Mytrah Energy signs pacts for 2000 MW Renewable Energy Projects in Andhra Pradesh Updated On Sat, Feb 4th, 2017 by Saurenergy Mytrah Energy has signed a deal worth Rs 13000 crore for the installation of 2000 MW Renewable Energy Projects spread across eight districts of Andhra Pradesh Mytrah Energy has signed pacts for 2000 MW of renewable Energy projects worth Rs 13,000 crore in Andhra Pradesh. The MoUs were inked in the presence Chief Minister N […] Read more
Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment Updated On Thu, Feb 2nd, 2017 by Saurenergy FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […] Read more
Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy Updated On Tue, Jan 24th, 2017 by Saurenergy GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […] Read more
Saudi Arabia to Launch Multi-billion Renewable Energy Schemes Updated On Fri, Jan 20th, 2017 by Saurenergy World’s largest oil exporter vies to diversify its focus to Renewable Energy Saudi Arabia is set to launch a renewable energy programme worth up to $50 billion, as the world’s largest oil exporter vies to diversify its economy, its energy minister stated. “This is the first time we talk about the specific programme,” minister Khaled […] Read more
Renewable Energy and Automation Specialist Schneider Electric acquires Renewable Choice Energy Updated On Fri, Jan 20th, 2017 by Saurenergy Acquisition will provide clients with unparalleled access to new renewable energy opportunities around the globe Schneider Electric, the global specialist in energy management and automation, has announced the acquisition of Renewable Choice Energy, a leader in helping commercial, industrial, and institutional clients navigate their renewable energy purchasing options. Already recognized as one of the world’s […] Read more
Ministry of Commerce & Industry releases Make in India New and Renewable Energy Sector – Achievement Report Updated On Thu, Jan 19th, 2017 by Saurenergy The New & Renewable Energy sector has witnessed the highest ever-solar power and wind power capacity addition over the last two years since April 2014. The Government has set a target of 175 GW of renewable energy capacity by end of 2022, making it the largest expansion in the world and providing plenty of opportunities […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Tata Power Become Largest Renewable Energy Company In India with 3,060 MW operating capacity Updated On Tue, Jan 17th, 2017 by Saurenergy The company is also in the process of implementing nearly 500 MW of renewable power projects at various locations. Tata Power announced that the Company’s total generation from non-fossil operating capacity stands at 3060 MW, making it the largest renewable energy Company in India. The company’s renewable energy portfolio comprises of 693 MW of Hydro, […] Read more
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] Read more
