Energy Storage Market to Touch 70 GW by 2022 Updated On Tue, Sep 12th, 2017 by Saurenergy The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […] Read more
Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa Updated On Mon, Sep 11th, 2017 by Saurenergy “We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […] Read more
Goldman Sachs-backed ReNew Power aiming at 5 GW power generation capacity in the next two yrs Updated On Mon, Sep 11th, 2017 by Saurenergy In April, ReNew Power Ventures had announced doubling its power generation capacity in a year’s time, which crossed 2 GW. ReNew Power Ventures targets to double its generation capacity to 5 GW in the next two years, a top company official said. The company has planned to add 1 GW capacity this fiscal, ReNew Power […] Read more
State distribution companies (discoms) are biggest obstacle on open access for solar power Updated On Fri, Sep 8th, 2017 by Saurenergy Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […] Read more
KOR Energy installs 100 KWp Grid Tied Rooftop Solar System at DPS, Varanasi Updated On Wed, Sep 6th, 2017 by Saurenergy KOR Energy has used Polycrystalline Modules of 315Wp manufactured by Vikram Solar and solar string inverters of ABB Group to ensure maximum yield and performance consistency. KOR Energy (India) Pvt. Ltd. has announced that it has installed a 100 KWp Grid Tied Rooftop Solar System at Delhi Public School (DPS), Chandauli Mohansarai Bypass Road, Varanasi. […] Read more
Shri R K Singh takes over as new Power & New Renewable Energy Minister Updated On Tue, Sep 5th, 2017 by Saurenergy Shri Raj Kumar Singh took over as new Union Minister of State (IC) in Ministries of Power & New & Renewable Energy here today. Shri Piyush Goyal, New Railways Minister & former Power Minister was present to hand over the charge to Shri Singh . Speaking to media after assuming his office, Shri Singh said […] Read more
Heraeus Photovoltaics, JinkoSolar partners to develop new generations of super PV cells Updated On Tue, Sep 5th, 2017 by Saurenergy Heraeus will work with JinkoSolar’s new R&D efforts in efficient black silicon cells and n-type cells are expected to further increase the cell efficiency. Heraeus Photovoltaics has signed a comprehensive strategic partnership agreement with JinkoSolar to jointly develop new-generation Super PV Cells with higher efficiency and lower costs. Additionally, the agreement includes exploring energy markets […] Read more
Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore Updated On Fri, Sep 1st, 2017 by Saurenergy Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […] Read more
Centre aiming to install 175 Gigawatt renewable power by 2022: Harsh Vardhan Updated On Fri, Sep 1st, 2017 by Saurenergy “The government has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far,” said Vardhan. Minister of Science & Technology, Environment, Forest and Climate Change Dr. Harsh Vardhan on Thursday said the government is aiming to install 175 GW […] Read more