ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
Solar at Forefront of India’s Electricity Generation: IEEFA Updated On Wed, May 9th, 2018 by Saurenergy A number of announcements in this April show momentum building. Solar technology continues to advance, with floating solar, hybrid wind-solar-battery and blended solar-thermal tariff developments now underway. Touching yet another milestone India in the years 2017-2018 installed 10 GW of solar electricity capacity across the country. As compared to previous years the capacity addition is […] Read more
Renewable Energy Industry Creates 5 Lakh New Jobs Globally Updated On Tue, May 8th, 2018 by Saurenergy In a recent report published by International Renewable Energy Agency (IRENA) titled ‘Renewable Energy and Jobs – Annual Review’, it says the 10 million mark was surpassed for the first time as the industry gave jobs to around 10.3 million in 2017. In a steep growth in 2017, renewable energy industry created over 500,000 new […] Read more
India to Supply Solar Panels for Guatemala’s Airports Updated On Tue, May 8th, 2018 by Saurenergy Naidu’s visit is highest level from either side since establishment of diplomatic ties between the two countries in 1972. In a significant development for the renewable sector, India has agreed to supply solar panels for the Guatemala’s airports. This decision was one of the several outcomes of extensive talks Vice President of India M. Venkaiah […] Read more
Viz-A-Viz with Atul Arya, Head, Energy Systems, Panasonic India Updated On Mon, May 7th, 2018 by Saurenergy Q. How Panasonic is contributing towards India’s clean energy initiative? The management philosophy of Panasonic is based on the belief of its founder Konosuke Matsushita, who said: since a company runs its business by borrowing people, things, money, land, and so forth from the society, a company is “a public entity of society”. Following this […] Read more
India Relegates in Global Renewable Market Index, Ranks at Spot 4 Updated On Sat, May 5th, 2018 by Saurenergy A report by UK accountancy firm, Ernst & Young (EY) has attributed the relegation in India’s ranking to the latest auctions in which the wind and solar tariffs were kept low. Indian has slipped two ranks in renewable energy country attractive index making it rank 4th in the list preceded by China, US and Germany. […] Read more
India-Japan to Work Together for Energy Security, Energy Access and Climate Change Issues Updated On Wed, May 2nd, 2018 by Saurenergy During the meeting, both the countries agreed to initiate the discussion towards development of Electric Vehicles (EVs) by collaborating with “Policy dialogue on next generation/ zero emission vehicles”. India and Japan have agreed on further strengthening of bilateral energy cooperation for energy development of both countries, and also contributing to worldwide energy security, energy access […] Read more
Imagining Application of Water to Store Renewable Power is a Step-Away! Updated On Tue, May 1st, 2018 by Saurenergy This revolutionary yet cheap technology can store Solar and Wind energy subsequently and then easily can be fed to the grid and later redistributed when the demand is high. Imagining water to store electricity can surely make your drink one more glass right-away as scientist have discovered a battery that is known to operate through […] Read more
Grundfos Eyes on Solar, Smart Pumps to Double India Revenue Updated On Fri, Apr 27th, 2018 by Saurenergy Grundfos is using energy efficient, IT-enabled offerings from its Danish parent’s portfolio. That is apart from the locally-developed solar pumps that are available in Indian market. In a bid to double its revenue to Rs 1,000 Crore, Grundfos India Ltd is expanding its network by betting big on ‘Make in India’ solar pump for rural […] Read more