Indian Railways Plans to Setup Solar Power Plants at 8000 Stations Updated On Tue, Apr 11th, 2017 by Saurenergy The Indian Railway is working on the plan to make use of 500 MW of solar power plants in 8000 stations to meet its electricity needs and cut down carbon footprint. Indian Railways has planned to install 500 MW of solar power plant to meet the energy needs of more than 8000 stations in the […] Read more
Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
UDAY Successfully Achieves Financial and Operational Reform of DISCOMS in India: REPORT Updated On Wed, Apr 5th, 2017 by Saurenergy Ujwal Discom Assurance Yojana has been successful in achieving its most important objective of reforming power distribution companies in India. It has been nearly eighteen months since the Ministry of Power announced the vital Ujwal DISCOM Assurance Yojana (UDAY) scheme for financial and operational reform of power distribution companies (DISCOMs) in India. Twenty six states […] Read more
UBM India announces the second edition of RenewX, starts from April 7 at Hitex in Hyderabad Updated On Fri, Mar 17th, 2017 by Saurenergy Of special interest this year is the China Pavilion being launched at RenewX 2017 for the first time UBM India has announced the second edition of RenewX, a two-day Renewable Energy trade expo. The expo is scheduled from April 7 at the Hitex, Hyderabad. Through RenewX 2017, UBM India intends to provide an industry platform for organizations to capitalize and […] Read more
India’s Solar Module Manufacturers to Face Tough Competition in 2017 Updated On Fri, Mar 10th, 2017 by Saurenergy With solar module prices continuously declining globally, it is also weakening the domestic solar manufacturer’s ability to compete with imports. Solar module prices are expected to continue declining in 2017 as global supply continues to exceed demand. As the largest supplier and installer of solar module, China will continue to drive global pricing. The country’s […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Energy Storage India 2017 Brings Global Industry Leaders in Energy Storage and Micro-grids to India Updated On Mon, Jan 16th, 2017 by Saurenergy Energy Storage India Conference and Expo was held at the Nehru Convention Centre in Mumbai, organized by Customized Energy Solutions and Messe Dusseldorf India, powered by India Energy Storage Alliance. Mumbai recently hosted a specialized International Conference and Expo on Energy Storage and Microgrids with over 250 delegates and 1000+ visitors. The 4th edition of […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more