Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy Updated On Tue, Oct 31st, 2017 by Saurenergy The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
State Bank of India Floats Fund for Solar Power Projects Updated On Tue, Oct 31st, 2017 by Saurenergy SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […] Read more
Indian Solar Power Market Witnesses Change in Demand-Supply Landscape Updated On Mon, Oct 30th, 2017 by Saurenergy Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […] Read more
US Energy firm GIP Buying Asia’s largest Renewable Energy Producer Updated On Mon, Oct 30th, 2017 by Saurenergy Equis energy biggest renewable energy platform in Asia has cut deal with GIP for $3.7 billion. United States based firm GIP- Global Infrastructure partner is set to buy Asia’s largest renewable energy producer Equis for $3.7 billion. Singapore based Equis is Asia’s producer in renewable field with Five solar and wind assets in Philippines. Considerate the […] Read more
Green energy Should Power India: Modi Updated On Mon, Oct 30th, 2017 by Saurenergy PM Modi addresses several thousands of people at the grounds, who gathered for a mass recital of Soundarya Lahari, with the set of Shlokas of Indian philosopher Adi Shankaracharya. Bangalore, Green energy like solar power would power India as 175 GW of electricity is expected to be generated from renewable sources, Prime Minister Narendra Modi said. Modi said over Rs 11,000 […] Read more
Encourage Members to Increase Renewables in Energy Mix: R K Singh to IEA Updated On Thu, Oct 26th, 2017 by Saurenergy The four main areas of focus of IEA will be energy security, economic development, environmental awareness and engagement worldwide. The International Energy Agency (IEA) should encourage its member countries to increase share of renewables in their energy baskets, Power Minister R K Singh told the press. “IEA should encourage all its member countries to increase […] Read more
Grid Management – Re-Balancing Power Generation Updated On Thu, Oct 26th, 2017 by Saurenergy Power sector in India has witnessed tremendous growth in its energy demand, generation capacity, transmission and distribution networks. Renewable energy generation in India has been steadily on rise. With 175GW target of clean energy, it became necessary to have a grid that was highly adaptive (in terms of supply and demand). A good electric supply […] Read more
ABB Sees India as a Potential Location for its Microgrid Solutions Updated On Wed, Oct 25th, 2017 by Saurenergy A microgrid has the potential to contribute towards energy self-sufficiency in India given the country’s huge requirement for electrification, and the government’s push for renewable energy. Global power and automation player ABB is looking at India as a potential location for its microgrid solutions given the country’s huge requirement for electrification, and the government’s push […] Read more
