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
Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore Updated On Fri, Sep 1st, 2017 by Saurenergy Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […] Read more
Tata Power Renewable Energy Ltd. boosts generation capacity by four-fold Updated On Tue, Aug 29th, 2017 by Saurenergy Tata Power Renewable Energy Ltd. generated 1440 MUs that from renewable energy sources (wind & solar) in FY17 as compared to 329 MUs in FY16. Tata Power has announced that the Company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) increased its generation capacity by 337 per cent in FY17 as compared to FY16. Tata […] Read more
Renewable energy capacity of 100 GW should be achieved by 2019-20 Niti Aayog Updated On Mon, Aug 28th, 2017 by Saurenergy Niti Aayog has set for the government an ambitious goal of 100 giga watt of clean energy by 2019-20 and wants financial provision for generation and infrastructure rather than just capacity creation. Premier think-tank Niti Aayog has set for the government an ambitious goal of 100 giga watt of clean energy by 2019-20 and wants […] Read more
PESB Asks Renewable Energy Ministry to Choose Proper Course of Action for Selection of SECI MD Updated On Mon, Aug 21st, 2017 by Saurenergy The Public Enterprises Selection Board (PESB) had interviewed three candidates – PTC India Director (Marketing) and Business Development Rajib Kumar Mishra, Konkan Railway Corporation Ltd Director (Finance) Amitabh Banerjee and SECI Director (Finance) C Kannan – for the SECI MD post, PESB said on its website. Government head-hunter PESB has asked the renewable energy ministry […] Read more
Solar and Wind tariff will come down considerably in near future: Govt. Updated On Sat, Aug 5th, 2017 by Saurenergy “The department of renewable energy is quite confident that since majority of renewable items are taxed at five per cent GST, the wind and solar power tariff will go down considerably in near future” The solar and wind tariff will come down considerably in the near future, said a government official on Friday. “It will […] Read more
The Gospel of Distributed Energy Storage Updated On Fri, Aug 4th, 2017 by Saurenergy A target of 175 GW by 2022 is not just challenging but brings a commodity to bring swift innovations to peg this clean mission. Falling energy storage costs and steadily increasing solar capacity stand to catalyze a paradigm shift from net metering to distributed energy storage. Implementing a system composed of a web of distributed […] Read more
Consultative Committee Attached to Ministries of Power and New & Renewable Energy Meets Updated On Fri, Aug 4th, 2017 by Saurenergy The Consultative Committee meeting started with a presentation on PGCIL by its Chairman and Managing Director, Shri I.S.Jha. The presentation gave an overview of areas of operation of PGCIL, initiatives being undertaken like Development of National Grid, Green Energy Corridors for Renewables, SAARC Grid. The Consultative Committee attached to Ministries of Power and New & […] Read more
Rays Power Infra commissions 5 MW Solar PV Project for Aryavaan Renewable Energy Updated On Tue, Aug 1st, 2017 by Saurenergy The solar PV project that spreads over an area of 25 acres was executed by Rays Power on turnkey basis right from the land acquisition till the commissioning Rays Power Infra has announced that it has successfully completed a 5 MW solar PV project for Aryavaan Renewable Energy Private Ltd. The project execution work was […] Read more
