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
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
Quercus and Swiss Life Asset Managers acquires Antin Solar Investments and its Solar Photovoltaic Asset Portfolio Updated On Tue, Apr 19th, 2016 by Saurenergy Quercus Assets Selection and Swiss Life Asset Managers have announced the successful completion of deal to acquire Antin Solar Investments (ASI) and its 77.1 MW Solar Photovoltaic Asset Portfolio in 50:50 joint ventures. ASI now operates as Azienda Solare Italiana Spa. Last year on December 18, the joint venture called Quercus Swiss Life Italian Solar […] Read more
Piyush Goyal Releases Report of Technical Committee on Large Scale Integration of Renewable Energy Updated On Mon, Apr 18th, 2016 by Saurenergy Power, Coal and New and Renewable Energy minister Piyush Goyal has released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues. He also launched Ancillary Services Operations in India. Speaking on the occasion, Goyal said that this is going to be a […] Read more
MNRE releases year wise cumulative target to achieve 100GW Grid connected Solar Power Project Updated On Thu, Apr 7th, 2016 by Saurenergy Ministry of New and Renewable Energy has chalked out year wise and cumulative target to achieve 1,00,000 MW Grid connected Solar Power Project by the year 2021-22 under National Solar Mission. The ministry notes that in case of major events, such as shortage of panels in international market or in the domestic market, a portion […] Read more
Haryana’s revised solar power policy for 2016-2022 Updated On Tue, Apr 5th, 2016 by Saurenergy Haryana Government has announced new solar power policy for the year 2016-2022 in march this year, having launched its original solar policy couple of years back. The latest policy brings target of adding 3.2GW of solar power by the end of 2022. Haryana Govt. has also increased renewable purchase obligation (RPO) requirements from 3% to […] Read more
Centre expects to achieve its target of generating 100 GW solar power 2017-end: Piyush Goyal Updated On Mon, Apr 4th, 2016 by Saurenergy The Modi government expects to achieve its ambitious target of generating 100 GW of solar power by end of 2017. Power Minister Piyush Goyal at Mumbai University in suburban Kalina said “we are looking to achieve the target of generating 100 GW solar power by end of 2017.” So far solar power generation has already […] Read more
Telangana confident to achieve a target of generating 960 MW of solar power by next FY Updated On Sat, Apr 2nd, 2016 by Saurenergy Telangana government is confident of achieving 960 MW solar power generation target by end of the next financial year. Principal Secretary of Energy, Arvind Kumar informed about the solar power generation target to the Union Joint Secretary of Ministry of New and Renewable Energy Tarun Kapoor, when officials of the Ministry met him at the […] Read more
