ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
India Rapidly Progresses Towards Renewable Energy, says R K Singh Updated On Thu, May 10th, 2018 by Saurenergy “India is making quick progression in the field of renewable energy and the government is committed to achieving the said target by 2022,” said Minister of Power and New Renewable Energy (MNRE), R K Singh. India’s set target of touching 175 GW of renewable energy capacity addition has already seen the accomplishment of 70 GW […] Read more
Ideal Energy Picks NEXTracker’s NX Flow for Solar-plus-Storage System in Iowa Updated On Wed, May 2nd, 2018 by Saurenergy The project will be built on University land and after completion it is projected to be one of the largest solar-plus-storage power plants in the state, producing enough energy to cover nearly a third of the University’s annual electricity usage. Iowa-based Ideal Energy has selected NEXTracker NX Flow integrated solar-plus-storage system for its 1.1 MW power plant at […] Read more
Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study Updated On Tue, May 1st, 2018 by Saurenergy Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […] Read more
India Inks Pact with Guyana for New & Renewable Energy Technologies Updated On Thu, Apr 26th, 2018 by Saurenergy The MoU aimed to establish the basis for a cooperative institutional relationship to encourage and promote bilateral technical cooperation on new and renewable energy on the basis of mutual benefit, equality and reciprocity between the two countries. India and Guyana has signed a Memorandum of Understanding (MoU) to promote cooperation in developing new and renewable […] Read more
SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
Surat Tops Among Green Energy Producers in India Updated On Fri, Apr 13th, 2018 by Saurenergy SMC produces 86.5 GWh of renewable energy as compared to its per year requirement of 245 GWh, which is 35 percent of its requirements. The municipal body of the diamond city, Surat Municipal Corporation (SMC), produces nearly 40 MW of renewable energy from solar, wind and biogas. Also, additional 10 MW of green energy is expected to […] Read more
Oil Companies Investing in Clean Energy, Says PM Modi Updated On Wed, Apr 11th, 2018 by Saurenergy In his speech at the 16th International Energy Forum Ministerial Meeting held in Delhi, PM said, “Today, oil companies are also investing in wind and solar capacities, gas infrastructure, and also thinking in the direction of investing in Electric Vehicle and Storage areas.” The Prime Minister Narendra Modi has stressed on the need to shift […] Read more
Apple Turns 100% Renewable Energy Powered Worldwide Updated On Tue, Apr 10th, 2018 by Saurenergy This achievement includes retail stores, offices, data centres and co-located facilities in 43 countries including the United States, the United Kingdom, China and India. In a bid to combat climate change, US tech giant Apple said its global facilities are now powered by 100 percent clean energy. This achievement includes retail stores, offices, data centres […] Read more
