Solar Power Project Developers Urge MNRE to Defer Auctions Updated On Mon, May 14th, 2018 by Saurenergy The non-issuance of rules and regulation related to the Inter-State Transmission System (ISTS) and General Network Access has worried developers. It has also caused uncertainty over grid connectivity for the renewable projects in the country. The lingering issue of transmission has prompted solar project developers to urge Ministry of New and Renewable Energy (MNRE) to […] Read more
ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
India Rapidly Progresses Towards Renewable Energy, says R K Singh Updated On Thu, May 10th, 2018 by Saurenergy “India is making quick progression in the field of renewable energy and the government is committed to achieving the said target by 2022,” said Minister of Power and New Renewable Energy (MNRE), R K Singh. India’s set target of touching 175 GW of renewable energy capacity addition has already seen the accomplishment of 70 GW […] Read more
Viz-A-Viz with Atul Arya, Head, Energy Systems, Panasonic India Updated On Mon, May 7th, 2018 by Saurenergy Q. How Panasonic is contributing towards India’s clean energy initiative? The management philosophy of Panasonic is based on the belief of its founder Konosuke Matsushita, who said: since a company runs its business by borrowing people, things, money, land, and so forth from the society, a company is “a public entity of society”. Following this […] Read more
Tata Power Posts Q4 Net at Rs 1,478 cr on Impairment Reversal for Mundra Updated On Thu, May 3rd, 2018 by Saurenergy “The consolidated net loss of the company stood at Rs 226.93 crore during the same period a year ago,” said Tata Power Company in a statement. India-based power generator and distributor Tata Power Company reported a robust consolidated net profit after tax at Rs 1,477.50 crore in January-March quarter of 2018, on the back of […] Read more
India-Japan to Work Together for Energy Security, Energy Access and Climate Change Issues Updated On Wed, May 2nd, 2018 by Saurenergy During the meeting, both the countries agreed to initiate the discussion towards development of Electric Vehicles (EVs) by collaborating with “Policy dialogue on next generation/ zero emission vehicles”. India and Japan have agreed on further strengthening of bilateral energy cooperation for energy development of both countries, and also contributing to worldwide energy security, energy access […] Read more
Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study Updated On Tue, May 1st, 2018 by Saurenergy Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […] Read more
Imagining Application of Water to Store Renewable Power is a Step-Away! Updated On Tue, May 1st, 2018 by Saurenergy This revolutionary yet cheap technology can store Solar and Wind energy subsequently and then easily can be fed to the grid and later redistributed when the demand is high. Imagining water to store electricity can surely make your drink one more glass right-away as scientist have discovered a battery that is known to operate through […] Read more
Govt Floats Massive 20,000MW Solar Power Capacity Updated On Tue, May 1st, 2018 by Saurenergy The new projects are likely to ramp up renewable energy production in the country from around 70 GW to around 225 GW in next four years. The NDA government ramping up to oust 100GW target after it is lately known to have shared proposals to issue tenders for 20 GW solar power capacities. The mammoth capacity […] Read more
