Leap Green Energy to Reach 2GW Capacity by 2020 Updated On Fri, Sep 7th, 2018 by Saurenergy The state electricity boards and various industrial and commercial corporate consumers are the prospective buyers of the Leap Green Energy power. Renewable energy developer, Leap Green Energy states plans upgrading its energy generation capacity to 2 GW power from existing 751 MW along with fund injection of USD 300 million. “Leap Green Energy (LGE), India’s […] Read more
Decentralized Renewable Energy may hold $100bn Investment Opportunity Updated On Thu, Sep 6th, 2018 by Saurenergy DRE solutions, according to the report, should be made more prominent in the national and state energy systems of the country. A recent analysis has shown that the investment opportunities in Decentralized Renewable Energy (DRE) segment in India may have reached $100 billion. Moreover, the DRE solutions, according to the report, should be made more […] Read more
Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy Updated On Wed, Sep 5th, 2018 by Saurenergy The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […] Read more
NTPC Launches its 1st EV Charging Station in Vishakhapatnam Updated On Mon, Sep 3rd, 2018 by Saurenergy NTPC powered EV charging station has been designed by its In-house NTPC engineering team at Simhadri. In line with Government of India’s plans to switch to electric vehicles mobility, NTPC, India’s largest power generating company, initiates its first Electric Vehicle EV Charging Station in Simhadri, Vishakhapatnam. Moreover, NTPC is fully aligned for promoting clean energy […] Read more
Hanergy Registers over 600% Jump in Operating Revenue Updated On Sat, Sep 1st, 2018 by Saurenergy Hanergy has also reported a 30 fold year on year (YoY) surge in its net profits touching the unprecedented number of HKD 7.329 billion (USD 0.96 billion). The company has registered an over 600 percent increase in its operating revenue reaching a total of HKD 20,414 billion (USD 2,653 billion) in the first half of […] Read more
HC Stays Wind Power Tariff Reduction by APERC Updated On Fri, Aug 24th, 2018 by Saurenergy The ‘tariff reduction’ order is seen making the financial procedures of the wind power generators a cumbersome process. Coming as a relief for the clean energy players, Andhra Pradesh High Court has stayed an Andhra Pradesh Electricity Regulatory Commission’s order reducing tariffs of the wind power projects that received generation based incentives (GBI) from the […] Read more
Guam Signs Agreement with Hanwha Energy for 60MW Clean Energy Updated On Thu, Aug 23rd, 2018 by Saurenergy GPA has planned to use renewable energy sources in order to curb the use of non-renewable sources like fossil fuels citing their rising costs. Guam Power Authority has signed a power purchase agreement with the South Korean renewable energy provider, Hanwha Energy for developing 60 MW renewable energy project. General Manager, GPA, John Benavente said, […] Read more
India to Overachieve 175 GW Renewable Energy Target: UBM MD at REI Pre-Expo Press Meet Updated On Wed, Aug 22nd, 2018 by Saurenergy Asia’s leading renewable energy Expo ‘REI Expo’ is expected to attract participation of around 45 countries and 750+ exhibitors in the field of renewable energy. Global B2B event organizer, UBM held a pre-expo press briefing underlining the know-how of the Renewable Energy India Expo (REI Expo)scheduled for September 18th-20th, 2018. Asia’s most leading renewable energy […] Read more
Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more