Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables Updated On Tue, Jan 22nd, 2019 by Saurenergy Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […] Read more
Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] Read more
MNRE Issues Notification for Quality Control Order on SPV Goods Updated On Mon, Jan 21st, 2019 by Saurenergy Domestic module manufactures whose annual module production capacity is less than 50MW are exempted for BIS certification for two years. The Ministry of New & Renewable Energy (MNRE) under the BIS Act has notified the Solar Photovoltaics Systems, Devices and Components Goods Order 2017 for quality assurance in SPV Power Projects. It includes SPV modules, […] Read more
DERC Approves 100 MW Wind Power Agreements Updated On Mon, Jan 21st, 2019 by Saurenergy The tariff of the PSA will be Rs 3.53/kWh, which will comprise of the Rs 3.46/kWh tariff quoted by developer and PTC’s trading margin of Rs 0.07/kWh. The Delhi Electricity Regulatory Commission (DERC) has issued a notification with the approval of two power sale agreements between BSES Rajdhani Power Ltd (BRPL) and PTC India Ltd […] Read more
EBRD Devoted 36% to Green Financing in 2018 Updated On Sat, Jan 19th, 2019 by Saurenergy It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […] Read more
Growatt Expands its Presence in Europe Updated On Fri, Jan 18th, 2019 by Saurenergy The inverter firm has developed a strong and close relationship with local partners and this move will further strengthen the partnership and provide faster and better support for the clients. Growatt, a global leader in inverter technology based out of China, has established a new office in Rotterdam Netherlands to strengthen its position in the […] Read more
Leh and Kargil Are Now Connected to the National Power Grid Updated On Wed, Jan 16th, 2019 by Saurenergy India’s northernmost areas in Jammu & Kashmir have now been connected to the national electricity network to bring ‘one-nation-one-grid’ closer to reality. Made possible by an engineering feat by state-run transmission utility PowerGrid. PowerGrid and Jammu and Kashmir power department recently switched on the Alusteng-Alunday stretch of the 350-kilometer Srinagar-Kargil-Leh transmission line. Tracing some of […] Read more
Sterlite Power Initiates Tree Translocation in Indian Power Transmission Sector Updated On Tue, Jan 15th, 2019 by Saurenergy The initiative helps to maintain the air filtration, produce sufficient oxygen, reducing soil erosion and conserving the energy. The translocated trees are provided with an alternate habitat within 500 meters, to maintain the balance in the eco-system. Sterlite Power, a leading developer of power transmission infrastructure has launched an initiative to promote greener eco-system while […] Read more
Gujarat Sets Sight for 30 GW Renewables in Next 10 Years Updated On Mon, Jan 14th, 2019 by Saurenergy The Gujarat government is planning a Rs 2,20,000 crore investment in the renewable energy sector to produce 30 GW of renewable energy during the next 10 years. By 2022, the state government aims to increase the generation of renewable energy to 53% of the total power production in the state, from a current 28% said […] Read more
