Ecotricity announces that it has acquired SunEdison UK solar business Updated On Wed, Apr 27th, 2016 by Saurenergy Ecotricity has announced that it has acquired home rooftop solar business of SunEdison. Before exiting UK, SunEdison had built a portfolio of nearly a thousand rooftop solar installations, a product known as the Energy Saver Plan. Dale Vince, Ecotricity founder, in a statement said: “This is an exciting and important step for Ecotricity. As a […] Read more
Frisky plans of France to outfit the Renewable Goal Updated On Tue, Apr 26th, 2016 by Saurenergy France is taking strategic leads to spur its renewable energy goals and also sought commitments to be the first country to issue “green bonds” encouraging green energy. Recently, French President Francois Hollande has also asserted that that the country’s oldest nuclear power plant, Fessenheim which sits near the German and Swiss borders would be closed. Also at […] Read more
Tata Power to raise share of its renewable energy output from its earlier target of 20% to 30-40% by 2025 Updated On Mon, Apr 25th, 2016 by Saurenergy Tata Power has decided to raise share of its renewable energy output from its earlier target of 20%, to 30-40% by 2025 reports PTI Currently the company has working capacity of 9,156 MW which include 693 MW of hydel, 593 MW of wind and 60 MW of solar sources. Speaking to PTI Tata Power managing […] Read more
Fortum launches Nordic countries’ biggest electricity storage pilot project Updated On Fri, Apr 22nd, 2016 by Saurenergy Fortum has announced the launch of Nordic countries’ biggest electricity storage pilot project integrating Saft’s megawatt-scale Li-ion (lithium-ion) battery energy storage technology. The company in a statement said “the objective is to research the suitability of batteries used for storing electricity to maintain a power balance in the electricity system. Additionally, the research will explore […] Read more
ICRA estimates the capacity addition in the renewable energy sector to increase to 8.8 GW in FY 2017 Updated On Thu, Apr 21st, 2016 by Saurenergy ICRA has estimated the solar capacity addition to increase to about 5.7 GW in FY2017 as against the 3.0 GW seen in FY2016 based on the tenders already floated and proposed for award of solar projects under various State and Central Government policies so far. However, ICRA in its report notes that in the wind […] Read more
Affordability, Access & Inclusiveness Driving India’s Energy Policies”: Piyush Goyal Updated On Thu, Apr 21st, 2016 by Saurenergy India is all set to become the largest energy market representing the aspirations of a billion plus people in the coming years. The growth story of the country is more significant in view of the global scenario when most developed economies are witnessing a declining trend in their energy demand. Power, Coal and New and […] Read more
Suzlon acquires five solar companies to implement various renewable energy projects Updated On Wed, Apr 20th, 2016 by Saurenergy Suzlon Energy Ltd on Tuesday announced that it has acquired five solar energy companies for an undisclosed sum to help implement various renewable energy projects across the country. The firm informed BSE in a regulatory filing that it has acquired Gale Solarfarms, Tornado Solarfarms, Abha Solarfarms, Aalok Solarfarms and Shreyas Solarfarms to implement various renewable […] Read more
Suzlon installs solar powered street lights in Tamil Nadu Updated On Wed, Apr 20th, 2016 by Saurenergy As part of the zero darkness initiative Suzlon Foundation with Association for Integrated Rural Development (AIRD) has installed two solar street lights in each village, Ottanatham and Sangampatti, in Tuticurin district, Tamil Nadu. . The lights were installed in common places where there was complete darkness. The objective of the activity was to promote green […] Read more
Quercus and Swiss Life Asset Managers acquires Antin Solar Investments and its Solar Photovoltaic Asset Portfolio Updated On Tue, Apr 19th, 2016 by Saurenergy Quercus Assets Selection and Swiss Life Asset Managers have announced the successful completion of deal to acquire Antin Solar Investments (ASI) and its 77.1 MW Solar Photovoltaic Asset Portfolio in 50:50 joint ventures. ASI now operates as Azienda Solare Italiana Spa. Last year on December 18, the joint venture called Quercus Swiss Life Italian Solar […] Read more