Govt Brings National Policy for Wind-Solar PV Hybrid Projects Updated On Tue, May 15th, 2018 by Saurenergy A scheme for new hybrid projects under the policy is also expected shortly. The government has issued a new national wind-solar hybrid policy aiming to provide framework for promotion of large grid connected wind-solar PV hybrid system for efficient utilization of transmission infrastructure and land. The Ministry of New and Renewable Energy (MNRE) also said […] Read more
Installed Renewable Energy Capacity Nearly Doubled Since 2014, says Govt Updated On Mon, May 14th, 2018 by Saurenergy With 70 GW installed renewable power capacity, renewable energy has a share of over 20 percent of the total installed capacity in the country, it further added. In a major boost to cleaner and greener planet, the total renewable energy installed capacity of the country has risen significantly in just four years i.e. from 36 […] Read more
MNRE issues National Wind-solar Hybrid Policy Updated On Mon, May 14th, 2018 by Saurenergy The Policy provides framework for promotion of large grid connected wind-solar PV hybrid system A scheme for new hybrid projects under the policy is also expected shortly. Ministry of New and Renewable Energy has issued National Wind-Solar Hybrid Policy here today. The objective of the policy is to provide a framework for promotion of large […] Read more
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
