Tata Power’s Renewable Biz Shines in Q3 FY19; Now Brings Rooftop Offer to Cochin Updated On Wed, Jan 30th, 2019 by Saurenergy During the quarter, its consolidated revenue rose by 16 percent at Rs 7,571 crore as compared to Rs 6,506 crore last year. Country’s one of the leading integrated power company, Tata Power’s renewable energy business showed impressive growth during the October-December quarter of FY19 as its consolidated EBITDA grew by 9 per cent to Rs […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
Kerala Transitioning to Renewable Energy Resources: Power Minister Mani Updated On Mon, Jan 28th, 2019 by Saurenergy Inaugurating solar energy projects worth Rs 37 lakh, state power minister M.M. Mani said that in an attempt to build energy independence, Kerala has started to shift its focus to renewables. Kerala, well on its way to becoming a 100 percent electrified state, is turning its focus to renewable energy resources. Inaugurating solar energy projects […] Read more
Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
Growth in Renewable Energy Investment Slowing Due to Grid Limitations: IEEFA Updated On Fri, Jan 25th, 2019 by Saurenergy An investment of US$ 60-80 billion will be needed in the next five years to keep pace with growing generation capacity. A brief report by the Institute for Energy Economics and Financial Analysis, authored by Tim Buckley and Kashish Shah has revealed that India’s grid transmission infrastructure needs urgent modernisation to not limit the growth […] Read more
Sodium Ion Battery Research to Power Up RE Storage Updated On Fri, Jan 25th, 2019 by Saurenergy Longer life and increased capacity for a new technology battery that could be the workhorse of a renewable energy grid. A team of researchers from the University of Alabama in Huntsville (UAH), led by Dr. George Nelson, associate professor of mechanical and aerospace engineering is studying the effect of charging cycles on the structure of […] Read more
GE to Digitize Tata Power’s Renewable and Thermal Fleet in India Updated On Thu, Jan 24th, 2019 by Saurenergy This is the first implementation of GE’s Predix Asset Performance Management (APM) solutions in India, will be the backbone of Tata Power’s Reliability Centered Maintenance (RCM) digitisation strategy. General Electric (GE), an American Multinational Conglomerate has announced that it will implement the first Predix Asset Performance Management (APM) solution in India for Tata Power’s thermal […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
India Calls for Diaspora Role in Developing RE Sector Updated On Wed, Jan 23rd, 2019 by Saurenergy V.K. Singh called for suggestions from the participants at the Indian diaspora conclave, on how to develop solar energy. India has called upon its diaspora to play a role in boosting the renewable energy sector, with Minister of State for External Affairs V.K. Singh calling for suggestions from the participants at the Pravasi Bharatiya Divas […] Read more
