Azure power raises 470 million dollars financing for its solar projects Updated On Tue, Nov 8th, 2016 by Saurenergy Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […] Read more
India and UK to join hands for clean energy R&D centre on solar energy Updated On Mon, Nov 7th, 2016 by Saurenergy As a part of their commitment to the Solar Alliance, India and UK will join hands to establish India-UK networked Centre on Solar Energy. While speaking at the India-UK Tech Summit, Prime Minister Narendra Modi said, “We have agreed to establish India-UK Clean Energy R&D Centre on solar energy with joint investment of 10 million […] Read more
Atul Arya, Head Energy Systems Division – Panasonic India Updated On Sat, Nov 5th, 2016 by Saurenergy “We see a lot of potential in application of energy storage across Indian Railways.” The solar storage sector has emerged as a wakeful technology wherein it is echoing solar + storage as the next big thing. Amid, government recent helm to pilot MW projects with storage, this sector is rejigging the innovation-driven companies’ stimulus. To […] Read more
Global Renewable Energy Investment Market to Grow at a CAGR Of 5.85%: Research and Markets Updated On Wed, Oct 26th, 2016 by Saurenergy Research and Markets has released a new report named “Global Renewable Energy Investment Market 2016-2020”. As per the report the global renewable energy investment market will grow at a CAGR of 5.85% during the period 2016-2020. The research firm notes that spending on utility-scale renewable energy projects will be a key trend for market growth. […] Read more
Suzlon and Ostro Energy partners to develop and construct 50 MW solar project in Telangana Updated On Wed, Oct 26th, 2016 by Saurenergy Suzlon Group and Ostro Energy joined hands for the development and construction of a 50 MW solar project at Wanaparthy site, Telangana. As per the contract signed between both the companies on 24th October 2016, Ostro Energy shall acquire 49% stake in Prathamesh Solar farms Limited, a special purpose vehicle (SPV) set-up by Suzlon for […] Read more
Renewable energy is a key to Energy Security in the future: Piyush Goyal Updated On Fri, Oct 7th, 2016 by Saurenergy Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal at ‘Energy Conclave, 2016 – Securing India’s Green Future’ noted that India has its own developmental imperatives in the near future, hence it cannot shun the use of fossil fuels completely from its energy basket. He said it is important to strike a balance […] Read more
EDF Energies Nouvelles calls off partnership with Acme Cleantech Solutions Updated On Wed, Oct 5th, 2016 by Saurenergy EDF Energies Nouvelles, a French renewable energy group has called off its collaboration with Acme Cleantech Solutions, a Gurgaon-based green technology solution provider, over differences in strategy- marking an end to its first venture into the Indian solar energy. The Paris-based state-run power major, however, remains confident about its clean energy projects in the country. […] Read more
CleanMax aims to install 400MW rooftop solar in next two years Updated On Mon, Sep 19th, 2016 by Saurenergy Buoyed by the Centre’s increased focus on renewable energy sector, solar solutions provider CleanMax Solar is looking to enhance its rooftop installed capacity by nearly eight-fold to about 400 MW in the next two years, a top company official said. Kuldeep Singh, Managing Director, CleanMax told PTI that “With a current installed rooftop solar capacity […] Read more
India to quadruple its investment on R&D in the Renewable Energy section in next 5 years: Piyush Goyal Updated On Thu, Sep 15th, 2016 by Saurenergy Union Minister of State for Power, Coal, New & Renewable Energy and Mines- Piyush Goyal addressing a plenary session at the 11th Sustainability Summit said that “Climate change is a global challenge and we all should fight it here, now and today.” Restating the commitment of the Government of India towards the achievement of Sustainable […] Read more
