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3,217 Million US$ received as FDI in Renewable Energy Sector

Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […]

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Viz-A-Viz with Dr. Avishek Kumar, Director, Sunkonnect

Q. To begin with, please tell our readers more about Sunkonnect and its offerings and key specialities? Sunkonnect is a global renewable energy management consulting firm based in Singapore. We work with system owners, developers, EPC players and manufacturers in making significant and longlasting improvements to their systems, products and processes. Our team has over […]

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Sterlite Power Bags $600 Mn Transmission Project in Brazil

The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […]

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India’s Energy Needs to Triple by 2040: World Bank

In fiscal 2018, when total installed capacity was more than twice the amount of peak demand, peak demand shortage still registered 2.1% in India,World Bank said. Energy demand in India will grow 30% between 2018 and 2040, a new report by the World Bank titled Dark: How Much Do Power Sector Distortions Cost South Asia […]

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India Setting Example in Green Energy: Harsh Vardhan

The minister was speaking post the inauguration ceremony of Atal Complex for International Training Centre for Operational Oceanography. India is leading the race for mitigation of carbon emission and is setting an example for the whole world in fighting global warming with its various clean energy efforts, Harsh Vardhan, Union Minister for Environment and Science […]

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Interview with Sushil Bansal, Founder & Managing Director, Novasys Greenergy

 Novasys Greenergy, a part of Sangita Coal Group, and now a well-diversified entity operating in renewable, non-renewable, telecom, food & real estate sectors. In an exclusive interview with Saur Energy International during the 10th edition of Intersolar India 2018 at Bangalore, Sushil Bansal, Founder & Managing Director, Novasys Greenergy shared his views on various topics […]

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Viz-A-Viz with Ramnath Vaidyanath, CEO, WiSH Energy

Q. To begin with, please tell our readers more about WiSH Energy and its contribution towards clean energy in India. WiSH (Wind-Solar Hybrid) Energy was created for the sole objective of bridging the energy gap and making renewable energy accessible and affordable for all. Through constant innovation, research and human interaction, we are paving the […]

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Rays Power Infra Raises Rs 200 Cr from DMI Finance

The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […]

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Government Approves Second Phase of Atal Jyoti Yojana

Phase-II of Atal Jyoti Yojana will cover installation of 3,04,500 solar street lights (SSL) of 12 W capacity as per the MNRE specification. The president has today given its assent to launch the Phase-II of the ‘Atal Jyoti Yojana’ (AJAY) to be implemented in the year 2018-2019 and 2019-2020. Sanction has also been accorded for […]

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