ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
India Rapidly Progresses Towards Renewable Energy, says R K Singh Updated On Thu, May 10th, 2018 by Saurenergy “India is making quick progression in the field of renewable energy and the government is committed to achieving the said target by 2022,” said Minister of Power and New Renewable Energy (MNRE), R K Singh. India’s set target of touching 175 GW of renewable energy capacity addition has already seen the accomplishment of 70 GW […] Read more
RBI Cancels Govt Request to Ease Norms for Stressed Power Cos Updated On Wed, May 9th, 2018 by Saurenergy RBI has stated that it is for lenders, administrative ministries, and the developers to find the solution as the regulator won’t give any special treatment to a particular sector. Power Projects worth 20,000 MW are at the verge of liquidation, as the Reserve Bank of India (RBI) has rejected the government’s demand to ease the […] Read more
China Successfully Tests Battery For Renewable Energy Storage Updated On Wed, May 9th, 2018 by Saurenergy The project of energy storage system with batteries was tested in Dalian Institute of Chemical Physics in northern China’s Liaoning Province. For the first time a lead carbon battery for storing power generated from solar panels is developed by Chinese scientists. The claim is that with such devices at disposal the electricity supply is stable […] Read more
Solar at Forefront of India’s Electricity Generation: IEEFA Updated On Wed, May 9th, 2018 by Saurenergy A number of announcements in this April show momentum building. Solar technology continues to advance, with floating solar, hybrid wind-solar-battery and blended solar-thermal tariff developments now underway. Touching yet another milestone India in the years 2017-2018 installed 10 GW of solar electricity capacity across the country. As compared to previous years the capacity addition is […] Read more
Renewable Energy Industry Creates 5 Lakh New Jobs Globally Updated On Tue, May 8th, 2018 by Saurenergy In a recent report published by International Renewable Energy Agency (IRENA) titled ‘Renewable Energy and Jobs – Annual Review’, it says the 10 million mark was surpassed for the first time as the industry gave jobs to around 10.3 million in 2017. In a steep growth in 2017, renewable energy industry created over 500,000 new […] Read more
India Invites Guatemala to Join International Solar Alliance Updated On Tue, May 8th, 2018 by Saurenergy Moreover, India and Guatemala have also agreed to support each other’s candidature for non-permanent membership in the United Nations Security Council (UNSC). With an aim to provide greener planet to our next generations, India has invited Guatemala to join the International Solar Alliance (ISA), the first international inter-governmental treaty based organization aiming to boost solar […] Read more
SkyPower to Build Uzbekistan’s First Solar Power Installation; To Pump Largest FDI Updated On Mon, May 7th, 2018 by Saurenergy “This historic partnership with UzbekEnergo and the government of Uzbekistan will bolster growth in the region and help establish Canadian expertise in this fast-growing sector,” said François-Philippe. Canada-based solar energy producer, SkyPower has signed a pact with Uzbekistan government to invest about $1.3 billion Foreign Direct Investment (FDI) in the country to build 1,000 MW of solar energy generation capacity throughout […] Read more
Viz-A-Viz with Atul Arya, Head, Energy Systems, Panasonic India Updated On Mon, May 7th, 2018 by Saurenergy Q. How Panasonic is contributing towards India’s clean energy initiative? The management philosophy of Panasonic is based on the belief of its founder Konosuke Matsushita, who said: since a company runs its business by borrowing people, things, money, land, and so forth from the society, a company is “a public entity of society”. Following this […] Read more
