GUVNL Extends the Bidding Deadline for 1000MW Renewable Power Updated On Sat, Jul 8th, 2017 by Saurenergy The lack of clarity on GST rates has prompted Gujarat Urja Vikas Nigam Ltd to extend extended the deadline for submitting bids for 1000MW solar and wind power supply. Gujarat Urja Vikas Nigam Ltd (GUVNL) has extended the deadline for submitting bids for 1000MW solar and wind power supply. The decision has come after prospective […] Read more
Dell Aims to Fulfill 60 percent of Energy Demand through Renewable Energy Sources by 2020 in India Updated On Fri, Jul 7th, 2017 by Saurenergy 11 Million units currently sourced from onsite solar installations and external renewable energy sources. Dell is harnessing the power of solar energy in India, in a bid to fulfill 60% of its total energy demand in India through onsite solar installations and other renewable energy sources by 2020 as part of its “Legacy of Good […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Philips Lighting secures renewable energy certificates in the Gulf region Updated On Wed, Jul 5th, 2017 by Saurenergy Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […] Read more
India Can Integrate 175 Gigawatts of Renewable Energy into the Electricity Grid: Study Updated On Sat, Jul 1st, 2017 by Saurenergy The report developed under the U.S.-India bilateral program “Greening the Grid”, confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022, and identifies future course of actions that are favorable for such integration Power, Coal, New & Renewable Energy, Piyush Goyal recently released the first part of the study “Pathways […] Read more
Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF Updated On Mon, Jun 19th, 2017 by Saurenergy “Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […] Read more
Awareness programme on ‘scope and usage of renewable energy’ held in Manipur Updated On Sat, Jun 17th, 2017 by Saurenergy The awareness program was aimed at creating awareness with regard to access the existing schemes and benefit provided by the government under national and state government renewable energy mission. Tangkhul Naga Long (TNL) and YDF in collaboration with Manipur Renewable Development Agency (MANIREDA) recently organized an awareness programme in Manipur’s Ukhrul district on ‘scope and […] Read more
Bihar to Invest Rs 20,000 Crore in Renewable Energy in Next Five Years Updated On Fri, Jun 16th, 2017 by Saurenergy The new Bihar renewable energy policy, 2017, paves the way for investment in clean energy and lays a foundation for lasting prosperity. Bihar is eyeing an investment of Rs 20,000 crore in the renewable energy sector in the next five years to generate over 3000 MW of clean energy. The plan is part of the […] Read more
India’s installed renewable energy capacity crosses 57GW mark Updated On Wed, Jun 14th, 2017 by Saurenergy India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in the country India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in the country, which as of April 2017 account for 17.5 percent of the […] Read more
