India to Have Second Largest Power Capacity in Asia This Year Updated On Tue, May 29th, 2018 by Saurenergy A consultancy firm based out of London, BMI research has predicted that India will soon overtake Japan in terms of power capacity. The report further added that by the year 2020 there are chances that India has potential to overtake US in terms of energy production. India is home to states like Tamil Nadu that […] Read more
ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
India Relegates in Global Renewable Market Index, Ranks at Spot 4 Updated On Sat, May 5th, 2018 by Saurenergy A report by UK accountancy firm, Ernst & Young (EY) has attributed the relegation in India’s ranking to the latest auctions in which the wind and solar tariffs were kept low. Indian has slipped two ranks in renewable energy country attractive index making it rank 4th in the list preceded by China, US and Germany. […] Read more
Details of Solar, Wind and Biomass Based Power Generation Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed about the State-wise details of solar and wind power generation during each of the last three years and the current year. (all figures in MU) 2014–15 2015–16 2016–17 2017–18 […] Read more
Solar and Wind to be Cheapest Source of Power Generation by 2030 Updated On Sat, Jul 8th, 2017 by Saurenergy With the G20 summit underway in Hamburg today, the study carried out by Greenpeace Germany said in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015. Wind energy and solar power will be the cheapest form […] Read more
Kandla Port to Get 200 MW Solar Power and Wind Energy Plants Updated On Wed, May 31st, 2017 by Saurenergy The 200 MW solar power and wind energy project will be constructed on 1.5 lakh acres of land at Kandla port. The Ministry of Shipping is exploring the possibility of setting up 200 MW solar and wind energy projects on 1.5 lakh acres of land at Kandla Port in Gujarat, Union Minister for Shipping and […] Read more
Indian Railways to Add 1000 MW of Solar Power, 200 MW of Wind Energy: Suresh Prabhu Updated On Thu, Apr 6th, 2017 by Saurenergy Indian Railways will be able to draw 25 per cent of its energy needs from renewables and achieve the target of 5 GW of solar power by 2025. Railway Minister Suresh Prabhu has said that railways plans to use renewable energy in a “big” way and is looking to add 1,000 MW of solar power […] Read more
Hindustan Zinc to set up 155 MW solar project, to invest Rs 630 crore Updated On Thu, Dec 8th, 2016 by Saurenergy Hindustan Zinc Ltd (HZL) has announced that it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy. HZL CEO Sunil Duggal […] Read more
The Clock is Ticking on Tax Credits for Renewable Energy Updated On Tue, Nov 29th, 2016 by Saurenergy Tax credits for renewable technologies such as geothermal heat pumps, small wind projects and combined heat/power generation are scheduled to expire at the end of 2016 unless Congress acts this month. Doug Dougherty of GEO (Geothermal Heat Pumps), Lloyd Ritter of the Distributed Wind Energy Association and Combine Heat & Power Association head Dale Louda, […] Read more
