Government to set up a pool of capital to fund research on green energy technologies: Piyush Goyal Updated On Wed, May 11th, 2016 by Saurenergy Minister of Power, Coal and New & Renewable Energy, Piyush Goyal delivering Keynote address on Tuesday at a conference on ‘The Future of Electricity’ said “the future of electricity in India rest on the pillars of affordability, sustainability and country’s energy security.” India’s electricity consumption is going to increase fourfold from 1.1 trillion units to […] Read more
36 CPSUs has committed to develop 18,988 MW of Renewable Energy projects: Piyush Goyal Updated On Tue, May 10th, 2016 by Saurenergy Minister of State (IC) for Power, Coal & New and Renewable Energy, Piyush Goyal on Tuesday said while framing the Scale-up Plan for 1, 00,000 MW of Grid Connected Solar Power by the year 2022, it was envisioned that the Public Sector Undertakings will contribute around 10,000 MW of Grid Connected Solar Power. Goyal in […] Read more
AWS Truepower acquires the energy-related forecasting assets of MESO Updated On Thu, May 5th, 2016 by Saurenergy AWS Truepower has announced that it has acquired the energy-related forecasting assets from its long-term partner MESO, Inc. AWS Truepower collaborated with MESO Inc. for years in providing wind and solar power forecasting services to the utility and renewable energy industries around the world. With this partnership, AWS Truepower has become the top wind and […] Read more
MNRE implementing schemes to promote use of renewable energy in rural areas: Piyush Goyal Updated On Tue, May 3rd, 2016 by Saurenergy The Ministry of New & Renewable Energy (MNRE) is implementing a Programme on “Off-Grid and Decentralized Solar Applications” to promote use of solar power through solar home lights, solar street lights, power plants, solar pumps and mini micro grids to meet the energy requirements of the rural areas in the country. Minister of State (IC) […] Read more
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
Duke Energy raises its 2020 renewable energy goal by 33 % Updated On Fri, Apr 29th, 2016 by Saurenergy Duke Energy has raised its 2020 renewable energy goal by 33 percent. The North Carolina-based firm expects to own or purchase 8,000 megawatts of wind, solar and biomass capacity by 2020 which is 33 percent jump from the old goal of 6,000 megawatts established in 2013. As of the end of 2015, the company owned […] Read more
Tata Power to raise share of its renewable energy output from its earlier target of 20% to 30-40% by 2025 Updated On Mon, Apr 25th, 2016 by Saurenergy Tata Power has decided to raise share of its renewable energy output from its earlier target of 20%, to 30-40% by 2025 reports PTI Currently the company has working capacity of 9,156 MW which include 693 MW of hydel, 593 MW of wind and 60 MW of solar sources. Speaking to PTI Tata Power managing […] Read more
ICRA estimates the capacity addition in the renewable energy sector to increase to 8.8 GW in FY 2017 Updated On Thu, Apr 21st, 2016 by Saurenergy ICRA has estimated the solar capacity addition to increase to about 5.7 GW in FY2017 as against the 3.0 GW seen in FY2016 based on the tenders already floated and proposed for award of solar projects under various State and Central Government policies so far. However, ICRA in its report notes that in the wind […] Read more
Affordability, Access & Inclusiveness Driving India’s Energy Policies”: Piyush Goyal Updated On Thu, Apr 21st, 2016 by Saurenergy India is all set to become the largest energy market representing the aspirations of a billion plus people in the coming years. The growth story of the country is more significant in view of the global scenario when most developed economies are witnessing a declining trend in their energy demand. Power, Coal and New and […] Read more
