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
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
Upcoming technologies and improved cost-efficiency in renewable energy will reshape geopolitics: Hamid Ansari Updated On Thu, Apr 27th, 2017 by Saurenergy By 2030, solar power will be able to provide 100 per cent of today’s energy needs; by 2035, it will seem almost free — just as cell-phone calls are today Vice President M. Hamid Ansari on Wednesday said upcoming technologies like manufacturing of robotics and improved cost-efficiency in renewable energy will reshape geopolitics. “Every two […] Read more
Flex Launches Renewable Energy Storage Solution Updated On Wed, Apr 19th, 2017 by Saurenergy The Flex renewable energy storage solutions is a versatile, standardized energy storage platform for utility, commercial and industrial users Flex has expanded its contributions to the renewable energy industry with the introduction of energy storage solutions to address the challenge of integrating solar and wind power into the energy grid. Advanced Battery Energy Storage Systems (BESS) […] Read more
Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy Updated On Sat, Apr 1st, 2017 by Saurenergy The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […] Read more
Adani Group Joins Global Sustainable Renewable Energy Promotion Club GEIDCO Updated On Tue, Mar 28th, 2017 by Saurenergy Adani Group has been inducted into GEIDCO, an organization dedicated to promoting sustainable development of renewable energy worldwide. Infrastructure conglomerate Adani Group has joined Global Energy Interconnection Development and Cooperation Organization (GEIDCO) as a member, which is a non-governmental body dedicated to promoting sustainable development of renewable energy worldwide. The group claimed that it is […] Read more
India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal Updated On Sat, Mar 25th, 2017 by Saurenergy “India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […] Read more
ABB Commissions Denmark’s First Urban Energy Storage System to Support Renewables Updated On Thu, Mar 2nd, 2017 by Saurenergy ABB’s Lithion-ion based battery energy storage system (BESS) will be integrated with the local electricity grid in the new harbour district of Nordhavn, Copenhagen ABB has announced that it has successfully commissioned Denmark’s first urban energy storage system. ABB’s Lithion-ion based battery energy storage system (BESS) will be integrated with the local electricity grid in […] Read more
Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment Updated On Thu, Feb 2nd, 2017 by Saurenergy FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […] Read more