ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study Updated On Tue, May 1st, 2018 by Saurenergy Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […] Read more
Imagining Application of Water to Store Renewable Power is a Step-Away! Updated On Tue, May 1st, 2018 by Saurenergy This revolutionary yet cheap technology can store Solar and Wind energy subsequently and then easily can be fed to the grid and later redistributed when the demand is high. Imagining water to store electricity can surely make your drink one more glass right-away as scientist have discovered a battery that is known to operate through […] Read more
SECI Invites Bids for 2000 MW Hybrid Projects Updated On Sat, Apr 28th, 2018 by Saurenergy This project is reportedly much larger than the first tender for 16 MW that was issued this January by SECI. The company envisioned setting up a greenfield hybrid project in Andhra Pradesh’s Anantapur district. The results of this bid are yet to be announced. Solar Energy Corporation of India (SECI) is all set to promulgate its […] Read more
SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
Viz-A-Viz with Sunil Rathi, Director | Waaree Energies Updated On Tue, Apr 10th, 2018 by Saurenergy Waaree is coming up with a manufacturing facility of 1.2 GW by March 2018 Waaree Energies Ltd, an integrated solar power solutions company, is committed to make solar energy affordable and accessible to all. The company plays a major role in manufacturing and supplies solar photovoltaic modules and provides engineering, procurement and construction solutions for […] Read more
SA Signs Renewable Energy Deals with IPP Updated On Thu, Apr 5th, 2018 by Saurenergy The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […] Read more
Policy measures for promotion of new & renewable energy Updated On Thu, Mar 15th, 2018 by Saurenergy Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […] Read more
Forecasting to mitigate back-down Updated On Wed, Feb 28th, 2018 by Saurenergy Unlike other renewable energy rich countries where grid management is for the purpose of energy management, the grid management in India actually targets to solve the capacity management problem. The power market structure of India is comparatively complex unlike other countries and with the penetration of massive variable renewable energy like wind and solar, the […] Read more
