Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
Dominican Republic to Commission 361 MW Renewable Energy Projects by 2018 Updated On Fri, Apr 7th, 2017 by Saurenergy The announced renewable energy projects will be completed with an investment of US$780 million, which would include three solar and five wind farms. The Dominican Corporation of State Electric Companies has announced that the company has begun the work on eight renewable-energy projects that will provide 361.2MW of new generation capacity to the country’s grid […] Read more
ReNew Power Invests INR 6700 Crore to Double its Renewable Energy Capacity in One Year to Cross 2GW Updated On Thu, Apr 6th, 2017 by Saurenergy In a single year, ReNew Power has doubled its renewable energy generation capacity to cross 2000 MW. ReNew Power Ventures Pvt. Ltd. (“ReNew Power”), India’s leading renewable energy Independent Power Producer has announced that the company has doubled its power generation capacity in a single year’s time to cross 2 GW. In the financial year […] Read more
Indian Railways to Add 1000 MW of Solar Power, 200 MW of Wind Energy: Suresh Prabhu Updated On Thu, Apr 6th, 2017 by Saurenergy Indian Railways will be able to draw 25 per cent of its energy needs from renewables and achieve the target of 5 GW of solar power by 2025. Railway Minister Suresh Prabhu has said that railways plans to use renewable energy in a “big” way and is looking to add 1,000 MW of solar power […] Read more
European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
Hyderabad based Greenko raises 155 Million Dollars Equity from GIC and Abu Dhabi Investment Authority Updated On Tue, Mar 28th, 2017 by Saurenergy India’s Greenko Energy has raised $155 million equity funding from ADIA and an affiliate of global investment firm GIC to expand its clean energy portfolio to 3 GW from 2GW. Indian renewable energy firm Greenko Energy Holdings has signed up primary equity funding of $155 million (about Rs 1008 crore) from an affiliate of global […] Read more
Samsung SDI Launches New Lineup of ESS Batteries at Energy Storage Europe 2017 Updated On Wed, Mar 15th, 2017 by Saurenergy The common feature of Samsung SDI’s E2 and P3 Batteries is that their energy density is improved by increasing capacity while retaining the size of previous ESS containers. Samsung SDI launched new lineup of its comprehensive ESS solutions at the Energy Storage Europe 2017, an international exhibition dedicated to ESS batteries and renewable energies. The […] Read more
Apple to Utilize 100 Percent Renewable Energy for Manufacturing in Japan Updated On Fri, Mar 10th, 2017 by Saurenergy Apple has partnered with component supplier Ibiden to power all of its manufacturing in Japan with 100 percent renewable energy. Component supplier Ibiden is the first company in Japan to pledge it will power all of its Apple manufacturing with 100 percent renewable energy — a new milestone for Apple and Japan. The announcement marks […] Read more
Solar Energy Market to Reach $422 Billion, Globally, by 2022 – Allied Market Research Updated On Thu, Mar 9th, 2017 by Saurenergy Geographical footprint has affected the growth of solar energy market, owing to decrease in conversion efficiency of solar panels said Allied Market in its report Allied Market Research in its new report “Solar Energy Market – Global Opportunity Analysis and Industry Forecast, 2014 – 2022”, forecasts the solar energy market to reach $422 billion by […] Read more
