Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
India Intends to Partner with UN to Promote Solar Energy Updated On Thu, Jun 7th, 2018 by Saurenergy While expressing his optimism and hope Syed said that by the next year’s World Environment Day commemoration, solar energy will be part of the energy mix used in the UN headquarters. As part of the efforts to protect and preserve the environment, India’s Permanent Representative to the UN Syed Akbaruddin said, that the country aims […] Read more
JinkoSolar US Arm Inks 1.43 GW Solar Panel Supply Pact with sPower Updated On Wed, Jun 6th, 2018 by Saurenergy The deal includes significant down payments, which will help Jinko expand its manufacturing capacity in the United States and Asia. One of the leading PV modules supplier JinkoSolar Holding’s US subsidiary has signed a three-year deal to supply 1.43 GW of high-efficiency modules to sPower. sPower is the leading renewable energy independent power producer (IPP). […] Read more
Renewable Energy Attracted $42 Bn of Investment in 4 Years: MNRE Updated On Tue, Jun 5th, 2018 by Saurenergy New opportunities have emerged. Altogether new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. An investment of $42 billion was attracted by India’s Renewable Energy Sector in last four years and over the same period of time, the green energy projects created over 10 […] Read more
World Saw Largest Rise in Renewable Energy Capacity in 2017: Report Updated On Tue, Jun 5th, 2018 by Saurenergy Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the […] Read more
MahaMetro to Save Rs 12 Cr on Power Bills by Going Solar Updated On Tue, Jun 5th, 2018 by Saurenergy The cost of solar power per unit is Rs 3.58 whereas the MSEDCL supplies it for Rs 9.67 per unit. On top of the three metro stations, the MahaMetro has started installing solar panels that will supply power to stations. In order to save charges on its power bills, MahaMetro will supply solar power to […] Read more
A Path breaking Journey in Renewable Energy through last 4 years Updated On Tue, Jun 5th, 2018 by Saurenergy Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […] Read more
Job Searches Surge by 76 Percent in Renewable Energy Sector in 3 Years Updated On Mon, Jun 4th, 2018 by Saurenergy ‘Currently, with the center’s focus on renewable energy, the Indian industry is adopting energy efficient tools and technologies. This bodes well for the ecology and the economy, and with a structured approach to policy implementation, the sector holds the potential to emerge as the foremost sunrise industry in the country, the firm said in a statement. […] Read more
Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] Read more
