India Far from 100GW Solar Power Target: CRISIL Updated On Mon, Aug 13th, 2018 by Saurenergy The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […] Read more
India’s Energy deficit Shrinks to less than 1% in 2018: NITI Ayog Updated On Thu, Aug 9th, 2018 by Saurenergy Cumulative installed capacity has nearly doubled, from 35.5 GW in 2013-14 to about 70 GW in 2017-18. The installed power generation capacity in India has risen to 344 GW and its energy deficit, which stood at over 4 per cent in 2014, has shrunk to less than one per cent in 2018, an official release said. NITI […] Read more
Rural Electrification- Another Feather in India’s Cap Updated On Thu, Aug 9th, 2018 by Saurenergy After India took over driver’s seat and successfully parks the car of International Solar Alliance (ISA) Summit in March this year, Asia’s third largest economy continued its rollercoaster ride in April too, and once again scripted history by hitting the target of electrifying all villages ahead of the deadline. In 2014, when Narendra Modi chaired […] Read more
National Energy Storage Mission Updated On Thu, Aug 9th, 2018 by Saurenergy An Expert Committee under the chairpersonship of Secretary, Ministry of New and Renewable Energy, with representatives from relevant Ministries, industry associations, research institutions and experts was constituted by the Ministry of New & Renewable Energy to propose draft for setting up National Energy Storage Mission (NESM) for India. The Expert Committee referred has proposed a […] Read more
PM Modi Audited Execution of Energy and Mining Sector Programs Updated On Wed, Aug 8th, 2018 by Saurenergy The PM Modi review meeting lasted for two hours and was attended by top officials from infrastructure-related Ministries, NITI Aayog, and PMO. In order to assure the credibility of energy and mining sector, PM Modi reviewed key infrastructure sectors of power, renewable energy, petroleum and natural gas, coal, and mining. The review meeting lasting for two […] Read more
CLP India Fends off Aggressive Solar Power Bidding Updated On Wed, Aug 8th, 2018 by Saurenergy India’s largest wind power player, CLP India is instead going to zero in on acquisitions of upcoming new energy projects. A wholly-owned subsidiary of Hong Kong based CLP Holdings, CLP India has claimed to stay away from the ongoing aggressive solar bidding. India’s largest wind power player, CLP India is instead going to zero in […] Read more
India Will Easily Attain 100 GW Solar Energy Target BY 2022: MNRE Minister Updated On Tue, Aug 7th, 2018 by Saurenergy National Institute of Solar Energy (NISE) has benchmarked the country’s solar capacity at 748 GW backing the solar energy target. In a written reply in Rajya Sabha, it was assured that India, with all comforts, will attain the 100 GW solar energy target by 2022 and has already installed solar energy capacity of 23.12 GW […] Read more
Apple Partners with Swiss Re, Akamai and Etsy to develop Renewable Energy Updated On Tue, Aug 7th, 2018 by Saurenergy The plant collectively is expected to produce 290 MW of addition power in the Pennsylvania, Jersey, Maryland (PJM) Power Pool grid catering major parts of Eastern U.S. As part of its environmental efforts, Apple has partnered with e-commerce player- Etsy, reinsurance company- Swiss Re and Cambridge’s cloud service provider- Akamai Technologies to develop two new wind […] Read more
Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’ Updated On Mon, Aug 6th, 2018 by Saurenergy The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […] Read more