India’s RE Capacity Stands At 114 GW Till June, 61 GW Short Of 2022 Target Updated On Wed, Jul 20th, 2022 by Saurenergy The Members of Parliament were separately informed by the Ministers of New and Renewable Energy in the Parliament on July 19 that India’s renewable energy capacity (excluding large hydro) stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development. India has set a target of having […] Read more
Odisha to Provide Solar Power Pumps to its Farmers Updated On Wed, Jul 20th, 2022 by Saurenergy Solar power is making some strides in the life of the ordinary citizens in the state of Odisha with intervention of the government through solar power. In a fresh development, State Minister for Industries, Pratap Keshari Deb spoke in the State Assembly that his government is targeting to provide 584 solar powered pumps to the […] Read more
Indian Oil, NTPC Form JV For 650 MW RE Updated On Tue, Jul 19th, 2022 by Saurenergy India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […] Read more
UAE To Invest in 300 MW Hybrid Project as Part of $2 Billion Investment in India Updated On Tue, Jul 19th, 2022 by Saurenergy Under the framework of the four-nation grouping ‘I2U2′ (India, Israel, USA and UAE), the United Arab Emirates will make an investment worth $2 billion to establish a series of integrated food parks across India. This decision was announced in the first virtual summit held under the leaders of the grouping — Indian Prime Minister Narendra […] Read more
GreenZo, API Power To Build 50 MW Green Hydrogen Plants In Nepal Updated On Tue, Jul 19th, 2022 by Saurenergy Delhi based solar energy developer GreenZo Energy has said that it has signed a Memorandum of Understanding (MoU) with Nepal based power company API Power for the development of 50 MW green hydrogen plants in Nepal. The plants will come up within a span of 3 years. The pact was signed in Kathmandu. Describing the […] Read more
Torrent Power Eyes Expansion Through New Acquisitions & Bids Updated On Tue, Jul 19th, 2022 by Saurenergy The annual report of Torrent Power reveals that the company is looking to expand its renewable energy portfolio by the way of fresh acquisitions of existing projects. Torrent is also keen to enter the sectors of transmission and distribution through privatization and franchising. The total power producing portfolio of Torrent currently stands at 4,975 MW […] Read more
China’s Old Silk Road Shines Again, With Solar Managed By GoodWe Playing A Role Updated On Mon, Jul 18th, 2022 by Saurenergy China’s dominance of the solar PV market is no surprise to those who are aware of the massive effort the government there has put behind developing it’s capabilities. Solar players in China benefit not just from significant government backing, but also a massive domestic market that has emerged to provide them the greatest opportunity seen […] Read more
AP Identifies 29 Locations For 33 GW PSP Projects Updated On Mon, Jul 18th, 2022 by Saurenergy Andhra Pradesh has identified about 29 locations across the state for development of Pumped Hydro Storage Projects (PSP) totaling the capacity of 33 GW in 1.45 lakh acres of land in Kadapa, Kurnool, Anantapur districts. Rolling out the PSP projects, Non-Conventional Energy Development Corporation of Andhra Pradesh Limited will help lease around 5 lakh acres […] Read more
India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more