Australia’s CEFC Invests $72 Mn in Renewables Fund Updated On Fri, Dec 14th, 2018 by Saurenergy This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […] Read more
MNRE Issues Order Mandating Procurement of Locally Made Products Updated On Fri, Dec 14th, 2018 by Saurenergy Department of Industrial Policy and Promotion had earlier issued a notification in June 2017, mandating public procurement should encourage Make in India policy. Ministry of New and Renewable energy has issued an order mandating that public procurements should encourage Make in India to promote manufacturing and production of goods and services in India with a […] Read more
India Set to Overachieve Paris Climate Commitments Updated On Fri, Dec 14th, 2018 by Saurenergy India has committed to reduce the use of fossil fuels for its energy needs by 40% and instead use clean and renewable energy by the year 2030. Amidst a growing demand to do more for climate change, India comfortably sits at a position to overachieve the Paris climate change commitments. India has committed to reduce […] Read more
swissnex India Marks Pune Chapter of Cleantech Week India 2018 Updated On Fri, Dec 14th, 2018 by Saurenergy The 15 member delegation of researchers and entrepreneurs from Switzerland will participate in a series of business and technology workshops. Kikcing off Cleantech Week India 2018, swissnex India brought the best minds of Switzerland’s clean energy sector in Pune. The 15 member delegation of researchers and entrepreneurs from Switzerland will participate in a series of […] Read more
Suzlon Bags 50.4 MW Turbine Order from Atria Power Updated On Thu, Dec 13th, 2018 by Saurenergy Suzlon will install 12 units of S111-140m and 12 units of S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower. Suzlon group has announced that it has secured 50.4 MW order from Bengaluru-based Atria Power to supply wind turbines for a project in Tamil Nadu. Suzlon will install 12 units of S111-140m […] Read more
MNRE Again Amends Guidelines for Viability Gap Funding Updated On Wed, Dec 12th, 2018 by Saurenergy Earlier, SECI had the power to delay the project by three months in such situations and any extension beyond three months had to be approved by the ministry. The ministry of New and Renewable energy has yet again amended the guidelines which it issued earlier regarding setting up of solar parks of more than 2 […] Read more
Waaree Energies Launches Indigenously Developed Light-Weight Modules Updated On Wed, Dec 12th, 2018 by Saurenergy Overcoming the limitations posed by heavy glass modules, WLW modules are easy to install and can highly benefit the transportation sector in India. Taking the indigenous development of solar modules ahead, Waaree Energies has launched the customizable Waaree Light-Weight (WLW) Modules. The indigenous modules can be customised to any shape and colour. Overcoming the limitations […] Read more
Year End Review 2018 – MNRE Updated On Mon, Dec 10th, 2018 by Saurenergy India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […] Read more
Global Warming May Cause Decline in India’s Wind Power Potential: Study Updated On Thu, Dec 6th, 2018 by Saurenergy However, the researchers found that the Indian monsoon is weakening as a result of warming waters in the Indian Ocean, leading to a steady decline in wind-generated power. The warming of the Indian Ocean, caused by global climate change, may be causing a slow decline in wind power potential in India, according to a new […] Read more