India to Bid 500 GW RE Capacity by 2028 Updated On Mon, Jan 7th, 2019 by Saurenergy Kumar said that the share of non-fossil fuel based capacity in total would be 33 per cent by 2022 without considering large hydro plants. Trying to achieve the number one position as the developer of renewable energy in the world, India is planning to bid out 500 GW of renewable energy capacity by the year […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
NTR Secures 229 million Euros in Second Renewable Energy Fund Updated On Fri, Jan 4th, 2019 by Saurenergy The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […] Read more
Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018 Updated On Fri, Jan 4th, 2019 by Saurenergy The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […] Read more
Texas Can Be Free of Coal, Study Finds Updated On Fri, Jan 4th, 2019 by Saurenergy Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has […] Read more
Energy Storage India 2019 to drive India’s National Energy Storage Mission Updated On Fri, Jan 4th, 2019 by Saurenergy Ahead of ESI 2019, there is tech tour planned on 8th Jan ’19 at Tata Power- DDL’s smart grid lab and at National Institute of Solar Energy. Taking strides in the field of renewable energy, India is leading the way in decarbonizing the atmosphere. But as renewable capacity takes a lead, so should storage technology. […] Read more
BSES and SECI Sign Agreement for 200 MW Wind Energy Updated On Fri, Jan 4th, 2019 by Saurenergy The two discoms will procure capacity from SECI which will act as an intermediary procurer, a company statement said. Power discoms owned by Reliance Infrastructure in Delhi, BSES Yamuna (BYPL) and BSES Rajdhani (BRPL) have signed an agreement with Solar Energy Corporation of India (SECI) for sourcing 200 MW wind power at Rs 2.84 for […] Read more
Cabinet Gives Approval to India’s Approach for COP 24 Updated On Thu, Jan 3rd, 2019 by Saurenergy The key focus of meeting was to finalize guidelines for implementation of Paris Agreement in post 2020 period. The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the negotiating stand of India at the 24th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change […] Read more
Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
