Adani Green Energy no longer a subsidiary of Adani Enterprises Updated On Wed, Jun 7th, 2017 by Saurenergy Pursuant to the allotment of further equity shares by Adani Green Energy Ltd (AGEL), the company’s stake in AGEL has been diluted below 50 per cent Adani Enterprises has announced that Adani Green Energy Ltd is no longer its subsidiary as its stake has been diluted below 50 per cent in the arm. “…pursuant to […] Read more
Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
ICICI Bank commissions over 200 solar powered ATMs Updated On Tue, Jun 6th, 2017 by Saurenergy ICICI Bank on the occasion of World Environment Day said that it has reduced its overall energy consumption in large offices and branches and has commissioned over 200 solar powered ATMs ICICI Bank commissioned over 200 solar powered ATM sites in the last one year as part of its efforts to reduce carbon footprint and […] Read more
Bengaluru Ranked as Top Green City Owing to the Spike in Demand for Solar and Garden Products: Survey Updated On Tue, Jun 6th, 2017 by Saurenergy The survey, led by retail giant Amazon.in, found the demand for solar power products such as solar lights, inverters, power banks and torches, grew nearly 400 per cent year-on-year with over 55 per cent of the demand coming in from the tier-II and tier-III cities. Bengaluru has been ranked as the top green city and […] Read more
Unused Green Energy Tests China’s Energy Leadership Updated On Tue, Jun 6th, 2017 by Saurenergy Increasing amounts of that green energy have gone unused as China struggles to integrate wind and solar farms into an outdated and balkanized electricity network dominated by coal. China’s scramble to curb pollution has made it the world leader in renewable energy development, yet increasing amounts of that green energy have gone unused as the […] Read more
Sushma Swaraj rubbishes Trump’s allegations, says India did not sign Paris agreement for Money Updated On Mon, Jun 5th, 2017 by Saurenergy India signed the Paris agreement not because of any pressure or out of greed. We are committed to the environment and this commitment is 5,000 years old. We worship nature. It is in Indian ethos. I clearly dismiss both accusations said Sushma Swaraj India on Monday said it had been engaged in preserving environment for […] Read more
Solar Irrigating: Farmers not only selling excess power but also saving ground water Updated On Mon, Jun 5th, 2017 by Saurenergy Solar Pump Irrigators’ Cooperative Enterprise (SPICE), which began operating in May 2016, not only made a switch from diesel to solar pumps but also adopted net metering – selling excess power to the local electricity utility. Phodabhai Parmar, a 72-year-old farmer, sits on a charpai sipping tea as solar panels gleam in the fields behind […] Read more
Minara Masjid, the first shrine in Mumbai that tapped solar power cuts power bill by half Updated On Mon, Jun 5th, 2017 by Saurenergy After installing 15KW solar panel on its roof in February this year, Minara Masjid has managed to save lakhs of rupees on its electricity bill in last four months. The Minara Masjid located at Mohammad Ali Road is gussied up in green light in the holy month of Ramzan. It may look like arduous task […] Read more
