Statkraft to Invest $1.2 Bn in Renewable Energy Updated On Thu, Sep 27th, 2018 by Saurenergy In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […] Read more
Safeguarding & Uplifting Indian Sun – Industry Perspective Updated On Wed, Sep 26th, 2018 by Saurenergy As Indian Government has laid the ground work for safeguarding the ‘domestic solar photovoltaic module manufacturing industry’ – which seems to be in the back burner for some time. Despite of certain concerns such as safeguarding the interests of manufacturers in SEZs, everybody is waiting, by holding their breath, for the upcoming decision of the […] Read more
Indian Smart Cities Shining Brighter with Sun Updated On Wed, Sep 12th, 2018 by Saurenergy A great scientist, thinker, writer and Former President of India, Dr. A.P.J. Abdul Kalam, dreamed of seeing India as a ‘Developed Country’ by 2022 when it celebrates its 75th Independence Day. The roadmap of ‘Smart Cities’ is a part of the ‘India Vision 2020’ which initially designed by the Government of India’s Technology Think Tank […] Read more
Leap Green Energy to Reach 2GW Capacity by 2020 Updated On Fri, Sep 7th, 2018 by Saurenergy The state electricity boards and various industrial and commercial corporate consumers are the prospective buyers of the Leap Green Energy power. Renewable energy developer, Leap Green Energy states plans upgrading its energy generation capacity to 2 GW power from existing 751 MW along with fund injection of USD 300 million. “Leap Green Energy (LGE), India’s […] Read more
Hanergy Registers over 600% Jump in Operating Revenue Updated On Sat, Sep 1st, 2018 by Saurenergy Hanergy has also reported a 30 fold year on year (YoY) surge in its net profits touching the unprecedented number of HKD 7.329 billion (USD 0.96 billion). The company has registered an over 600 percent increase in its operating revenue reaching a total of HKD 20,414 billion (USD 2,653 billion) in the first half of […] Read more
Guam Signs Agreement with Hanwha Energy for 60MW Clean Energy Updated On Thu, Aug 23rd, 2018 by Saurenergy GPA has planned to use renewable energy sources in order to curb the use of non-renewable sources like fossil fuels citing their rising costs. Guam Power Authority has signed a power purchase agreement with the South Korean renewable energy provider, Hanwha Energy for developing 60 MW renewable energy project. General Manager, GPA, John Benavente said, […] Read more
Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
Sobha Carnation Inaugurates 69kWp Rooftop PV Plant along with Greenrays Enersol Updated On Thu, Aug 16th, 2018 by Saurenergy Further, this project is taken up under PPA model, wherein entire investment is done by Greenrays Enersol and power is consumed captively by the society for common loads through a Power Purchase Agreement (PPA) between both the entities. Taking another positive step towards going green, Sobha Carnation CHS, a reputed premier society in Kondhwa, Pune […] Read more
PFC Appoints PK Singh as Director-Commercial Updated On Tue, Aug 14th, 2018 by Saurenergy Praveen had been placed as Executive Director- Projects and has worked in multiple units of the Projects division of the firm for over 24 years. State-run power sector lender, Power Finance Corporation (PFC) has appointed Praveen Kumar Singh as Director-Commercial of the company with effect from August 10. Before the director-commercial, Praveen had been placed […] Read more