CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
Green Energy Will Account For 40% of Total Energy Production in India, Says Harsh Vardhan Updated On Mon, Jun 25th, 2018 by Saurenergy Green energy, electricity produced from non-fossil fuel sources such as wind, solar power, and hydropower, will account for 40% of the total energy production in India As the country is leading the new initiatives in fighting climate change and greenhouse emission, it is also rapidly shifting from the conventional source of energy to clean energy. […] Read more
EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
Solar-Wind Hybrid Power Policy Announced for Gujarat Updated On Fri, Jun 22nd, 2018 by Saurenergy The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […] Read more
World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report Updated On Wed, Jun 20th, 2018 by Saurenergy “We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […] Read more
Renewable Energy Attracted $42 Bn of Investment in 4 Years: MNRE Updated On Tue, Jun 5th, 2018 by Saurenergy New opportunities have emerged. Altogether new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. An investment of $42 billion was attracted by India’s Renewable Energy Sector in last four years and over the same period of time, the green energy projects created over 10 […] Read more
A Path breaking Journey in Renewable Energy through last 4 years Updated On Tue, Jun 5th, 2018 by Saurenergy Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […] Read more
Campaigns to Raise Awareness of Solar Energy Important, says Manipur Dy CM Updated On Sat, Jun 2nd, 2018 by Saurenergy Manipur Deputy Chief Minister Yumnam Joykumar Singh said that the public awareness campaigns are necessary and should be initiated to raise the awareness about the importance of solar energy. In order for any project to be successful, public awareness is really important, and that is true for solar energy and its importance in the country […] Read more
Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned Updated On Thu, May 31st, 2018 by Saurenergy There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […] Read more
