Aditya Birla Group with Lotus Renewables to launch a $100 million Global Clean Energy Fund: Report Updated On Fri, Mar 3rd, 2017 by Saurenergy The Global Clean Energy Fund will be managed by Singapore-based Aditya Birla Sun Life Asset Management Company Pte Ltd. Aditya Birla Group is reportedly gearing up to launch a $100 million Global Clean Energy Fund with Lotus Renewables. The fund is targeted at developing countries in Asia, including India, as well as Australia. K Gowri […] Read more
Amplus Energy to Set Up 1 MW Solar Power Rooftop at Snapdeal’s Warehouses Updated On Wed, Feb 15th, 2017 by Saurenergy E-commerce platform Snapdeal’s warehouses in different location will get 1 MW solar power rooftop systems. E-commerce platform Snapdeal is all set to embrace renewable energy with the company setting up solar power rooftop projects of total 1 MW at its warehouses across various locations. The project is being implemented by Amplus Energy Solutions, which will […] Read more
IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI Updated On Tue, Feb 14th, 2017 by Saurenergy “The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […] Read more
Adani Appoints Jennifer Purdie as CEO for Renewable Energy Unit in Australia Updated On Wed, Feb 8th, 2017 by Saurenergy Jennifer Purdie as the Chief Executive Officer will support the operations of Adani’s renewable energy business unit in Australia Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy […] Read more
Mytrah Energy signs pacts for 2000 MW Renewable Energy Projects in Andhra Pradesh Updated On Sat, Feb 4th, 2017 by Saurenergy Mytrah Energy has signed a deal worth Rs 13000 crore for the installation of 2000 MW Renewable Energy Projects spread across eight districts of Andhra Pradesh Mytrah Energy has signed pacts for 2000 MW of renewable Energy projects worth Rs 13,000 crore in Andhra Pradesh. The MoUs were inked in the presence Chief Minister N […] Read more
China Eyes £292bn Splurge in Renewable Power by 2020 Updated On Tue, Jan 31st, 2017 by Saurenergy China will invest 2.5tn yuan (£292bn) into renewable power generation by 2020, the country’s energy agency has said, committing the next step towards clean energy. The investment are known to create more than 13 million jobs in the sector, the National Energy Administration said in a blueprint document that lays out its plan to develop […] Read more
Asia Pacific will assume global leadership for clean energy in 2017: Frost & Sullivan Updated On Sat, Jan 21st, 2017 by Saurenergy Frost & Sullivan in its new report reveals that Asia Pacific will be global leader for clean energy and clean energy markets will remain positive in 2017, in the face of global uncertainty. The outlook for clean energy and environment markets in 2017 is seen to be balanced one with a slight positive inclination, despite […] Read more
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