ABB Wants to Expand Factories, Cater to Railways’ Demand Updated On Fri, Jul 6th, 2018 by Saurenergy The company said it spends about USD 100 million on its business in the country every year, ABB India Managing Director Sanjeev Sharma said here. In order to expand their portfolio ABB India, a power and automation technology firm, is looking to expand its facilities to cater to growing demands from railways and also increasing focus on renewable energy space. […] Read more
Rooftop Power Plants Can Save 95 Percent on Bills, Says Study Updated On Wed, Jul 4th, 2018 by Saurenergy Residents buying power from a community rooftop solar PV plant, via a subscription plan, could also save up to 35% on their electricity bills. These savings have been estimated over the 25-year lifetime of these systems. Households owning rooftop solar systems could save up to 95% on their electricity bills, says an independent study released at the CEEW Renewable Energy Dialogue […] Read more
IESA, IEEMA to Hold 2nd Masterclass on Advanced Energy Storage Manufacturing in India Updated On Mon, Jul 2nd, 2018 by Saurenergy The workshop will provide participants a complete overview on latest technology trends, market opportunities as well as insight on IP acquisition and setting up of manufacturing for advanced energy storage and EV charging infrastructure. After the overwhelming response to the first Masterclass program held in Mumbai, India Energy Solar Alliance (IESA) along with Indian Electrical […] Read more
Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd Updated On Mon, Jul 2nd, 2018 by Saurenergy Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […] Read more
ISA Sends Positive Market Signals, says Suresh Prabhu Updated On Fri, Jun 29th, 2018 by Saurenergy While speaking at the Renewable Energy Dialogue in New Delhi, the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, said that India is running one of the largest and most ambitious renewable energy capacity expansion programmes in the world. Commerce & Industry Minister Suresh Prabhu said that International Solar Alliance (ISA) is sending […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] 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
FORE Partnership Shakes Hand with Sunpreme for Bifacial Smart PV Panels Updated On Mon, Jun 25th, 2018 by Saurenergy The company’s highly sustainable office development on Mount Street will feature Bifacial Smart Solar Panel, developed by Sunpreme based in California, US. Real estate investment firm FORE Partnership has joined hands with global solar photovoltaic company, Sunpreme, for its Bifacial Smart Solar Panels. The company’s highly sustainable office development on Mount Street will feature Bifacial Smart […] 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
