Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
GE Expands Renewable Energy Portfolio Updated On Thu, Jan 31st, 2019 by Saurenergy The proposed moves will enable GE Renewable Energy to drive more local and integrated solutions, simplify its structure, and improve performance. GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company’s renewable and grid assets into a single, simplified Renewable Energy business. GE […] Read more
Washington D.C. Sets Aggressive Renewable Energy Targets Updated On Wed, Dec 19th, 2018 by Saurenergy The bill known as Clean Energy DC Omnibus Amendment Act of 2018 sets the target of meeting the energy needs of D.C. with 100% renewable energy by the year 2032. The City Council of Washington D.C. has unanimously voted to make D.C. 100% renewable energy dependent by the year 2032. The bill known as Clean […] Read more
Pakistan Gets 154 MW of Renewable Energy Projects Updated On Sat, Dec 15th, 2018 by Saurenergy Sino Well Private Limited has plans to set up a 50 MW wind farm in Sindh investing $85,4 million in the project. Taking Pakistan on a solar trajectory, four new companies have planned to cumulatively set up 154 MW of renewable energy projects in Sindh and Khyber Pakhtunkhwa with an investment of $200 million. Sino […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
India May Achieve 76% of Renewable Energy Target by 2022, says Report Updated On Tue, Oct 16th, 2018 by Saurenergy Nonetheless, the government’s commitment and support towards renewables remain strong. One of the world’s leading research and consultancy group Wood Mackenzie in its report said that India may achieve about 76 per cent of the target of having 175 GW of renewable power generation capacity by the scheduled date of 2022 as it faces myriad challenges. […] Read more
India brings the world together to discuss Renewable Energy; global community applauds India’s Role Updated On Fri, Oct 5th, 2018 by Saurenergy 2nd Global Re-invest 2018 a resounding success The Ministry of New and Renewable Energy hosted the First Assembly of International Solar Alliance (ISA), 2nd Indian Ocean Rim Association (IORA) Energy Ministerial Meet, 2nd Global RE-Invest Meet & Expo that concluded today at the India Expo Mart in the National Capital Region. The three events were […] Read more
India-Spain Trade to Surge 20% Yearly till 2023; Good Scope in Renewable Energy Updated On Sat, Sep 29th, 2018 by Saurenergy The bilateral trade between both the countries is around $6 billion presently. A spate of visits shared by Spain and India has led to an increasing number of bilateral trade ties among the countries. Spanish Ambassador to India, Jose R Baranano said he expected his country’s bilateral trade with India would increase on an average of 20 […] Read more
NLCIL Buildings get Solar Panels for Renewable Energy Updated On Tue, Sep 4th, 2018 by Saurenergy NLCIl solar installation is the part of its commitment to to produce 4,251 megawatt through solar and wind energy. Pushing the use of renewable energy, Government of India’s Neyveli Lignite Corporation of India (NLCIL) has got installed solar panels on seven office buildings at a cost of Rs. 5.49 crore. NLCIl solar installation is the […] Read more