Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022 Updated On Mon, Feb 6th, 2017 by Saurenergy The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […] Read more
WPPI Energy, NextEra Energy Resources to build 100MW solar energy center in Wisconsin Updated On Tue, Jan 31st, 2017 by Saurenergy WPPI Energy has entered into a 20-year PPA to buy the electricity from the 100MW solar energy center to serve its 51 member utilities and their customers across Wisconsin, Upper Michigan and Iowa. WPPI Energy and NextEra Energy Resources has announced plans to build a 100MW solar energy center – Wisconsin’s largest – with a […] Read more
MNRE asks States to Prepare Conducive Policies for Renewable Energy Updated On Fri, Jan 27th, 2017 by Saurenergy MNRE Secretary Rajeev Kapoor suggests on preparing Conducive Policies for Renewable Energy Ministry of New and Renewable Energy Secretary Rajeev Kapoor has called upon state governments to prepare a conducive policy regime for the renewable sector. Speaking at the concluding session of National Review Meeting with state government officials, he emphasized on the need to […] Read more
Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy Updated On Tue, Jan 24th, 2017 by Saurenergy GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […] Read more
Saudi Arabia to Launch Multi-billion Renewable Energy Schemes Updated On Fri, Jan 20th, 2017 by Saurenergy World’s largest oil exporter vies to diversify its focus to Renewable Energy Saudi Arabia is set to launch a renewable energy programme worth up to $50 billion, as the world’s largest oil exporter vies to diversify its economy, its energy minister stated. “This is the first time we talk about the specific programme,” minister Khaled […] Read more
Renewable Energy and Automation Specialist Schneider Electric acquires Renewable Choice Energy Updated On Fri, Jan 20th, 2017 by Saurenergy Acquisition will provide clients with unparalleled access to new renewable energy opportunities around the globe Schneider Electric, the global specialist in energy management and automation, has announced the acquisition of Renewable Choice Energy, a leader in helping commercial, industrial, and institutional clients navigate their renewable energy purchasing options. Already recognized as one of the world’s […] Read more
Ministry of Commerce & Industry releases Make in India New and Renewable Energy Sector – Achievement Report Updated On Thu, Jan 19th, 2017 by Saurenergy The New & Renewable Energy sector has witnessed the highest ever-solar power and wind power capacity addition over the last two years since April 2014. The Government has set a target of 175 GW of renewable energy capacity by end of 2022, making it the largest expansion in the world and providing plenty of opportunities […] Read more
Tata Power Become Largest Renewable Energy Company In India with 3,060 MW operating capacity Updated On Tue, Jan 17th, 2017 by Saurenergy The company is also in the process of implementing nearly 500 MW of renewable power projects at various locations. Tata Power announced that the Company’s total generation from non-fossil operating capacity stands at 3060 MW, making it the largest renewable energy Company in India. The company’s renewable energy portfolio comprises of 693 MW of Hydro, […] Read more
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] Read more
