Finance (BNEF) said that recent solar and wind auctions in Mexico and […] Read more
Piyush Goyal dedicates World’s Largest LED Street Lighting Programme to the Nation Updated On Tue, Jan 10th, 2017 by Saurenergy 2 lakh Street Lights replaced in the South Delhi Municipal Corporation Area; Rs. 135 crores to be saved in next 7 years Union Minister of Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday dedicated the LED based Street Lighting National Programme (SLNP) to the Nation. It is the World’s Largest Street […] Read more
