Fotowatio to Withdraw from Solar Project in India Updated On Tue, Aug 21st, 2018 by Saurenergy Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […] Read more
Greenko Group Unsure of Buying Orange Renewables Updated On Tue, Aug 21st, 2018 by Saurenergy The USD 1 billion deal between the two giants would have made Greenko Group country’s 2nd largest firm in renewable energy space following ReNew Power that has highest new energy capacity. Utility-scale clean and affordable energy provider, Greenko Group has been reluctant to buy wind and solar energy assets of Singapore based renewable energy developer, Orange […] Read more
India to Spend Rs. 3.85 Lakh Crore for 77GW Solar Capacity Target Updated On Fri, Aug 10th, 2018 by Saurenergy Out of the total target of installing 100,000 MW of solar capacity target by 2022, 23,120 MW solar capacities have already been installed till July 2018. Bringing clarity to the parameters of the solar energy target of 100 GW, Indian Government asserted investment of Rs. 3,85,000 crore for setting up pending 77,000 MW of solar […] Read more
Rural Electrification- Another Feather in India’s Cap Updated On Thu, Aug 9th, 2018 by Saurenergy After India took over driver’s seat and successfully parks the car of International Solar Alliance (ISA) Summit in March this year, Asia’s third largest economy continued its rollercoaster ride in April too, and once again scripted history by hitting the target of electrifying all villages ahead of the deadline. In 2014, when Narendra Modi chaired […] Read more
Gujarat Tops in Terms of Approved Solar Power Generation Capacity Updated On Wed, Aug 8th, 2018 by Saurenergy The approval of the solar energy capacity is to be generated at three solar parks namely Dholera, Radhanesada and Harshad. Gujarat state has topped another category of the renewable energy segment. It has been declared the state with the highest approved solar power generation capacity at various solar parks. Out of over 26,000 MW of […] Read more
India Will Easily Attain 100 GW Solar Energy Target BY 2022: MNRE Minister Updated On Tue, Aug 7th, 2018 by Saurenergy National Institute of Solar Energy (NISE) has benchmarked the country’s solar capacity at 748 GW backing the solar energy target. In a written reply in Rajya Sabha, it was assured that India, with all comforts, will attain the 100 GW solar energy target by 2022 and has already installed solar energy capacity of 23.12 GW […] Read more
Azure Power to Install 5 MW of Solar Power System for NREDCAP Updated On Tue, Aug 7th, 2018 by Saurenergy Azure Power will provide power for 25 years at an incentivized tariff rate of Rs. 4.57 per kWh. Azure Power has won a 5 MW rooftop solar power tender in a bid held by New & Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP). The developer, Azure Power is to install 5 MW of […] Read more
BEST to Set up World’s First Thermal Battery Plant Updated On Tue, Aug 7th, 2018 by Saurenergy World’s first thermal battery plant in Andhra Pradesh would manufacture thermal batteries which would supply power for a longer duration than the Lithium-ion battery. Leading power storage service provider, Bharat Energy Storage Technology (BEST) has revealed setting up a thermal battery plant in Andhra Pradesh. Considered as a great addition, world’s first thermal battery plant […] Read more
BEE and AEEE Release ‘Energy Efficiency Preparedness Index’ Updated On Thu, Aug 2nd, 2018 by Saurenergy The energy efficiency preparedness index aims at assessing state policies and programs aimed at improving energy efficiency across various sectors. As part of its commitment to create awareness about energy efficiency as a resource and also to develop an action plan for energy conservation initiatives, Bureau of Energy Efficiency (BEE) and Alliance for an Energy […] Read more
