Reliance Issues EoI For Procurement of Renewable Power Updated On Wed, Mar 13th, 2019 by Saurenergy The last date for bid submission is March 25, 2019. Reliance Industries Limited (RIL) has invited Expression of Interest (EoI) for procurement of renewable energy from Generators, IPPs, DISCOMS, CPPs & Traders having valid Inter/Intra State Trading License issued by CERC or SERC for interstate and/or intrastate trading of energy for meeting its RPO. The […] Read more
EverSource Capital and NIIF to Invest $330 Mn in CDC’s Ayana Renewable Power Updated On Fri, Mar 1st, 2019 by Saurenergy This investment is a part of CDC’s commitment to invest a further $ 1.7 billion in India and neighbouring countries over the next three years. EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with UK-based Finance Institution CDC […] Read more
Viz-A-Viz with Ashish Khanna, President, Tata Power (Renewables) Updated On Tue, Feb 19th, 2019 by Saurenergy Our policymakers will have to create an effective regulatory framework for the development and installation of a widespread solar water pump network. It will be largely beneficial if our farmers are made aware of the many benefits that come along with the adoption of solar water pumps as well. Policymakers can also incentivize the use […] Read more
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
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
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
India to Fetch 18% Power from Renewable Energy by 2022: Moody’s Updated On Tue, Sep 25th, 2018 by Saurenergy Moody’s report also suggested that India as an aggressive seeker of reliance on the renewable energy segment is taking positive steps to align its power generation mix with its Nationally Determined Contribution (NDC) commitments under the Paris Climate Agreement. India’s installed renewable energy capacity might contribute 18 percent of the total electricity generation mix by the year […] Read more
Google Signs Renewable Energy Deal to Power Data Center Updated On Wed, Sep 12th, 2018 by Saurenergy In order to reduce its carbon footprint, Google has signed the deal under a power purchase agreement (PPA) which allows the technology giant to fetch energy directly from the generator. Internet related services and products provider, Google has signed a 10-year renewable energy deal to buy renewable energy from three upcoming wind farms of Finland […] Read more
Australia May Fetch 50% Power from Renewable Energy by 2025 Updated On Mon, Sep 10th, 2018 by Saurenergy The report suggests that even though the policy support 100 percent reliance on the renewable energy has collapsed following a voting, the solar developments have retained their unexpected pace. A report by a leading energy research, education and public policy organization, ANU Energy Change Institute has stated that if Australia maintains the current track of […] Read more