ICRA estimates the capacity addition in the renewable energy sector to increase to 8.8 GW in FY 2017 Updated On Thu, Apr 21st, 2016 by Saurenergy ICRA has estimated the solar capacity addition to increase to about 5.7 GW in FY2017 as against the 3.0 GW seen in FY2016 based on the tenders already floated and proposed for award of solar projects under various State and Central Government policies so far. However, ICRA in its report notes that in the wind […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Welspun Renewables’ extends Solar Capacity in Punjab Updated On Sat, Mar 5th, 2016 by Saurenergy Welspun Renewables is reported to have extended it solar capacity in Punjab by 4 MW (AC). Evaluating Punjab to a green energy run, the latest addition comes is thenceforth of its 32 MW (AC) Bathinda solar project. The two projects combined together will be annually feeding 54.37 million units of clean energy to the grid. Consequent […] Read more
MNRE invites Comments / Views on Implications of GST on delivered cost of Renewable Energy by 15th March. Updated On Wed, Mar 2nd, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) has invited comments and views of the implications of Goods and Service Tax (GST) on delivered cost of Renewable Energy by 15th March, 2016. To understand implication of GST on the delivered cost of renewable energy MNRE commissioned a study in July 2015 which then stated that implementation […] Read more
IEEE Technology Foresee for the year 2016 – Clean & Renewable Energy Dominant Trend Updated On Tue, Feb 9th, 2016 by Saurenergy 2016 will witness an increased share of technological innovation in the energy sector with a focus on ‘global clean energy,’ reckons IEEE. The pioneer technology group experts perceives that newer and more efficient ways to consume energy using renewables sources as well as energy efficiency will be one main focus this year. The principal element of this revolution is […] Read more
Demystifying Renewable Energy and Its Process Updated On Wed, Dec 16th, 2015 by Saurenergy The energy which are captured from existing streams of energy like on-going normal procedures for example, daylight, wind, streaming water, natural procedures (natural processes) and geothermal heat streams are the renewable energy (sources) or RES. The known definition is that renewable energy is from an energy asset that is supplanted quickly by a characteristic process, […] Read more
Jindal India RE Targets BESS Market With 5 GWh Capacity Updated On Wed, Sep 18th, 2024 by Saurenergy Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the Battery Energy Storage Systems (BESS). The company plans to build 1 GWh battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with 5 GWh capacity by 2027. To achieve this, the company […] Read more
Adani Group Secures a 6.6 GW Solar,Thermal deal with MSEDCL Updated On Mon, Sep 16th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), India’s leading renewable energy provider, and Adani Power Limited (APL), the largest private thermal power producer in the country, have announced a new agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL). This deal will provide Maharashtra with a total of 6.6 GW of energy from both solar and thermal […] Read more
Jharkhand Plans RESCO Aid To Boost Solar Growth In Giridih Updated On Thu, Sep 12th, 2024 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has now decided to rope in the services of RESCO (Renewable Energy Service Company) to boost the growth of solar energy in Giridih. Giridih is the proposed solar city of Jharkhand. As the per the plan of the state renewable agency of Jharkhand, JREDA seeks to develop a […] Read more