ABB Kicks off 1st Industrial Solar Microgrid in Gujarat Updated On Thu, Apr 26th, 2018 by Saurenergy It is the first of its kind microgrid to be installed at a manufacturing campus in the country, and will harness the area’s abundant solar energy supply to help the expanding factory meet its growing electricity needs, while lowering its carbon footprint. ABB has inaugurated an innovative microgrid solution at its Vadodara manufacturing facility in Gujarat. This is the company’s largest facility […] 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
NTPC to Quit 50:50 JV with BHEL for Mfg Power Equipments Updated On Thu, Apr 19th, 2018 by Saurenergy The JV’s first manufacturing facility at Mannavaram in Chittoor district of Andhra Pradesh started operations in 2016 but had very little orders. NTPC Ltd, formerly known as National Thermal Power Corporation Ltd, has decided to quit its 50:50 Joint Venture (JV) with BHEL, by saying it is not an equipment manufacturer and would rather concentrate on setting up and […] Read more
World Added More Solar than Fossil Fuel Power Generating Capacity in 2017: UN Report Updated On Fri, Apr 6th, 2018 by Saurenergy Solar power also attracted far more investment, at USD 160.8 billion, up 18 per cent, than any other technology. Solar energy dominated global investment in new power generation like never before in 2017, a UN report has said. The world installed a record 98 GW of new solar capacity, which is far more than the […] Read more
CIL Plans to Generate 20 GW Solar Power in Next 10 Years Updated On Mon, Apr 2nd, 2018 by Saurenergy We don’t have the land in single size, its of our various subsidiaries which we will use, says CIL Chairman. As part of its diversification plan, state-owned miner Coal India Ltd (CIL) is targeting to generate about 20,000 MW in next 10 years. Commenting on the development, Coal India, Chairman and Managing Director, Gopal Singh said, “For Coal […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings Updated On Mon, Oct 30th, 2017 by Saurenergy Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […] Read more
Finance Ministry approves four proposals including that of AMP Solar India, entailing FDI of Rs.503 crore Updated On Sat, Sep 2nd, 2017 by Saurenergy AMP Solar India Pvt Ltd alone will bring investment of Rs 500 crore. Besides, proposals of Aditya Birla Capital Ltd, Firstspace Development Management Pvt Ltd were also cleared by the department. The finance ministry said that it has cleared four proposals, including that of AMP Solar India, entailing foreign direct investment of Rs 503.40 crore […] Read more
Elon Musk to Construct 100MW Battery Farm in Australia in 100 days or Give it Free Updated On Fri, Mar 10th, 2017 by Saurenergy Elon Musk responded to an ongoing power problem in the state of South Australia by committing to build a 100MW battery storage farm. That’s for one part; Musk promised that if he couldn’t provide the system within 100 days, he would give it to the state for free. The Tesla CEO made promised on Twitter, […] Read more
