CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme Updated On Wed, Feb 20th, 2019 by Saurenergy The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […] Read more
Viz-A-Viz with Ashish Khanna, President, Tata Power (Renewables) Updated On Tue, Feb 19th, 2019 by Saurenergy Our policymakers will have to create an effective regulatory framework for the development and installation of a widespread solar water pump network. It will be largely beneficial if our farmers are made aware of the many benefits that come along with the adoption of solar water pumps as well. Policymakers can also incentivize the use […] Read more
Cabinet approves launch Kisan Urja Suraksha evam Utthaan Mahabhiyan Updated On Tue, Feb 19th, 2019 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Shri Narendra Modi has approved launch of Kisan Urja Suraksha evam Utthaan Mahabhiyan with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants. Component-B: […] Read more
Africa and Middle East Installed 962 MW New Wind Capacity in 2018 Updated On Mon, Feb 11th, 2019 by Saurenergy The report forecasts that a further 6.5 GW capacity will be added by 2023. According to the latest data released by the Global Wind Energy Council (GWEC), countries in Africa and the Middle East region installed 962 MW of new onshore wind power capacity in 2018, an increase of more than 300 MW compared to […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
EDF and SITAC Sign PPA for 300 MW Wind Project in India Updated On Mon, Feb 4th, 2019 by Saurenergy Construction of the wind farm will start in 2019. EDF Renewables in India and its partner for wind energy in India, the SITAC Group have announced the signing of a long-term power purchase agreement covering the output of 300 MW of wind project recently awarded by the Indian government. This power purchase agreement (PPA) was […] Read more
The Interim Budget. No Sunshine with A Hint of Rain Updated On Sat, Feb 2nd, 2019 by Saurenergy After getting many quick reactions from various industry experts we did some research on it and found that: The last budget of the Modi government tried to have something for everyone, especially the middle class and farmers. But it looks like the renewable vote is not really as important. On the renewable energy front, the […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Siemens Gamesa to Supply 567 MW to Renew Power for 2 Wind Projects Updated On Fri, Feb 1st, 2019 by Saurenergy As per the deal, which is said to be one of the largest announced in the country, the wind turbine maker will provide the infrastructure needed to install and operate both wind power facilities to Indian IPP. Spanish wind turbines maker Siemens Gamesa Renewable Energy (SGRE) secured a new order from ReNew Power, India’s one […] Read more
