Benefits Slashed at Vermont for Renewable Energy Program Updated On Sat, May 5th, 2018 by Saurenergy “Renewable energy is flourishing in Vermont and has reached a level of maturity where it can continue to be deployed with lower incentives,” the commission said. A United States state, Vermont has decided to reduce the financial benefits for the customers who supply surplus power to the grid and get a credit on their electric bills. […] Read more
Renewable Energy Giants Ink New Partnership Deal Updated On Thu, May 3rd, 2018 by Saurenergy With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business in coming years. A three-year partnership between Array Technologies and sPower was announced at the GTM Solar Summit in southern California. With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business […] Read more
Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study Updated On Tue, May 1st, 2018 by Saurenergy Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […] Read more
Govt Clears ‘Electrified’ Villages Definition Updated On Tue, May 1st, 2018 by Saurenergy The Ministry of Power in a statement said that, village electrification is a legacy issue which, though, mandates electrification of at least 10 percent households in a village, but does not imply restricting household electrification only to 10 percent. After government faced criticism from the opposition parties on its claim of achieving complete rural electrification, the […] Read more
Researchers Find Ways to Generate Hydrogen Fuel from Sunlight Updated On Mon, Apr 30th, 2018 by Saurenergy A new research, led by Govinder Singh Pawar, who is an Indian origin scientist at the University of Exeter in the UK, has given a ray of hope for the solar fuel. The total energy produced by sunlight in a single hour is equivalent to the mankind’s total energy consumption for one year, but the […] Read more
Viz-A-Viz with Harsh Thacker, Sr Analyst- MOVE (Moving Onwards Vehicle Electrification) Updated On Mon, Apr 30th, 2018 by Saurenergy Q. With all automobile companies helming towards Electric Vehicles, demand for energy and suitable ecosystem is the initial glitch, how is IESA working to outpace these snags? India has a significant market potential for batteries and electric vehicles. Our analysis projects the EV market potential for India would be around 77 million between now […] Read more
Diu Becomes India’s 1st Smart City to Run on 100% Renewable Energy during Daytime Updated On Tue, Apr 24th, 2018 by Saurenergy The Ministry of Housing & Urban Affairs said in a statement that until last year, Diu had been importing 73 percent of its power from Gujarat state. Diu Smart City has become the country’s first city to run completely on renewable energy during daytime setting a new benchmark for other cities to become clean and green. […] Read more
SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
