Bids for setting up of Wind Power Projects of over 8000 MW Capacity Finalised Updated On Thu, Dec 27th, 2018 by Saurenergy The wind power projects in the country are installed on the basis of commercial viability through tariff based competitive bidding process. As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India Ltd. (SECI) and National Thermal Power Corporation Ltd. […] Read more
3,217 Million US$ received as FDI in Renewable Energy Sector Updated On Thu, Dec 27th, 2018 by Saurenergy Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […] Read more
Karnataka Tops the Chart in Renewable Energy Capacity Updated On Wed, Dec 26th, 2018 by Saurenergy Having 12,640 MW of cumulative capacity of installed renewable energy, Karnataka is leading the way in generating renewable energy. With a view of cutting carbon emissions and moving towards a sustainable future, Karnataka has now become the number one state in renewable energy capacity addition. Having 12,640 MW of cumulative capacity of installed renewable energy, […] Read more
Sterlite Power Bags $600 Mn Transmission Project in Brazil Updated On Mon, Dec 24th, 2018 by Saurenergy The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […] Read more
India’s Energy Needs to Triple by 2040: World Bank Updated On Mon, Dec 24th, 2018 by Saurenergy In fiscal 2018, when total installed capacity was more than twice the amount of peak demand, peak demand shortage still registered 2.1% in India,World Bank said. Energy demand in India will grow 30% between 2018 and 2040, a new report by the World Bank titled Dark: How Much Do Power Sector Distortions Cost South Asia […] Read more
Viz-A-Viz with Ramnath Vaidyanath, CEO, WiSH Energy Updated On Sat, Dec 22nd, 2018 by Saurenergy Q. To begin with, please tell our readers more about WiSH Energy and its contribution towards clean energy in India. WiSH (Wind-Solar Hybrid) Energy was created for the sole objective of bridging the energy gap and making renewable energy accessible and affordable for all. Through constant innovation, research and human interaction, we are paving the […] Read more
Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
Industry Bullish on Renewable Sector but Issues Linger Updated On Fri, Dec 21st, 2018 by Saurenergy High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […] Read more
Siemens Bags 126 MW Order for Maharashtra Wind Farm Updated On Fri, Dec 21st, 2018 by Saurenergy Siemens Gamesa will provide infrastructure to install and operate the facility, including supply, erection and commissioning of 63 units of wind turbines. Siemens Gamesa Renewable Energy has secured an order for 126 MW wind farm in Osmanabad district of Maharashtra, a company statement said. The company statement further added that as part of the turnkey […] Read more