Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Viz-A-Viz with Glenn Pearce Oroz, Director of Policy and Programmes, Sustainable Energy for All (SEforALL) Updated On Fri, Feb 1st, 2019 by Saurenergy Govt Sends Clear, Attractive Signal to Invest in India Research clearly shows that businesses and private investment flow into countries that have clear, robust policy and regulatory environments with long term targets. By prioritizing energy access, the government is sending a clear, attractive signal to business to invest in the Indian market, believes Glenn Pearce […] Read more
GE Expands Renewable Energy Portfolio Updated On Thu, Jan 31st, 2019 by Saurenergy The proposed moves will enable GE Renewable Energy to drive more local and integrated solutions, simplify its structure, and improve performance. GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company’s renewable and grid assets into a single, simplified Renewable Energy business. GE […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
Samsung’s Bengaluru R&D Centre Switches to Solar Energy Updated On Wed, Jan 30th, 2019 by Saurenergy Through ‘energy wheeling’, the solar farm adds the required power to the state electricity grid and SRI-B in turn, receives an equal amount of power from the local electricity grid. Samsung’s R&D centre in Bengaluru (SRI-B) has switched to solar power to light up its campus situated in the country’s IT capital. The campus which […] Read more
Corporate Clean Energy Buying Surged to New Record in 2018 : BNEF Updated On Tue, Jan 29th, 2019 by Saurenergy Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017 a new report by BNEF found. BloombergNEF has revealed in its 1H 2019 Corporate Energy Market Outlook, that around 13.4 GW of clean energy contracts were signed by 121 corporations in 21 different […] Read more
Gujarat Frames Land Policy for Renewable Energy Projects Updated On Mon, Jan 28th, 2019 by Saurenergy A total area which can accommodate 30,000 MW of renewable energy will be sanctioned for these parks, with each park large enough to install a minimum of 1,000 MW. Gujarat has released its land policy for renewable energy projects, which seeks to set up wind parks and wind-solar hybrid parks in the state, similar to […] Read more
Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
Hindustan Aeronautics Limited Inaugurates 8.4 MW Wind Energy Plant Updated On Fri, Jan 25th, 2019 by Saurenergy Aiming for self-reliance in power, Hindustan Aeronautics Limited has unveiled its new 8.4 wind power plant. Contributing towards green energy production and to achieve self-reliance in electricity power requirement, Mr. R Madhavan, CMD-HAL inaugurated an 8.4MW wind energy power plant near Ilkal in Bagalkot district (Karnataka). The power generated from this plant would be used […] Read more
