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
SolarMax Technology launches its first all-in-one, fully integrated energy storage system in US Updated On Tue, Jun 14th, 2016 by Saurenergy SolarMax Technology has launched its first integrated, all-in-one–FLEX energy storage system in the US market. The company in a statement said launch timing couldn’t be better, particularly in states with a high propensity for power blackouts. In California, for example, more than 500 outages occur statewide each year. Annual report data from the state’s Public Utilities Commission […] Read more
Varanasi Municipal Corporation to install solar panel in its offices Updated On Tue, Jun 14th, 2016 by Saurenergy The Varanasi Municipal Corporation has signed a Memorandum of Understanding (MoU) with Renewable Energy Corporation of India (RECI) to install solar panels in its offices across the five zones and 14 sub-zones. Varanasi Municipal Corporation is the first municipal corporation in the state that has entered into a bilateral agreement with RECI on solar energy. […] Read more
Sungevity Installs Sunpreme Bifacial PV Panels at University of California, Berkeley’s Jacobs Institute Updated On Tue, Jun 14th, 2016 by Saurenergy Sungevity has announced that it has Installed Sunpreme Bifacial PV Panels at Jacobs Hall in University of California, Berkeley’s Jacobs Institute. The new solar system with Sunpreme Bifacial PV panels will do more than just help the Institute control its electricity bills — it will provide environmental benefit of having PV solar installed and is […] Read more
ABB connects 648 MW solar project in Tamil Nadu to the national transmission grid Updated On Mon, Jun 13th, 2016 by Saurenergy ABB has successfully commissioned solar photovoltaic project – made up of five plants in a single location. The mammoth 648 MW solar project at Kamuthi in the southern Indian state of Tamil Nadu connected by the company to the national transmission grid is the largest of its kind in the world. Adani Group in 2015 […] Read more
Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh Updated On Mon, Jun 13th, 2016 by Saurenergy Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […] 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
Will continue to support renewable energy projects in India: OPIC Updated On Sat, Jun 11th, 2016 by Saurenergy U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […] Read more
