Indian, Korean CEOs Discuss Ways to Strengthen Energy Cooperation Updated On Wed, Jul 11th, 2018 by Saurenergy The CEOs announced the formation of 6 working groups in sectors like Auto, Infrastructure, Services, Electronics (including renewable and allied sector) & IT and Startups and Innovation Ecosystem (including MSMEs & SMEs) and Defense Manufacturing. The 2nd India-Korea CEOs Forum meeting was held in New Delhi with leading CEOs from both the nations developing an ambitious agenda […] Read more
Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
Innergex Acquires Large-Scale Solar PV Project from Longroad Energy Updated On Wed, Jul 4th, 2018 by Saurenergy The company further said that the full notice to proceed with construction was issued and the commercial operation will be started during the third quarter of 2019. Canadian renewable energy firm Innergex Renewable Energy has acquired 250MW AC/ 315 MW DC photovoltaic (PV) solar project in the United States from renewable energy developer Longroad Energy Partners. The company further […] Read more
Innergex Renewable Completes JV Partnership with Chile-based Energía Llaima Updated On Wed, Jul 4th, 2018 by Saurenergy The Canadian firm has invested an initial amount of USD 10 million via available funds under its corporate revolving credit facilities. Canada headquartered Innergex Renewable Energy has completed its Joint Venture (JV) partnership with Chile-based Energia Llaima for a 50 percent stake in the company. The Canadian firm has invested an initial amount of USD 10 million via available funds under […] Read more
India Plans to Auction 40 GW Renewables Per Year for Next 10 Years Updated On Mon, Jul 2nd, 2018 by Saurenergy “We have to do 350 GW in solar (to meet demand by 2030), of which 100 GW is planned till 2022. So we have to bid out at least 30 GW each year from 2020 onwards to achieve additional 250 GW.” To boost the local manufacturing and help developers of the country, India has decided […] Read more
Renewable to be Half of Total Installed Capacity by 2030: RK Singh Updated On Tue, Jun 26th, 2018 by Saurenergy It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […] 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
RK Singh Launches Campaign to Promote Energy Efficiency Updated On Sat, Jun 23rd, 2018 by Saurenergy “Normal human body temperature is approximately 36-37 degree Celsius, but large number of commercial establishments, hotels and offices maintain temperature around 18-21 degree Celsius,” Singh said. In a bid to reduce greenhouse gas emission, the Power and New & Renewable Energy Minister R.K Singh has launched a campaign in New Delhi to promote the energy […] Read more
Honda Installs Solar Energy System at its American Motor Campus Updated On Fri, Jun 22nd, 2018 by Saurenergy The installation, standing at 2.0 MW direct current, is Honda’s one of the largest on-sight renewable energy installations anywhere in the world. Adding to the move of shifting from conventional source of energy to green energy, Honda in US has started a solar energy system at the American Honda Motor campus in Torrance, Calif. The […] Read more
