RE Industry gears up for Renewable Energy India 2016 Expo Updated On Fri, Jul 22nd, 2016 by Saurenergy UBM India is all set to host the 10th edition of its flagship event, Renewable Energy India Expo (REI) scheduled from 7th to 9th September 2016 at the India Expo Center, Greater Noida. India’s green economy community and participants from overseas will congregate at the REI Expo to discuss industry trends, challenges and market insights […] Read more
Telangana Solar Energy Policy Updated On Sat, Jun 25th, 2016 by Saurenergy Telangana Solar Energy Policy Updates 2017 In order meet the state’s rooftop solar target of 2,000 MW by 2022, the state government of Telangana will allow equated monthly instalments (EMI) base rooftop installation program for individual consumers prior being served to government employees in the state. Telangana has a vast solar potential with average insolation […] Read more
Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA Updated On Thu, Jun 16th, 2016 by Saurenergy International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […] Read more
MNRE invites comments/suggestions/views on Draft National Wind-Solar Hybrid Policy by June 30 Updated On Tue, Jun 14th, 2016 by Saurenergy The Government of India has set an ambitious target of generating 175 GW of renewable energy including 100 GW from solar and 60 GW from wind by the year 2022. So far various policy initiatives have been taken by the government to achieve this target. Studies reveal that solar and winds are nearly complementary to […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
Two days conference of state Power, Renewable Energy & Mines Ministers to be held on 16th & 17th June Updated On Mon, Jun 13th, 2016 by Saurenergy Ministry of Power has announced that two days conference of Power, Renewable Energy & Mines Ministers of States & Union Territories will be held on 16th & 17th of this month in Goa. The aim of two days conference is to review the implementation of various ongoing Schemes/ Programmes & host of issues pertaining to […] Read more
MNRE sets new capacity addition target of 16,660 MW for green energy Updated On Mon, Jun 6th, 2016 by Saurenergy The Ministry of New and Renewable Energy has set the uppermost capacity addition target of 16,660 MW for the clean power sector this fiscal. The target is close to four times the capacity target that the government set in the previous year. MNRE expects solar segment to achieve its highest-ever annual capacity in the current […] Read more
Indian Navy pledges 1.5% of its works budget towards renewable energy generation Updated On Mon, Jun 6th, 2016 by Saurenergy Indian Navy completed two years of its Green Initiatives Programme on World Environment Day. On the occasion the Navy has set itself an aggressive target of 21 MW Solar PV installations, to be implemented in three phases. The initiative is in line with the National Mission of Mega Watt to Giga Watt towards achieving 100 […] Read more
Small Wind Solar Hybrid System to provide electricity to un-electrified areas: MNRE Updated On Thu, May 26th, 2016 by Saurenergy Ministry of New and Renewable Energy is implementing a programme to promote the installation of small wind solar hybrid systems. The objective of the programme is to provide electricity in unelectrified areas or areas with irregular electric supply. Under the programme, MNRE provides Central Financial Assistance (CFA) to community users for installation of such systems. […] Read more
