Solar Energy has a potential to give Mumbai half of its power: Study Updated On Tue, Apr 11th, 2017 by Saurenergy The researchers used city planning maps and development reports from BMC and Google Maps to calculate how much of the city’s rooftop area could be used for solar power generation. Mumbai has the potential to generate 1.72 GWp solar energy across rooftops including residences, educational institutions, government buildings and industries claims a study carried out […] Read more
IIT-KGP to lead India in becoming a Clean Energy Destination Updated On Sat, Apr 8th, 2017 by Saurenergy The multi-institutional centre at IIT-Kharagpur will work towards technological innovations on a range of issues related to power network, storage and Solar PV systems. IIT-Kharagpur will lead a UK-India joint virtual centre in clean energy in partnership with a consortium to develop solutions for integration of renewable energy into Indian and UK power grid. The […] Read more
Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
India’s Solar Energy Capacity Grows by Record 5525 MW Updated On Fri, Apr 7th, 2017 by Saurenergy The latest figures provided by MNRE shows that India has gained a tremendous growth in solar energy capacity by a record 5525.98 MW. According to the latest figures provided by the ministry of new and renewable energy (MNRE), the FY 2016-17 saw India’s solar energy capacity grow by a record 5525.98 MW, while India had […] Read more
Indian Railways to Add 1000 MW of Solar Power, 200 MW of Wind Energy: Suresh Prabhu Updated On Thu, Apr 6th, 2017 by Saurenergy Indian Railways will be able to draw 25 per cent of its energy needs from renewables and achieve the target of 5 GW of solar power by 2025. Railway Minister Suresh Prabhu has said that railways plans to use renewable energy in a “big” way and is looking to add 1,000 MW of solar power […] Read more
Global solar energy industry is expected to reach $422 billion by 2022: Research and Markets Updated On Wed, Apr 5th, 2017 by Saurenergy Asia-Pacific regions such as China and Japan have been the major market drivers for the solar energy market owing to its growth in installations and governmental tax incentives, followed by North America and Europe Research and Markets in its latest report forecasts the global solar energy industry to reach $422 billion by 2022 from $86 […] Read more
Tata Power’s Industrial Energy undertakes solar micro grid project in Odisha Updated On Tue, Apr 4th, 2017 by Saurenergy The Solar Micro Grid project undertaken by Industrial Energy Limited in Odisha will benefit 255 people at Baliapal village with uninterrupted power. Tata Power, India’s largest integrated power company has continuously strived to uplift the lives of its communities living around its plant and project locations. In line with this philosophy, Industrial Energy (IEL), a […] Read more
IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
NTPC Plans to Achieve 32 GW Installed Capacity via Renewable Sources by 2032 Updated On Sat, Mar 25th, 2017 by Saurenergy Green masala bonds will be used by NTPC for financing renewable energy projects in accordance with applicable guidelines and regulations of Reserve Bank of India NTPC Ltd. has raised Rs. 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme. The proceeds of these green […] Read more