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
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] 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
Indian Railways is giving a big push to renewable energy to attain cost efficiency: Suresh Prabhu Updated On Thu, Jan 12th, 2017 by Saurenergy The Railway Ministry is giving a big push to use renewable energy, electrification for ensuring sustainability and cost efficiency In a bid to adopt green energy, Indian Railways is giving a big push to renewable energy to attain cost efficiency said Railway Minister Suresh Prabhu on Wednesday. “The Railway Ministry is giving a big push […] Read more
India’s Two Renewable Energy Projects contributes towards Climate Battle Updated On Fri, Jan 6th, 2017 by Saurenergy Two world-leading renewable energy projects have opened in the Tamil Nadu contributing towards Climate Battle. A £3m industrial plant is capturing the CO2 emissions from a coal boiler and using the CO2 to make valuable chemicals. It is a world first. And just 100km away is the world’s biggest solar farm, making power for 150,000 […] Read more
2.51 Lacs Renewable Energy Certificates were traded in December at Indian Energy Exchange Updated On Sat, Dec 31st, 2016 by Saurenergy Renewable Energy Certificates are aimed at providing an easier avenue for various entities to meet their green energy obligations. A total of 251,000 Renewable Energy Certificates were traded in the REC trading session held on 28th December, 2016 at Indian Energy Exchange (IEX). The purchase this month has been on account of few utilities such […] Read more
India will be among the largest installations of renewable energy by 2022: Piyush Goyal Updated On Mon, Dec 26th, 2016 by Saurenergy Asserting that the present generation has the duty to leave behind a better place to live in for the next generation, Minister of State for Power, Coal, New and Renewable Energy and Mines Piyush Goyal on Saturday said by 2022, India will be one of the largest installations of renewable energy in world. Goyal also […] Read more
PTC India aims to infuse Rs. 600cr into PTC Energy, eyes generating 300MW renewable energy: Report Updated On Mon, Dec 12th, 2016 by Saurenergy PTC India is reportedly planning to pump-in Rs. 600crore into PTC Energy to generate 300MW renewable energy by March under the wholly-owned subsidiary. A senior company official with the power trading company speaking to Moneycontrol said “We will capitalise it to set up another 250 MW capacity. Our objective is to make it a 300 […] Read more