Pacifico Energy Raises $265 mn for its Second Solar Fund Updated On Mon, Dec 2nd, 2019 by Saurenergy Pacifico Energy has successfully completed the launch of its second solar investment fund at USD 265 million Pacifico Energy has announced that it has successfully completed the launch of its second solar investment fund (Fund II) at USD 265 million or 29 billion Yen. Fund II will be comprised of five Japanese solar power plants […] Read more
Missing. A Public Presence for Renewable Firms in India Updated On Mon, Dec 2nd, 2019 by Saurenergy Back in March 1999, when Infosys Limited, the software firm that was just beginning to get noticed listed on the Nasdaq stock market in the US, it was a seminal moment for the firm and the Indian IT sector in general. Not only did the firm become the first Indian firm to list on NASDAQ, […] Read more
IIT-H Partners With Japanese Firm for Development of Li-ion Batteries Updated On Mon, Dec 2nd, 2019 by Saurenergy IIT-H has formed a collaboration with Japan-based ItsEV Inc, to develop Li-ion batteries for various applications including electric vehicles The Indian Institute of Technology, Hyderabad (IIT-H) has formed a collaboration with Japan-based ItsEV Inc, to develop lithium-ion batteries (Li-ion) for various applications including electric vehicles (EVs). A research group led by Surendra K. Martha, Associate […] Read more
Odisha Launches Solar Power & Other projects Worth Rs 8939 cr Updated On Mon, Dec 2nd, 2019 by Saurenergy Odisha has launched 27 industrial projects, involving a total investment of Rs 8,939 crore. The projects involve solar plants, amongst many others. Odisha Chief Minister Naveen Patnaik has launched 27 industrial projects, involving a total investment of around Rs 8,939 crore. The projects being initiated involve solar power plants, cement plants amongst many others. Patnaik inaugurated five projects […] Read more
Rs 183 cr in Funds Released for Mega Solar Projects in FY 19-20 so far Updated On Sat, Nov 30th, 2019 by Saurenergy RK Singh has detailed the amount of funds released by the centre for the development of ultra mega solar parks in India over the last four financial years. In his reply to a question on solar power production across states, Union Minister for Power, News & Renewable Energy and Skill Development and Entrepreneurship RK Singh, […] Read more
MERC Approves Rs 2.52/kWh Tariff for Procurement of 500 MW Wind Power Updated On Fri, Nov 29th, 2019 by Saurenergy MERC has approved the tariff of Rs 2.52/kWh for the procurement of 500 MW wind power as requested by the MSEDCL in its last petition. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the tariff of Rs 2.52/kWh for procurement of 500 MW wind power as requested by the Maharashtra State […] Read more
Power, Solar Sector, Discoms in Focus in Parliament. Here Is What Was Said. Updated On Fri, Nov 29th, 2019 by Saurenergy The answers by Power Minister R.K. Singh in parliament yesterday, while placing on record the hard figures when it comes to the power sector and renewables, particularly solar power, also underscored the minister’s continued confidence in India meeting its renewable energy goals. We take a look at the key takeaways. The Saubhagya scheme, or the […] Read more
India’s Power Generation Capacity Reaches 365 GW: RK Singh Updated On Fri, Nov 29th, 2019 by Saurenergy India’s installed power generation capacity has reached 365 GW, which is sufficient to meet the country’s electric demand, Parliament was informed recently. India‘s installed power generation capacity has reached 364.9 gigawatts (365 GW), which is sufficient to meet the country’s electric demand, Parliament was informed recently. Besides, the peak, as well as energy requirement deficit, was less […] Read more
Over 31 GW of Solar Projects now Commissioned in India Updated On Fri, Nov 29th, 2019 by Saurenergy RK Singh has said that as on October 31, 2019, the total grid-connected solar power generation capacity of India now stands at 31,696 MW. The Government of India has set a national target of installing 1,00,000 MW grid-connected solar power capacity in the country by December 2022. And the Ministry of New and Renewable Energy […] Read more