Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
World’s New Power Generation Banking on Sunshine Updated On Sat, Apr 7th, 2018 by Saurenergy The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […] Read more
Delhi Govt comes up with ‘Green Budget’ to Focus on EVs, Solar Energy Updated On Fri, Mar 23rd, 2018 by Saurenergy The AAP government presented a Rs 53,000 crore budget for 2018-19 fiscal, and is the first ‘Green budget’ of the government aimed at effective containment of pollution in the city. In a first, the budget presented by the AAP government in the Delhi Assembly has given thrust on “green” initiatives by laying emphasis on environment, […] Read more
ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
Solar Home Lighting System Powers Rural India Updated On Wed, Feb 21st, 2018 by Saurenergy With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […] Read more
Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment Updated On Tue, Feb 20th, 2018 by Saurenergy As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country. In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […] Read more
Mining Clean Energy That Looks To Our Future Demands Updated On Tue, Feb 13th, 2018 by Saurenergy The goals of Paris climate Agreement was discussed when all the eminent representatives across the globe met at a meeting in Bonn in November 2017. The major challenging point of discussion revolved around rapid scaling up the deployment of renewable energy, mitigating the fossil fuel use in the meantime. The major aspect is still at […] Read more
Longi Solar Approves 1 GW Indian Manufacturing Facility Updated On Tue, Jan 30th, 2018 by Saurenergy Longi Solar has confirmed to become the first Chinese company to set up a solar equipment manufacturing facility in India. The news comes just a month after the company said it would invest $300 million in a 5 GW module facility in China. Longi Solar is working to set up a 1 GW solar PV […] Read more
World’s First Solar-Powered Amusement Park To Be Built By New Jersy Six Flags Updated On Sat, Jan 27th, 2018 by Saurenergy Six Flags anticipates that development will start by March and for the solar office to be completely operational before the finish of 2019. Six Flags Great Adventure and its accomplice KDC Solar declared development will start soon to make the New Jersey property the world’s first solar energy fueled amusement park. “This is a proud […] Read more