Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore Updated On Fri, Sep 1st, 2017 by Saurenergy Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […] Read more
Tata Power Renewable Energy Ltd. boosts generation capacity by four-fold Updated On Tue, Aug 29th, 2017 by Saurenergy Tata Power Renewable Energy Ltd. generated 1440 MUs that from renewable energy sources (wind & solar) in FY17 as compared to 329 MUs in FY16. Tata Power has announced that the Company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) increased its generation capacity by 337 per cent in FY17 as compared to FY16. Tata […] Read more
Renewable energy capacity of 100 GW should be achieved by 2019-20 Niti Aayog Updated On Mon, Aug 28th, 2017 by Saurenergy Niti Aayog has set for the government an ambitious goal of 100 giga watt of clean energy by 2019-20 and wants financial provision for generation and infrastructure rather than just capacity creation. Premier think-tank Niti Aayog has set for the government an ambitious goal of 100 giga watt of clean energy by 2019-20 and wants […] Read more
Marathon Capital Advises Heelstone Energy on the Sale of a 194MW Solar Portfolio to Sammons Renewable Energy Updated On Tue, Aug 22nd, 2017 by Saurenergy Heelstone Energy will continue to provide asset and operations management services to Sammons Renewable Energy for the entire portfolio. Marathon Capital, LLC has announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings, LLC (“Heelstone”) to Sammons Renewable Energy (“SRE”). Heelstone, headquartered in Chapel Hill, North Carolina, is a leading […] Read more
Piyush Goyal addresses the 8th World Renewable Energy Technology Congress Updated On Tue, Aug 22nd, 2017 by Saurenergy The annual conference is visualized and planned in the backdrop of India’s vision on achieving “Energy Independence and Power for all by 2022”. It focuses on new Green Technologies to ensure clean, reliable and affordable Renewable Energy supplies. Union Minister of State for Power, Coal, Renewable Energy and Mines, Piyush Goyal, addressed a distinguished gathering […] Read more
Shri Piyush Goyal addresses the 8th World Renewable Energy Technology Congress Updated On Mon, Aug 21st, 2017 by Saurenergy Union Minister of State (IC) for Power, Coal, Renewable Energy and Mines, Shri Piyush Goyal, addressed a distinguished gathering of delegates attending the 3-day 8th World Renewable Energy Technology Congress here today. The Minister also gave away Energy and Environment Foundation Global Excellence awards 2017 during the inaugural session of the conference. The annual conference […] Read more
PESB Asks Renewable Energy Ministry to Choose Proper Course of Action for Selection of SECI MD Updated On Mon, Aug 21st, 2017 by Saurenergy The Public Enterprises Selection Board (PESB) had interviewed three candidates – PTC India Director (Marketing) and Business Development Rajib Kumar Mishra, Konkan Railway Corporation Ltd Director (Finance) Amitabh Banerjee and SECI Director (Finance) C Kannan – for the SECI MD post, PESB said on its website. Government head-hunter PESB has asked the renewable energy ministry […] Read more
India’s Overemphasis on renewable energy would affect thermal power projects: CEA Updated On Fri, Aug 18th, 2017 by Saurenergy “Rapid changes in technology are promising to help realize the promise of renewables. This is an eminently desirable development and one that India is attempting both to benefit from and accelerate. At the same time, these changes need to be seen in the context of India’s current economic situation and its enormous endowments of coal […] Read more
Cabinet apprised of the MoU between India and Spain on cooperation in renewable energy Updated On Thu, Aug 17th, 2017 by Saurenergy India and Spain aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity The Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable […] Read more
