Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra Updated On Mon, Jul 30th, 2018 by Saurenergy The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017. India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […] Read more
NDB Clears $300 Mn to Fund South African Energy Sector Updated On Tue, Jul 24th, 2018 by Saurenergy The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […] Read more
PV + Energy Storage will be Cheapest Energy Soln in 10 Years: Li Zhenguo Updated On Fri, Jul 20th, 2018 by Saurenergy Once the economic efficiency of the PV and energy storage is realized, traditional fossil fuels will be quickly replaced, Li said. China-based LONGi Group President Li Zhenguo said that within ten years, photovoltaic plus energy storage will become the cheapest energy solution. He was speaking at the 9th China-Germany Economic and Technical Cooperation Forum in […] Read more
CleanMax Founder Kuldeep Jain Gets Young Alumni Achiever’s Award from IIM Ahmedabad Updated On Thu, Jun 28th, 2018 by Saurenergy Jain has received the award from Prof. Errol D’Souza – Director and Prof. Rakesh Basant – Dean, Alumni and External Relations at the college campus. IIM Ahmedabad has honoured Kuldeep Jain Founder and Managing Director of CleanMax Solar with Young Alumni Achiever’s Award 2017-18 under the entrepreneurship category. Further, Jain has received the award from Prof. Errol D’Souza […] Read more
Regulatory Challenges to Prolong, No Respite for Renewable Energy Certificates Updated On Tue, Jun 26th, 2018 by Saurenergy The obligated entities may prefer to continue to buy renewable power directly rather than using renewable energy certificates (DECs), to comply with their renewable power obligations There would be a lot of regulatory challenges that renewable certificates will continue to face and obligated entities may prefer to buy clean energy directly. India Rating and Research said, “The […] Read more
Green Energy Will Account For 40% of Total Energy Production in India, Says Harsh Vardhan Updated On Mon, Jun 25th, 2018 by Saurenergy Green energy, electricity produced from non-fossil fuel sources such as wind, solar power, and hydropower, will account for 40% of the total energy production in India As the country is leading the new initiatives in fighting climate change and greenhouse emission, it is also rapidly shifting from the conventional source of energy to clean energy. […] Read more
Nigeria Eyes 30% Renewable Energy by 2030 to National Grid Updated On Fri, Jun 22nd, 2018 by Saurenergy A loan of $66m and $8m was granted to Nigeria for the solar project after it joined other countries to sign the International Solar Alliance (ISA) in March 2018 in New Delhi, India. Intensifying its collaboration with India on clean energy, the Federal Government of Nigeria has set a target for 30 percent renewable energy […] Read more
India in Sight for 5000 Crore Investment in Waste-to-Energy by Indian Ex-pat Varun Datta in 2019 Updated On Fri, Jun 22nd, 2018 by Saurenergy Every year, India generates a staggeringly obscene 55 million tons of Municipal solid waste along with 38 billion liters of sewage waste predominantly from its urban pockets. This is multiplied critically by additional solid and liquid wastes churned out by the rapidly scaling industries. With more people expected to move from rural to urban areas […] Read more
Shri RK Singh inaugurates solar plant at Gurdwara Rakab Ganj Sahib; calls for a clean environment for our future generations Updated On Wed, Jun 20th, 2018 by Saurenergy “India is making rapid strides in the field of renewable energy and we will overshoot the target of 175 GW renewable energy by 2022.” said Shri R.K Singh, Minister of State(IC) for Power and New & Renewable Energy here today. He was speaking as the Chief Guest at the inauguration of 1500 kWP capacity solar […] Read more
