Viz-A-Viz with Anshul Gupta, Director, Okaya Power Pvt Ltd Updated On Thu, Nov 1st, 2018 by Saurenergy Q. What are the initiatives Okaya has taken in contributing towards India’s clean and green energy initiative? Okaya is working continuously to introduce new technologies in Solar energy storage segment and contribute towards the country’s clean and green energy initiatives. Use of solar energy has become more main stream after the launch of the government’s […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
Smart Meters in Rural India a Win-Win Soln for All: ADB Updated On Mon, Oct 29th, 2018 by Saurenergy ADB decided to support a USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India. International development finance institution Asian Development Bank (ADB) is mulling to scale up satellite communication technology based smart meters projects as it finds it to be a win-win solution for various stakeholders, including […] Read more
Low-ceiling tariff by SECI gets auction postponed again for 1200 MW Hybrid Tender Updated On Mon, Oct 29th, 2018 by Saurenergy The main reason was poor response from developers, who claimed to have stayed away mainly because SECI had set a tariff ceiling for the auction at Rs 2.60 per unit, which developers felt was too low. The auction, which was to be held on October 26, is now set for November 14. SECI has postponed its […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more
Cabinet Okays MoU among BRICS Nations on Environmental Coop Updated On Wed, Oct 24th, 2018 by Saurenergy The Memorandum of Understanding is expected to bring in the latest technologies and best practices suited for bringing about better environment protection, better conservation, and better management of climate change and wildlife protection/conservation. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its ex-post facto approval for Memorandum of Understanding (MoU) signed […] Read more
Green Climate Fund Invests $1 Bn for Developing Countries Updated On Tue, Oct 23rd, 2018 by Saurenergy The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […] Read more
India, Bahrain, Lesotho, SA Clinch UN’s Top Honour for Investment Promotion Updated On Tue, Oct 23rd, 2018 by Saurenergy Invest India received the award for excellence in servicing and supporting a major global wind turbines company in the establishment of a blade manufacturing plant in India while committing to train local staff and produce 1 gigawatt of renewable energy. In another significant development, the agencies – Invest India, Bahrain Economic Development Board (EDB Bahrain), Lesotho […] Read more
COSEIA Names Mike Kruger as its First President & CEO Updated On Mon, Oct 22nd, 2018 by Saurenergy He was previously the Director of Communications for the Smart Electric Power Alliance (SEPA) in Washington, DC. The Colorado Solar Energy Industries Association (COSEIA), an award-winning nonprofit association leading Colorado’s solar industry, has appointed Mike Kruger as its new President & Chief Executive Officer (CEO). Kruger has relocated to Denver to join COSEIA. He was previously the Director of […] Read more