Tata Power Renewable Energy Commissions 100 MW Solar Project in AP Updated On Mon, Jul 2nd, 2018 by Saurenergy We plan to add around 1,000 Mw renewable energy capacity to our portfolio every year, scaling it to 45-50 percent in the next five years, largely through organic growth India’s largest power integration company, Tata Power Renewable Energy Ltd (TPREL) announced it has commissioned a 100 MW solar power plant at Anthapuramu Solar Park in […] Read more
CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
Regulatory Challenges to Prolong, No Respite for Renewable Energy Certificates Updated On Tue, Jun 26th, 2018 by Saurenergy The obligated entities may prefer to continue to buy renewable power directly rather than using renewable energy certificates (DECs), to comply with their renewable power obligations There would be a lot of regulatory challenges that renewable certificates will continue to face and obligated entities may prefer to buy clean energy directly. India Rating and Research said, “The […] Read more
Nigeria Eyes 30% Renewable Energy by 2030 to National Grid Updated On Fri, Jun 22nd, 2018 by Saurenergy A loan of $66m and $8m was granted to Nigeria for the solar project after it joined other countries to sign the International Solar Alliance (ISA) in March 2018 in New Delhi, India. Intensifying its collaboration with India on clean energy, the Federal Government of Nigeria has set a target for 30 percent renewable energy […] Read more
Samsung to Increase Renewable Energy Use to Curb Global Warming Updated On Thu, Jun 14th, 2018 by Saurenergy Samsung, the world’s biggest smartphone maker, and South Korea’s biggest corporate group, is the first electronics manufacturer to join a movement spearheaded by Apple and other Silicon Valley companies. In order to help in curbing the global warming, Samsung Electronics join the global list of companies that are promising to increase their use of solar and other renewable […] Read more
Renewable Energy Pact with Peru Approved by Union Cabinet Updated On Thu, Jun 14th, 2018 by Saurenergy The agreement aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. For the promotion of renewable energy projects in the country, a Union cabinet chaired by Prime Minister Narendra Modi approved an […] Read more
Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns Updated On Wed, Jun 13th, 2018 by Saurenergy The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent. Tata Power’s wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in […] Read more
Renewable Energy Attracted $42 Bn of Investment in 4 Years: MNRE Updated On Tue, Jun 5th, 2018 by Saurenergy New opportunities have emerged. Altogether new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. An investment of $42 billion was attracted by India’s Renewable Energy Sector in last four years and over the same period of time, the green energy projects created over 10 […] Read more
World Saw Largest Rise in Renewable Energy Capacity in 2017: Report Updated On Tue, Jun 5th, 2018 by Saurenergy Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the […] Read more
