Eastern Railway to Adopt Solar Power to Reduce Dependence on Non Renewable Energy Updated On Sat, Jun 10th, 2017 by Saurenergy Eastern Railway has identified a potential of generating 10.17 MWp of solar power and reduce its dependence on non renewable energy. Eastern Railway has embarked on a mission to harness solar power, a renewable source of energy in perpetuity and thus reduce its dependence on non renewable energy sources. In step, it has identified a […] Read more
Haryana govt to set up Rs.500 Crore renewable energy project at Jhajjar, China Light and Power offers to join hands Updated On Thu, May 25th, 2017 by Saurenergy A senior level team from China Light and Power met the CM of Haryana in Hong Kong on Wednesday morning. They discussed a proposal for setting up a renewable energy project at Jhajjar with an investment of Rs.500 Crore. While China Light and Power has offered to join hands with the Haryana government in setting […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan Updated On Thu, May 11th, 2017 by Saurenergy Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […] Read more
PM Modi reviews progress of key infrastructure sectors including renewable energy, petroleum, natural gas, power and housing Updated On Tue, May 9th, 2017 by Saurenergy “Remarkable progress has been made in several sectors, including generation of renewable energy, affordable and rural housing, LED bulbs etc.” Prime Minister Narendra Modi on Tuesday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing. The review meeting, which came soon after the review of connectivity-related infrastructure sectors […] 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
Haryana Renewable Energy Department Releases New Software for Solar Power Billing Updated On Wed, Apr 5th, 2017 by Saurenergy New Software for Solar Power Billing will be used from May in Haryana owing to the glitches in net meters. Haryana Renewable Energy Department (HAREDA) has announced that the billing software as per guidelines of the 2014 solar power plant scheme is now ready. The decision to develop new billing software comes amid complaints that […] Read more