ReNew Power acquires 5-MW Solar Plant PPA for Chandigarh International Airport Updated On Thu, Aug 4th, 2016 by Saurenergy ReNew Power Ventures Private Limited, one of the India’s top renewable energy company has acquired a PPA for 5-MW solar plant installation from Chandigarh International Airport (CHIAL). The solar project is said to use Single Axis Tracker Technology for improved efficiency. The agreement duration for the 5-MW project is 25 years and was earlier in […] Read more
Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion Updated On Mon, Aug 1st, 2016 by Saurenergy Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […] Read more
Georgia Power’s 1600MW of renewable energy mostly to be Solar PV Updated On Fri, Jul 29th, 2016 by Saurenergy The Georgia Public Service Commission (GSPC) approved a deal between utility Georgia Power and organizations including Southern Alliance for Clean Energy (SACE) that will focus on expanding the utility’s commitment to renewable energy in its latest long-term plan. As per the deal, the Georgia Power is committed to develop and procure 1600 MW in the […] Read more
UK Renewable Energy Leaders releases a new Commercial Rooftop Solar PV Guide Updated On Wed, Jul 27th, 2016 by Saurenergy Two renewable energy leaders in the United Kingdom, Renewable Energy Association and BRE National Solar Centre have released a new Rooftop Solar PV Guide for installing solar photovoltaic (PV) systems on commercial rooftops, which will be of great help to both tenants and landlords of commercial buildings in their bids to decrease energy costs and […] Read more
MNRE in process of finalizing the draft for National Lab Policy for Renewable Energy Updated On Mon, Jul 25th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is in the process of marking the final seal on a national lab policy to set norms for standardization, testing and certification of renewable energy related products in India, and also define the infrastructure required for the testing centres. Expected to be completed within a month’s time, […] Read more
RE Industry gears up for Renewable Energy India 2016 Expo Updated On Fri, Jul 22nd, 2016 by Saurenergy UBM India is all set to host the 10th edition of its flagship event, Renewable Energy India Expo (REI) scheduled from 7th to 9th September 2016 at the India Expo Center, Greater Noida. India’s green economy community and participants from overseas will congregate at the REI Expo to discuss industry trends, challenges and market insights […] Read more
Piyush Goyal reviews issues related to Power, coal and renewable energy sectors in Karnataka Updated On Wed, Jul 13th, 2016 by Saurenergy Union Minister of State for Power, Coal, Renewable Energy and Mines, Piyush Goyal on Tuesday reviewed issues related to Power, coal, renewable energy and mines sectors with the Govt. of Karnataka. Addressing the media Goyal said that there are four ongoing power projects linking with various states to bring surplus power from the central grid […] Read more
World Bank President Visits India today, talks on India’s Renewable Initiatives upfront Updated On Tue, Jun 28th, 2016 by Saurenergy World Bank President Jim Yong Kim will make a two-day visit to India exploring financial propositions, and also understand India’s efforts on renewable energy and nutrition. Kim in an official World Bank statement said, “I am very impressed with Prime Minister Narendra Modi’s reforms, and on this trip I want to explore how the World […] Read more
ReNew Power signs PPA with DMRC for 6 MW solar rooftop project Updated On Wed, Jun 22nd, 2016 by Saurenergy ReNew Power has signed PPA with Delhi Metro Rail Corporation (DMRC) for 6MW solar rooftop project across various metro stations in New Delhi. The Power Purchase Agreement has been signed for a term of 25 years. The major lines allocated under this PPA are Dwarka Sector 21 to Rajiv Chowk; Badarpur to Central Secretariat and […] Read more