Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and UAE Updated On Thu, Jun 8th, 2017 by Saurenergy The cost of renewables is well below equivalent costs for fossil fuel and nuclear generating capacity in India, Denmark, Egypt, Mexico, Peru and UAE Renewables are becoming the least cost option in India, Denmark, Egypt, Mexico, Peru and the United Arab Emirates, a global multi-stakeholder renewable energy policy network said on Wednesday. It said record […] Read more
Major ports slipping up on renewable energy targets and also pointing to the problems Updated On Wed, Jun 7th, 2017 by Saurenergy The ports, coming under the Shipping Ministry, have been able to commission only 22.66 MW of solar and wind energy projects, less than 15 per cent of the target given in October 2015 India’s overall goal for green energy in the country is an ambitious 175 gigawatts (GW) by 2022. Each of the ministries has […] Read more
Equis Energy Completes 130 MW of Solar Power Capacity in India Updated On Wed, Jun 7th, 2017 by Saurenergy The solar power parks at in Sadasivpet and Minpur produces 211,116 MWh of electricity a year. Singapore-based renewable energy developer, Equis Energy has commissioned two solar parks in India’s Telangana state, with a combined generating capacity of 130 MW. The solar parks are located in Sadasivpet and Minpur. The Sadasivpet park was completed a month […] Read more
Adani Green Energy no longer a subsidiary of Adani Enterprises Updated On Wed, Jun 7th, 2017 by Saurenergy Pursuant to the allotment of further equity shares by Adani Green Energy Ltd (AGEL), the company’s stake in AGEL has been diluted below 50 per cent Adani Enterprises has announced that Adani Green Energy Ltd is no longer its subsidiary as its stake has been diluted below 50 per cent in the arm. “…pursuant to […] Read more
Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
SunPower to Supply 64 Megawatts in First Round of French’s Tender Process for Rooftop Solar Projects Updated On Thu, Jun 1st, 2017 by Saurenergy In March this year, SunPower announced that it was the leading solar panel provider in the first round of France’s tender process for large-scale solar power project SunPower has announced that in the first round of France’s tender process for rooftop solar projects, the company will supply 64MW of its high efficiency SunPower E-Series solar […] Read more
PuREnergy and My Home Group Signs MoU for Innovative Solar Power Systems Updated On Wed, May 31st, 2017 by Saurenergy Both PuREnergy and My Home Group will execute the projects jointly in the area of solar power and deliver innovative solar power systems. Diversified city-based conglomerate My Home Group has announced that it has signed a MoU with city-based startup PuREnergy to implement innovative solutions in the area of solar power. As per the MoU, […] Read more
PM Modi Begins Four-Nation Tour, clean energy among others on future roadmap of cooperation Updated On Mon, May 29th, 2017 by Saurenergy Modi said he and Merkel will “chart out a future roadmap of cooperation with focus on trade and investment, security and counter-terrorism, innovation and science and technology, skill development, urban infrastructure, railways and civil aviation, clean energy, development cooperation, health and alternative medicine.” PM Narendra Modi begins his four-nation tour of Germany, Spain, Russia and […] Read more