Photovoltaic (PV) Inverter Market Size Worth $19.8bn by 2024: Global Market Insights Inc. Updated On Tue, Nov 29th, 2016 by Saurenergy Global Market Insights, Inc.Ltd. in its new report forecasts the Photovoltaic (PV) Inverter Market size to reach USD 19.87 billion by 2024. The report states that decreasing solar component cost associated with increasing adoption of clean fuel energy will drive the Photovoltaic (PV) inverter market size. Technology advancement and manufacturing improvement have positively impacted the […] Read more
Accenture and SAP aims to accelerate customer engagement platform for utilities Updated On Thu, Nov 24th, 2016 by Saurenergy Accenture has announced plans with SAP to accelerate the development of solutions, based on a digital customer engagement platform, for utility companies to engage with customers through virtually any channel, improving customer operations efficiency. Alongside simplified customer service and operations, the customer engagement platform will help enable utilities to offer customers non-commodity products and services, […] Read more
BrightSource Energy Switches from Oracle to Rimini Street for Support of Four Oracle Product Lines Updated On Wed, Nov 23rd, 2016 by Saurenergy Rimini Street, Inc., the leading global provider of independent enterprise software support services for SAP SE’s Business Suite, BusinessObjects and HANA Database software and Oracle Corporation’s Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion, Oracle Retail, Oracle Agile PLM and Oracle ATG Web Commerce software, today announced that BrightSource Energy, a global […] Read more
Goodyear’s Eagle-360 Named One of 2016’s Best Inventions by Time Magazine Updated On Wed, Nov 23rd, 2016 by Saurenergy The Goodyear Tire & Rubber Company’s Eagle-360 concept tire has been named one of Time magazine’s “Best Inventions of the Year 2016.” Each year, Time magazine’s technology editors list the year’s “best inventions that are making the world better, smarter and—in some cases—a little more fun.” This year’s list includes 25 inventions, which in addition […] Read more
New Energy Policy aims to chart the way forward to meet the Government’s bold announcements: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy The National Energy Policy (NEP) aims to chart the way forward to meet the Government’s bold announcements in the energy domain said Power, Coal, New and Renewable Energy and Mines Minister, Piyush Goyal in Rajya Sabha on Monday. Key four objectives of the new energy policy are access at affordable prices, improved energy security and […] Read more
14.30 GW Renewable Energy Capacity added during last two and half years: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in Rajya Sabha on Monday said that 14.30 GW of renewable energy capacity has been added during last two and half years under Grid Connected Renewable Power. 14.30 GW of renewable energy capacity added during last two and half years […] Read more
Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […] Read more
ABB India signs MoU with IIT Madras to develop multi village microgrid models Updated On Fri, Nov 18th, 2016 by Saurenergy As part of the UAY scheme, ABB India and IIT Madras will collaborate to develop a power management system to optimize the operation of multiple micro-grids, with and without grid connection, while managing electricity supply to villages. This system will also enable the integration of individual solar PV rooftops to a village microgrid. The government […] Read more
Renewable Energy Policy FiT Analysis: Installed Capacity and Targets to 2020 Updated On Fri, Nov 18th, 2016 by Saurenergy Countries worldwide are planning to promote renewable energy in one way or the other in order to reduce dependency on fossil fuels. Hence, mandatory renewable energy targets are being laid down by the governments to ensure that the power producers produce certain proportions of the total electricity generation from renewable energy sources. For instance, the […] Read more