ReNew Power buys Ostro Energy Updated On Mon, Apr 2nd, 2018 by Saurenergy This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector. Clean energy firm, ReNew Power has acquired Ostro Energy for an undisclosed amount. The company said in a statement that, “This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector.” Concurrent with this transaction, Canada […] Read more
Impose Safeguard Duty on Import of Solar Cells, says ISMA Updated On Mon, Apr 2nd, 2018 by Saurenergy The association has written to the Commerce Ministry favouring the Directorate General of Safeguards (DGS) recommendation of imposition of 70% duty on imports of solar PV cells and modules. The Indian Solar Manufacturers Association (ISMA) has demanded from the government for the imposition of safeguard duty on imports of solar cells and modules, saying it would be significant to […] Read more
CIL Plans to Generate 20 GW Solar Power in Next 10 Years Updated On Mon, Apr 2nd, 2018 by Saurenergy We don’t have the land in single size, its of our various subsidiaries which we will use, says CIL Chairman. As part of its diversification plan, state-owned miner Coal India Ltd (CIL) is targeting to generate about 20,000 MW in next 10 years. Commenting on the development, Coal India, Chairman and Managing Director, Gopal Singh said, “For Coal […] Read more
Sungrow Prepares for Major Growth in Emerging APAC Solar Markets Updated On Mon, Apr 2nd, 2018 by Saurenergy Sungrow South Korea is now providing complete solutions comprising of central inverters, string inverters, power control systems (PCS) for energy storage system (ESS), and ONE-STOP solution for floating PV power plants, addressing a wide range of demands from the market. Sungrow, is expanding its presence in emerging APAC solar markets, in particular South Korea and […] Read more
150 Exhibitors to Showcase at the Third Edition of RenewX in Hyderabad Updated On Sat, Mar 31st, 2018 by Saurenergy The expo will witness a congregation of South India’s green economy community to discuss industry trends, challenges and market insights including the Indian regulatory framework. UBM India, the leading B2B exhibitions organiser announced the third edition of RenewX, a two-day Renewable Energy trade expo slated on April 13 and 14 2018 at the Hitex, Hyderabad. Augmented further by the legacy of its […] Read more
Jinkosolar to Supply 2,750 MW Solar Modules to Nextera Energy Updated On Sat, Mar 31st, 2018 by Saurenergy Once fully operational, JinkoSolar’s Jacksonville factory is expected to have the capacity to build 400 megawatts of solar modules annually – more than 1 million solar panels a year. China-based JinkoSolar and US-based NextEra Energy has announced one of the largest solar panel supply deals in history. NextEra Energy is the counterparty to a major supply […] Read more
K Sreekant Gets Additional Charge as Director-Finance, NTPC Updated On Fri, Mar 30th, 2018 by Saurenergy He is currently whole-time Director (Finance) of Power Grid Corporation India Limited. Kandikuppa Sreekant, who is currently the Director-Finance of PGCIL India, was given additional charge as Director-Finance of NTPC by the Power Ministry effective from March 19, 2018. “Ministry of Power, through its Office Order No. 8/18/2017-Th-1 dated 28.03.2018, has assigned the additional charge […] Read more
Viz-A-Viz with Saurabh Marda, Founder and Managing Director | Freyr Energy Updated On Fri, Mar 30th, 2018 by Saurenergy India’s long-term approach should be tax incentive based for solar sector To boost the solar sector in the country, a tax incentive based approach across all customer segments is going to be a more sustainable long term approach, believes Saurabh Marda, Founder and Managing Director, Freyr Energy, Hyderabad-based full solar service solutions provider. In conversation […] Read more
Fossil Fuels Dominance Shrank on Renewables’ Cost Reduction, Says BNEF Updated On Thu, Mar 29th, 2018 by Saurenergy The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix – supply of ‘bulk generation’, supply of ‘dispatchable generation’, and provision of ‘flexibility’. After significant reduction in the cost of wind, solar […] Read more
