India Can Save Up to Rs 54,000 Crore by Replacing Coal Plants with Renewables: Green Peace India Updated On Fri, Dec 22nd, 2017 by Saurenergy Solar power has reached a new record low of Rs 2.44 and the wind at 2.64 dropped below the 3/kWh as per the new tariff bids, said the analysis. Green Peace India has analyzed that the country can reduce air pollution upon the replacement of exorbitant coal plants by renewable and can even save up […] Read more
Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity Updated On Tue, Dec 19th, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: – Announced a cumulative […] Read more
Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
IEA Predicts India Will Lead the World in Clean Energy By 2040 Updated On Fri, Nov 17th, 2017 by Saurenergy Rapid deployment of solar photovoltaics (PV), led by China and India, will help solar energy become the largest source of low-carbon capacity The International Energy Agency (IEA) predicts India is likely to lead global energy demand growth surpassing China and the US by 2040. In its latest World Energy Outlook, published by the International Energy […] Read more
New Technologies Projected to Make Renewable Energy Sources More Affordable Updated On Wed, Nov 8th, 2017 by Saurenergy According to a research by Bloomberg New Energy Finance (BNEF), significant advances continue to work their way through the Solar industry. An important technological development is expected to make renewable energy more affordable. BNEF pointed out the introduction of diamond wire saws to slice multicrystalline silicon ingots into wafers can reduce the amount of […] Read more
PlantPredict Energy Modeling Used as Basis for Project Performance Guarantees Updated On Mon, Nov 6th, 2017 by Saurenergy Energy predictions generated by PlantPredict are used as the basis for EPC and O&M guarantees for projects including the 40MWac Cuyama Solar Project. First Solar has confirmed that PlantPredict, the company’s utility-scale solar photovoltaic (PV) energy prediction software, has been used to generate the reference energy predictions in the sale of three utility-scale projects totaling […] Read more
Lithium-Ion Battery Market to Reach Worth $93.1 Billion by 2025: Grand View Research Updated On Fri, Nov 3rd, 2017 by Saurenergy The global lithium-ion battery market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level […] Read more
Grid Management – Re-Balancing Power Generation Updated On Thu, Oct 26th, 2017 by Saurenergy Power sector in India has witnessed tremendous growth in its energy demand, generation capacity, transmission and distribution networks. Renewable energy generation in India has been steadily on rise. With 175GW target of clean energy, it became necessary to have a grid that was highly adaptive (in terms of supply and demand). A good electric supply […] Read more
