India’s Renewable Energy Addition Falls Almost 20% YoY: Report Updated On Thu, Sep 27th, 2018 by Saurenergy According to data compiled on Renewable Energy by the consultancy firm, Bridge to India, India has added utility scale solar and wind power capacity of 9 GW in the last year till September 30th, 2018. Even after an aggressive approach towards renewable energy development in order to achieve the target of 177 GW by the […] Read more
Reverse Bidding to Continue in Renewable Energy Sector, says R K Singh Updated On Wed, Sep 26th, 2018 by Saurenergy “We will accept bids which are reasonable. If we come across bids which we consider to be excessive, we will cancel them,” the Minister said. The Power and New & Renewable Energy Minister R K Singh said that the government will not accept any unreasonable bids for renewables like solar and wind and continue to conduct […] Read more
Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020 Updated On Tue, Aug 28th, 2018 by Saurenergy In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […] Read more
Toyota Plant, India Gets 68% Power from Renewable Energy Updated On Thu, Aug 23rd, 2018 by Saurenergy Out of Toyota plant’s total need of 83 million units around 56 million units are obtained from solar and wind energy either from within the plant or from external sources. Japan’s Toyota Motors has declared its plant in Bidadi as its greenest plant in the world, fetching a big chunk of its power requirement from […] Read more
CEA Marks Peak Power Deficit for April-July at 0.9% Updated On Mon, Aug 20th, 2018 by Saurenergy The report for peak power deficit has been projecting against the CEA’s forecast that said India would be a power surplus country by 2018-19 with energy and peak power surplus at 4.6 and 2.5 percent respectively. Central Electricity Authority (CEA) has asserted country’s peak power deficit at 0.9 percent and overall electricity deficit at 0.6 […] Read more
Viz-A-Viz with Pushpendra Singh, Managing Director, LEONI Cable Solutions (India) Pvt Ltd Updated On Mon, Aug 13th, 2018 by Saurenergy Q. Your operations are in 31 countries across the globe, what prompted you to start your manufacturing operations in India? LEONI has been present in India for some time now. The Indian Manufacturing for Industrial Products started in 2013, with Refinery Projects like Reliance being a loyal customer. Since 2014-15 onwards India has been one […] Read more
Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio Updated On Sat, Aug 4th, 2018 by Saurenergy The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
