J&K Cabinet Okays Setting Up of JK Renewable Energy Corporation Updated On Wed, Apr 25th, 2018 by Saurenergy The corporation will be a private limited company wholly owned by the state government with an authorised share capital of Rs 1 crore fully paid up and subscribed by the Jammu and Kashmir government. In a move to boost the usage of green energy, the Cabinet of Jammu and Kashmir has given its approval for […] Read more
SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
Green Energy Association Mulls to Move SC Against APTEL Order on RECs Updated On Mon, Apr 16th, 2018 by Saurenergy Last week, the Appellate Tribunal for Electricity (APTEL) had rejected the petition of Green Energy Association and other similar pleas against the CERC’s order. Industry body Green Energy Association is planning to move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. The Green […] Read more
Surat Tops Among Green Energy Producers in India Updated On Fri, Apr 13th, 2018 by Saurenergy SMC produces 86.5 GWh of renewable energy as compared to its per year requirement of 245 GWh, which is 35 percent of its requirements. The municipal body of the diamond city, Surat Municipal Corporation (SMC), produces nearly 40 MW of renewable energy from solar, wind and biogas. Also, additional 10 MW of green energy is expected to […] Read more
Need to Tap Renewable Energy, says Venkaiah Naidu Updated On Fri, Apr 13th, 2018 by Saurenergy Renewable energy was a major solution in fighting climate change and meet the increasing energy demand in the country, he said. Referring to the enormous demand for the conventional sources of energy such as oil and gas in the country, Vice President of India M Venkaiah Naidu has emphasised upon the need to tap the country’s renewable […] Read more
Apple Turns 100% Renewable Energy Powered Worldwide Updated On Tue, Apr 10th, 2018 by Saurenergy This achievement includes retail stores, offices, data centres and co-located facilities in 43 countries including the United States, the United Kingdom, China and India. In a bid to combat climate change, US tech giant Apple said its global facilities are now powered by 100 percent clean energy. This achievement includes retail stores, offices, data centres […] Read more
GEDA Identifies 13 Offices of Goa Power Dept to Run on Solar Energy Updated On Fri, Apr 6th, 2018 by Saurenergy Six in South Goa and seven in North Goa will have grid connected rooftop solar plants. The Goa Energy Development Agency (GEDA) has identified 13 sub-division offices of the Goa electricity department that will be solar powered. Out of the thirteen sub-division offices, six in South Goa and seven in North Goa will have grid connected rooftop solar plants. GEDA has floated […] Read more
SA Signs Renewable Energy Deals with IPP Updated On Thu, Apr 5th, 2018 by Saurenergy The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […] Read more
