US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal Updated On Fri, Mar 11th, 2016 by Saurenergy The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […] Read more
Potential of India’s Renewable Energy Resources Updated On Wed, Jan 27th, 2016 by Saurenergy The capability of renewable energy in India – and the price tag to acknowledge– was highlighted recently by boards of energy and financing specialists. ‘The potential is colossal – the quantity of GWs is brain boggling,’ said Amit De, Sr. Strategies SkyPower Global. ‘SkyPower has resolved to manufacture 18GW of solar projects in India by […] Read more
Is Alternative Energy the “Game Changer” for India – A look back! Updated On Tue, Nov 17th, 2015 by Saurenergy The energy of the sun and the rays produced are significantly essential for life. Now that’s elementary, what about transforming sunlight into electricity power by directly using the photovoltaic (PV) process or indirectly using the concentrated solar power (CSP) process? Today, these types of energy process from sunlight have immaculate applications and benefits for the […] Read more
