Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore Updated On Fri, Sep 1st, 2017 by Saurenergy Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […] Read more
Centre aiming to install 175 Gigawatt renewable power by 2022: Harsh Vardhan Updated On Fri, Sep 1st, 2017 by Saurenergy “The government has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far,” said Vardhan. Minister of Science & Technology, Environment, Forest and Climate Change Dr. Harsh Vardhan on Thursday said the government is aiming to install 175 GW […] Read more
ABB India bags order to install solar inverters at 750 railway stations in the country Updated On Fri, Sep 1st, 2017 by Saurenergy The 750 stations are located in the busy northern Indian part of the Indian Railways network, one of the most used railway corridors in the world. ABB India has bagged order to install solar inverters at 750 railway stations in north India to reduce dependence on traditional sources of energy. The 750 stations are located […] Read more
Navodaya Vidyalayas to tap Solar power Updated On Fri, Sep 1st, 2017 by Saurenergy Prakash Javadekar also directed that water and solar energy harvesting should form part of proposals in the new building plans and explore the possibility of having water harvesting and Bio-Gas plants in existing campuses. HRD Minister Prakash Javadekar on Thursday directed the Navodaya Vidyalaya Samiti (NVS) to take measure for adoption of solar energy […] Read more
ABB India hits 5 gigawatt mark for solar inverters Updated On Thu, Aug 31st, 2017 by Saurenergy Last year, ABB India doubled its solar inverter manufacturing capacity in India. The expansion follows earlier milestones achieved by ABB India in 2015 ABB India has announced that it has surpassed the 5 GW milestone for the supply of solar inverters in the country. From schools to airports, canal tops and mega solar plants, ABB’s […] Read more
Schneider Electric launches ‘Be a Responsible Indian’ awareness campaign Updated On Tue, Aug 29th, 2017 by Saurenergy Schneider Electric aims to inspire all the citizens of India to reduce energy wastage by optimizing its usage in cities, so that electricity could be made available to areas that are still dark or have intermittent access to power, especially under-developed areas that are far from the grid. Schneider Electric has launched an awareness […] Read more
MNRE, GIZ Signs Agreement to Improve Framework Conditions for Grid Integration of Renewable Energies Updated On Tue, Aug 29th, 2017 by Saurenergy Wolfgang Hannig, Country Director, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India and A.N. Sharan, Joint Secretary, MNRE signed the agreement The Ministry of New and Renewable Energy (MNRE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India signed an agreement on technical cooperation under the “Indo-German Energy Programme – Green Energy Corridors (IGEN-GEC)” on […] Read more
Tata Power Renewable Energy Ltd. boosts generation capacity by four-fold Updated On Tue, Aug 29th, 2017 by Saurenergy Tata Power Renewable Energy Ltd. generated 1440 MUs that from renewable energy sources (wind & solar) in FY17 as compared to 329 MUs in FY16. Tata Power has announced that the Company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) increased its generation capacity by 337 per cent in FY17 as compared to FY16. Tata […] Read more
Renewable energy capacity of 100 GW should be achieved by 2019-20 Niti Aayog Updated On Mon, Aug 28th, 2017 by Saurenergy Niti Aayog has set for the government an ambitious goal of 100 giga watt of clean energy by 2019-20 and wants financial provision for generation and infrastructure rather than just capacity creation. Premier think-tank Niti Aayog has set for the government an ambitious goal of 100 giga watt of clean energy by 2019-20 and wants […] Read more