Mytrah Energy Successfully Raises Rs. 1800 Crore Updated On Tue, Sep 19th, 2017 by Saurenergy The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […] Read more
Indo-Japan Civil Nuclear Pact Will Open a New Chapter in Cooperation of Clean Energy: Modi Updated On Fri, Sep 15th, 2017 by Saurenergy Prime Minister Modi said Indo-Japan ties are not limited to bilateral or regional spheres. It is closely cooperated on key global issues and discussed ways to deepen ties in trade, security and civil nuclear energy. Prime Minister Narendra Modi at a joint press event in Japan said that the civil nuclear pact between India and […] Read more
IESA commemorates World Energy Storage Day by organizing policy roundtable Updated On Fri, Sep 15th, 2017 by Saurenergy The objective of this forum is to have a dialogue between thought leaders from industry and the policy makers to identify policy priorities that can help drive adoption of energy storage in India and make India a global hub for manufacturing of advanced energy storage technologies by 2020 said IESA. To commemorate on the 1st […] Read more
Delta Expands Portfolio of Utility, Commercial and Residential Power Conversion & Energy Storage Solutions at SPI 2017 Updated On Tue, Sep 12th, 2017 by Saurenergy Delta is launching several products for the first time to the U.S. commercial and utility markets at the show, including the M125U, a grid-tied 1500V string PV inverter and the ES30 three-phase energy storage system Delta is showcasing its comprehensive portfolio of renewable power conversion and storage technologies for utility, commercial and residential scale applications […] Read more
Energy Storage Market to Touch 70 GW by 2022 Updated On Tue, Sep 12th, 2017 by Saurenergy The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […] Read more
Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa Updated On Mon, Sep 11th, 2017 by Saurenergy “We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […] Read more
KOR Energy installs 100 KWp Grid Tied Rooftop Solar System at DPS, Varanasi Updated On Wed, Sep 6th, 2017 by Saurenergy KOR Energy has used Polycrystalline Modules of 315Wp manufactured by Vikram Solar and solar string inverters of ABB Group to ensure maximum yield and performance consistency. KOR Energy (India) Pvt. Ltd. has announced that it has installed a 100 KWp Grid Tied Rooftop Solar System at Delhi Public School (DPS), Chandauli Mohansarai Bypass Road, Varanasi. […] Read more
Centre aiming to install 175 Gigawatt renewable power by 2022: Harsh Vardhan Updated On Fri, Sep 1st, 2017 by Saurenergy “The government has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far,” said Vardhan. Minister of Science & Technology, Environment, Forest and Climate Change Dr. Harsh Vardhan on Thursday said the government is aiming to install 175 GW […] Read more
MNRE, GIZ Signs Agreement to Improve Framework Conditions for Grid Integration of Renewable Energies Updated On Tue, Aug 29th, 2017 by Saurenergy Wolfgang Hannig, Country Director, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India and A.N. Sharan, Joint Secretary, MNRE signed the agreement The Ministry of New and Renewable Energy (MNRE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India signed an agreement on technical cooperation under the “Indo-German Energy Programme – Green Energy Corridors (IGEN-GEC)” on […] Read more