Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd Updated On Sat, Sep 29th, 2018 by Saurenergy Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […] Read more
Entrepreneurs Display Interest in Solar Energy, EVs in Uttarakhand Updated On Sat, Sep 29th, 2018 by Saurenergy The push towards certain class of industry backing sustainability is also believed to have come with the new policies of the center and Uttarakhand Government. Entering into the group of states adopting measures to cut short on fossil fuel use, Uttarakhand, ahead of the investors’ summit to be held on October 7, has attracted a […] Read more
Azure Power Gets LoI to Electrify HAL Updated On Fri, Sep 28th, 2018 by Saurenergy The project will be developed by the company within HAL estate area of approx 30 acres. Indian solar power producer Azure Power has received a letter of intent for a 6 MW solar project won an auction conducted by Odisha Renewable Energy Development Agency (OREDA) for Hindustan Aeronautics Ltd (HAL). The capacity won is 100 […] Read more
World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally Updated On Fri, Sep 28th, 2018 by Saurenergy Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […] Read more
innogy to Kick Off Australia’s Largest Solar Power Plant Construction Updated On Fri, Sep 28th, 2018 by Saurenergy Limondale project is located near Balranald, New South Wales and the company commences the preparation works and pre-pilling tests. Following the acquisition completion in mid-September, German energy firm innogy SE has decided to construct Australia’s largest solar project – Limondale with an installed capacity of 349 MWp. Limondale project is located near Balranald, New South […] Read more
India’s Renewable Energy Addition Falls Almost 20% YoY: Report Updated On Thu, Sep 27th, 2018 by Saurenergy According to data compiled on Renewable Energy by the consultancy firm, Bridge to India, India has added utility scale solar and wind power capacity of 9 GW in the last year till September 30th, 2018. Even after an aggressive approach towards renewable energy development in order to achieve the target of 177 GW by the […] Read more
Tata Power, HPCL Ink Pact for Setting-up Commercial-Scale EV Charging Stations Updated On Thu, Sep 27th, 2018 by Saurenergy As per the deal, both the companies have agreed to collaborate in planning, development and operation of charging infrastructure for EVs (e-cars, e-rickshaws, e-bikes, e-buses, etc.), at suitable locations across India. Country’s one of the leading integrated power company Tata Power and Hindustan Petroleum Corporation (HPCL), a Navratna oil & gas PSU, has signed the […] Read more
Statkraft to Invest $1.2 Bn in Renewable Energy Updated On Thu, Sep 27th, 2018 by Saurenergy In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […] Read more
Reverse Bidding to Continue in Renewable Energy Sector, says R K Singh Updated On Wed, Sep 26th, 2018 by Saurenergy “We will accept bids which are reasonable. If we come across bids which we consider to be excessive, we will cancel them,” the Minister said. The Power and New & Renewable Energy Minister R K Singh said that the government will not accept any unreasonable bids for renewables like solar and wind and continue to conduct […] Read more
