Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
Tata Power to raise share of its renewable energy output from its earlier target of 20% to 30-40% by 2025 Updated On Mon, Apr 25th, 2016 by Saurenergy Tata Power has decided to raise share of its renewable energy output from its earlier target of 20%, to 30-40% by 2025 reports PTI Currently the company has working capacity of 9,156 MW which include 693 MW of hydel, 593 MW of wind and 60 MW of solar sources. Speaking to PTI Tata Power managing […] Read more
Energy Efficiency Services limited gearing up to set up its 21st overseas office in New York Updated On Fri, Apr 22nd, 2016 by Saurenergy Capitalizing on the tag line, ‘I led the way’, the government owned company, Energy Efficiency Services limited (EESL) is gearing up to set up its 21st overseas office in New York in the near future. Union Minister of State for Power, Coal and New and Renewable Energy, Piyush Goyal speaking at the Renewable Energy Investors Roundtable […] Read more
Affordability, Access & Inclusiveness Driving India’s Energy Policies”: Piyush Goyal Updated On Thu, Apr 21st, 2016 by Saurenergy India is all set to become the largest energy market representing the aspirations of a billion plus people in the coming years. The growth story of the country is more significant in view of the global scenario when most developed economies are witnessing a declining trend in their energy demand. Power, Coal and New and […] Read more
ABB, IIT Madras enters into R&D partnership for microgrids & green energy Updated On Wed, Apr 6th, 2016 by Saurenergy ABB on Tuesday signed a memorandum of understanding with the Indian Institute of Technology Madras (IIT-M) to build microgrids as well as joint R&D in the field of rural electrification, utilization of natural non-fossil resources, battery energy storage and their connection to loads and main grid. The MoU signed also includes internship opportunities to post […] Read more
Greater Noida plans to turn waste land into power plant fueled by Sun Updated On Fri, Mar 25th, 2016 by Saurenergy The Greater Noida Industrial Development Authority (GNIDA) has announced to turn waste land into solar power plant. GNIDA will set up four solar plants of 1MW each on waste lands reports TOI. Currently six solar plants on rooftop of government buildings generate 2.65MW of solar power for the city. Waste lands for four plants will […] Read more
Europe’s largest floating power station set to power up Updated On Tue, Mar 22nd, 2016 by Saurenergy Europe’s largest floating power farm is close to completion and is all set to power up, in spite of a cut in solar subsides which left its fate at risk. The £6 million (about $8 million) project will help power local water treatment plants that provide clean drinking water to London and south-east England’s 10 […] 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
Pakistan Parliament to completely run on sun Updated On Mon, Feb 15th, 2016 by Saurenergy Socio-eco structures might not have been put on the right place for Pakistan, but, some renewed news floated across media after Pakistan claims to operate its parliament with 100% solar power. Now, this makes Pakistan’s parliament to be the first of its kind in the world to rely entirely on solar power. The initiative was […] Read more
