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
Suzlon acquires five solar companies to implement various renewable energy projects Updated On Wed, Apr 20th, 2016 by Saurenergy Suzlon Energy Ltd on Tuesday announced that it has acquired five solar energy companies for an undisclosed sum to help implement various renewable energy projects across the country. The firm informed BSE in a regulatory filing that it has acquired Gale Solarfarms, Tornado Solarfarms, Abha Solarfarms, Aalok Solarfarms and Shreyas Solarfarms to implement various renewable […] 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
EDF Renewable Energy signs 15 year PPA with a California Utility for 111 MWac Solar Project Updated On Thu, Apr 7th, 2016 by Saurenergy EDF Renewable Energy has signed a 15-year Power Purchase Agreement with Southern California Edison (SCE) for 111.2 megawatt alternating current (MWac) solar project. The Valentine solar project will deliver clean electricity to SCE starting December 2019. Valentine Solar spreads across 1,260 acres of private land in Kern County’s Mojave Desert, adjacent to company’s Catalina Solar […] Read more
3000 Indian villages to get electricity through renewable energy sources under the DDUJGY scheme: Piyush Goyal Updated On Fri, Mar 4th, 2016 by Saurenergy Government is gearing up to electrify about 3000 villages through renewable energy sources. Minister of State (IC) for Power, Coal and New & Renewable Energy- Piyush Goyal said that out of un-electrified villages, about 3000 villages to be electrified through renewable energy sources under the DDUJGY scheme. Union Finance Minister Arun Jaitley in his budget […] 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
