Rays Future Energy Executes 60MW of Capacity Under Open Access In India Updated On Wed, Dec 20th, 2017 by Saurenergy Rays Future Energy will focus on the development of the private off-taker market to provide renewable energy solutions to the private off-taker market under both the distributed and open access based models over the next few years, starting with Karnataka. Rays Future Energy, a subsidiary of integrated solar power company Rays Power Infra, said it […] Read more
HEEDING the Call for CYBER SECURITY in Renewable Energy Updated On Mon, Dec 11th, 2017 by Saurenergy This is a challenge, but even more so, it is an opportunity to advance the collective technologies towards the attainment of solar cyber security worldwide. In 2012, a computer virus, dubbed Stuxnet, disabled 1000 of Iran’s 5000 centrifuges, detailing a joint US-Israel cyber security attack on Iran that undermined its nuclear enrichment facilities. In 2014, Unit […] Read more
IESA Signs MoU with IGEF to Promote Energy Storage Updated On Fri, Dec 8th, 2017 by Saurenergy IESA is going to host 5th edition of the India Energy Storage Alliance conference in New Delhi from 10th to 12th January 2018 India Energy Storage Alliance (IESA) has entered into a Memorandum of Understanding (MoU) with Indo-German Energy Forum (IGEF) to promote and facilitate energy storage business among various Germany and Indian stakeholders. The […] Read more
Paris Agreement Enables India to Attract $3.1 Trillion of investments by 2030 Updated On Fri, Dec 1st, 2017 by Saurenergy India’s target of installing 175GW of energy capacity by 2022 claim to have potential of $448 billion worth investments. As per the report issued by the International Finance Corporation (IFC), around $3.1 trillion worth investments are to be expected by 2030. The investments majorly aimed at accomplishing goals as set by the Paris agreement. The […] Read more
LSIS and Macquarie Capital Signs MOU For Solar Power and Energy Storage System Updated On Fri, Nov 24th, 2017 by Saurenergy The recently signed MOU will enable LSIS’s expansion of new business strategies to strengthen and help raising financial funds. South Korean manufacturer for electric automation equipments and electric power, LS Industrial Systems Co. (LSIS) and Macquarie Capital in order to progress in the competitive scenario in the solar power and energy storage system (ESS) operation […] Read more
Indian renewable energy companies among lowest rated: Report Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […] Read more
India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
IL&FS Tie-up With Ecamion To Explore Energy Storage Business Updated On Sat, Nov 18th, 2017 by Saurenergy IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […] Read more
India Committed to 175 GW Clean Energy Target: MNRE Updated On Sat, Nov 18th, 2017 by Saurenergy India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […] Read more