Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion Updated On Mon, Jun 4th, 2018 by Saurenergy The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […] Read more
Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] Read more
Viz-A-Viz with Debi Prasad Dash, Director – IESA Updated On Mon, Jun 4th, 2018 by Saurenergy Q. What are your thoughts about Li-ion battery future in India? Manufacturing of new technology batteries is at a nascent stage in India. There are no Li-ion cell manufactures in India but several companies like EXCIOM, ACME, Delta, Coslight and Future hi tech batteries have established Li-ion assembly plant in India. At least five major […] Read more
French Guiana Region to Install World’s Largest Power Station with 140 MWh Renewable Energy Storage Updated On Sat, Jun 2nd, 2018 by Saurenergy Power plant will generate 100% renewable energy, delivering steady, competitively-priced electricity supply, 24/7 to over 10,000 households in French Guiana. HDF (Hydrogène de France) has announced the launch of a world first in the history of renewable energy with the creation of its CEOG project (French Western Guiana Power Plant). The project harnessed via HDF’s […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Heraeus Backs China’s Efforts for Clean Energy, Creating “Global Tipping Point” for Renewable Energy Updated On Thu, May 31st, 2018 by Saurenergy Performance gains, continual innovation and critical mass of adoption puts renewable energy on inevitable path to becoming the cheapest form of generating electricity, Heraeus Photovoltaics President Liebheit says. Andreas Liebheit, Heraeus Photovoltaics President said that the world’s energy picture is reaching a global tipping point that will establish solar energy and other renewable sources as […] Read more
Sterling and Wilson to Deliver the Largest Battery Energy Storage Project in Africa Updated On Wed, May 30th, 2018 by Saurenergy Three battery sites totalling 30MWh including single largest installation of 17MWh part of a hybrid micro grid powered by Solar, Diesel and Battery Energy Storage Deal marks formal entry of one of the world’s largest solar EPC into the Hybrid and Energy Storage space Sterling and Wilson, an Indian multinational engaged in engineering, construction, manufacturing […] Read more
India Set to Join China as Global Leaders in Renewables, says Report Updated On Tue, May 22nd, 2018 by Saurenergy According to US based research institute, India’s “scheme for development of solar parks is becoming a successful model to attract foreign capital.” Furthermore, the report added the “Solar is Driving a Global Shift in Electricity Markets.” Much like China, India is poised to become global giant in renewable energy technology-led transformation thus making them two […] Read more
Chandigarh Can’t go Green by 31st December Updated On Mon, May 14th, 2018 by Saurenergy The deadline and desirability of making city 100% renewable energy powered was set by Ministry of New and Renewable Energy (MNRE). However, as said by the electricity department of Chandigarh, the target cannot be achieved in such time frame; rather it can only be achieved in the long term. As the deadline for becoming 100% […] Read more