Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
CleanMax Founder Kuldeep Jain Gets Young Alumni Achiever’s Award from IIM Ahmedabad Updated On Thu, Jun 28th, 2018 by Saurenergy Jain has received the award from Prof. Errol D’Souza – Director and Prof. Rakesh Basant – Dean, Alumni and External Relations at the college campus. IIM Ahmedabad has honoured Kuldeep Jain Founder and Managing Director of CleanMax Solar with Young Alumni Achiever’s Award 2017-18 under the entrepreneurship category. Further, Jain has received the award from Prof. Errol D’Souza […] Read more
CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
Renewable to be Half of Total Installed Capacity by 2030: RK Singh Updated On Tue, Jun 26th, 2018 by Saurenergy It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […] Read more
IIT Madras, CPCL Ink Pact to Solarize Villages Updated On Tue, Jun 26th, 2018 by Saurenergy The proposed project will be executed over the period of next 2 years and will cost around 14.49 crore in Rupees. The project will be executed in coordination with the government of Tamil Nadu. To provide a solar power, clean drinking water and create better sanitation conditions in the villages of Vellalapakkam, Gopurajapuram, and Panangudi […] Read more
Green Energy Will Account For 40% of Total Energy Production in India, Says Harsh Vardhan Updated On Mon, Jun 25th, 2018 by Saurenergy Green energy, electricity produced from non-fossil fuel sources such as wind, solar power, and hydropower, will account for 40% of the total energy production in India As the country is leading the new initiatives in fighting climate change and greenhouse emission, it is also rapidly shifting from the conventional source of energy to clean energy. […] Read more
RK Singh Launches Campaign to Promote Energy Efficiency Updated On Sat, Jun 23rd, 2018 by Saurenergy “Normal human body temperature is approximately 36-37 degree Celsius, but large number of commercial establishments, hotels and offices maintain temperature around 18-21 degree Celsius,” Singh said. In a bid to reduce greenhouse gas emission, the Power and New & Renewable Energy Minister R.K Singh has launched a campaign in New Delhi to promote the energy […] Read more
Honda Installs Solar Energy System at its American Motor Campus Updated On Fri, Jun 22nd, 2018 by Saurenergy The installation, standing at 2.0 MW direct current, is Honda’s one of the largest on-sight renewable energy installations anywhere in the world. Adding to the move of shifting from conventional source of energy to green energy, Honda in US has started a solar energy system at the American Honda Motor campus in Torrance, Calif. The […] Read more
EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
