ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Tata Power Become Largest Renewable Energy Company In India with 3,060 MW operating capacity Updated On Tue, Jan 17th, 2017 by Saurenergy The company is also in the process of implementing nearly 500 MW of renewable power projects at various locations. Tata Power announced that the Company’s total generation from non-fossil operating capacity stands at 3060 MW, making it the largest renewable energy Company in India. The company’s renewable energy portfolio comprises of 693 MW of Hydro, […] Read more
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] Read more
India’s first solar power boat launched in Kochi Updated On Fri, Jan 13th, 2017 by Saurenergy Aaditya, India first ferry boat that runs on solar power launched in the 2.5-km Vaikom Tavanakkadavu sector. The country’s first solar ferry boat ‘Aaditya’ was launched in the 2.5-km Vaikom-Tavanakkadavu sector, even as the state government sought Central financial assistance to roll out 10 more such passenger boats as part of its aim to replace […] Read more
Mitsubishi Corporation and AES to develop India’s First Grid-Scale Solar Energy Storage Array Updated On Fri, Jan 13th, 2017 by Saurenergy AES and Mitsubishi Corporation to deliver India’s First Grid-scale Solar Energy Storage Array to Tata Power AES India, a subsidiary of The AES Corporation and Mitsubishi Corporation has announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid operated by Tata Power Delhi Distribution Limited (Tata Power-DDL). AES and Mitsubishi […] Read more
Tata Power Renewable Energy commissions a 49MW Solar Power Plant in Tamil Nadu Updated On Thu, Jan 12th, 2017 by Saurenergy A 49MW Solar Power Plant commissioned by Tata Power Renewable energy at Kayathar is ready for operation. Tata Power Renewable Energy Ltd has announced the commissioning of 49MW solar power plant at Kayathar, Tamil Nadu. The operating renewable energy capacity of the company, a unit of Tata Power, has reached 1,876 mw, comprising 915MW of […] Read more
Duke Energy Florida to build solar power plant in Suwannee County Updated On Thu, Jan 12th, 2017 by Saurenergy Duke Energy announced the location of its newest universal solar power plant, which will provide cleaner, smarter energy solutions for Florida customers. It will be built on 70 acres near Live Oak, Fla., just east of the existing Suwannee River Power Plant. The new Suwannee Solar Facility will produce 8.8 megawatts (MW) of carbon-free energy, […] Read more
MNRE Releases Operational Guidelines for empanelment of Channel Partners/Solar Rooftop Ambassador / Government Agencies Updated On Thu, Jan 12th, 2017 by Saurenergy The Channel Partners or Implementing Agencies will play an important role in achieving the ambitious target of solar rooftop in the various sectors. Ministry of New and Renewable Energy (MNRE) has released operational Guidelines for empanelment of Channel Partners/Solar Rooftop Ambassador / Government Agencies under “Grid Connected Rooftop and Small Solar Power Plants Programme”. The […] Read more
Global Microgrid Market Is Estimated To Reach $35 billion by 2022 : Research and Markets Updated On Wed, Jan 11th, 2017 by Saurenergy Growing emission of toxic gases and extreme weather conditions is a major factor which drives the microgrid market. Research and Markets forecasts the global microgrid market to reach $35 billion by 2022 with CAGR of 12% during 2016-2022. Many factors such as low costs for clean energy, energy storage technologies in microgrids, the military […] Read more