Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project Updated On Fri, Jun 8th, 2018 by Saurenergy Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […] Read more
Under KUSUM Scheme, Govt. to Provide 2.75 Million Solar Pumps to Farmers Updated On Fri, Jun 8th, 2018 by Saurenergy “Initially the solar-pumps will be distributed as per the demand from each region but at the later stage, if required, we will provide more pumps,” power minister R K Singh. Under the first phase of Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme that is to be launched by July 2018, the government will provide 2.75 million […] Read more
India Intends to Partner with UN to Promote Solar Energy Updated On Thu, Jun 7th, 2018 by Saurenergy While expressing his optimism and hope Syed said that by the next year’s World Environment Day commemoration, solar energy will be part of the energy mix used in the UN headquarters. As part of the efforts to protect and preserve the environment, India’s Permanent Representative to the UN Syed Akbaruddin said, that the country aims […] Read more
Beer Giant AB InBev’s Mysore Unit Goes Green; Inks Pact with Canadian Firm Updated On Thu, Jun 7th, 2018 by Saurenergy The brewery in Mysore manufactures beer brands especially Budweiser, Knock out and Beck’s Ice, is the company’s third unit in the world that has shifted to the renewable source to meet its energy demands. The other two are in the US. The Mysore unit of World’s biggest beer giant Anheuser-Busch (AB InBev) in Karnataka has shifted from […] Read more
R K Singh Asks States to Speed Up Work under Saubhagya; Assures All Possible Support Updated On Thu, Jun 7th, 2018 by Saurenergy The Power Minister further said that draft on amendments to Electricity Act will also be circulated soon. The Renewable Energy Minister R K Singh has discussed the progress of work under Saubhagya, Gram Swaraj Abhiyan and Deen Dayal Upadhyaya Gram Jyoti Yojna in a ‘Review, Planning and Monitoring (RPM) Meeting’ with the secretaries of power/ energy […] Read more
Sumitomo SHI FW Has Successfully Completed CFB Boiler Modernization Project in Estonia Updated On Wed, Jun 6th, 2018 by Saurenergy State-of-the-art EPC project utilizing retort gas from oil shale; Upgrade of CFB boiler to increase environmental benefits Sumitomo SHI FW announces that it has successfully completed the delivery of a CFB boiler technology upgrade project to increase the oil shale retort gas combustion in an existing circulating fluidized-bed (CFB) boiler at the Enefit’s Narva Power […] Read more
Cabinet approves Continuation of Off-grid and Decentralised Solar PV Applications Programme – Phase III Updated On Wed, Jun 6th, 2018 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for implementation of Phase-Ill of Off-grid and Decentralised Solar PV (Photo Voltaic) Application Programme to achieve additional 118 MWp(Mega Watt peak) off-grid solar PV capacity by 2020. Phase-Ill of Off-grid and Decentralised Solar PV Application Programme covers […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more