Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years Updated On Fri, Jul 12th, 2019 by Saurenergy The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […] Read more
IL&FS Energy arm Puts Stake in 2 Wind Energy Assets on Sale Updated On Fri, Jul 12th, 2019 by Saurenergy IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited EoI to sell its stake in two wind energy assets Going ahead with its monetisation process, IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited expressions of interest (EoI) to sell its stake in Sipla Wind Energy Ltd and Mahidad Wind Energy Private Ltd. […] Read more
10 GW RE Capacity Added Under Green Energy Corridor: RK Singh Updated On Fri, Jul 12th, 2019 by Saurenergy India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project, Minister of Power and New and Renewable Energy, R K Singh has confirmed in a written response […] Read more
Sungrow Reaches 4 GW Milestone in Indian Market Updated On Thu, Jul 11th, 2019 by Saurenergy Sungrow has announced that its performance in India has reached 4 GW, becoming a major contributor to the decarbonisation of fast-growing Indian economy. Sungrow, a global leading inverter solution supplier for renewables, has announced that the Company’s performance in India has reached 4 GW, establishing it as a major contributor to the decarbonisation of fast-growing […] Read more
Maersk Parent Company Forays into Renewable Energy Sector Updated On Thu, Jul 11th, 2019 by Saurenergy In its first move away from shipping and Oil industry, Maersk parent company A.P. Moller will acquire Danish wind turbine supplier KK Group A.P. Moller Holding, that controls Danish shipping giant A.P. Moller-Maersk, has unveiled its first step into the renewable energy industry with the planned acquisition of Danish wind turbine supplier KK Group. The acquisition […] Read more
Is AP’s New Government Hurting Solar and Wind Investments Across India? Updated On Thu, Jul 11th, 2019 by Saurenergy After his resounding victory in the assembly polls, this is one promise industry wishes new CM YS Jaganmohan Reddy wouldn’t keep. But to the alarm of many, the Chief Minister seems to be serious about his threat to relook all the previous tenders, including solar and wind energy tenders, signed by the previous government, especially […] Read more
Vestas to Establish Nacelle and Hub Assembly Factory in India Updated On Thu, Jul 11th, 2019 by Saurenergy To expand its supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address […] Read more
Suntuity Group Announces Foray into Indian Solar Market Updated On Wed, Jul 10th, 2019 by Saurenergy Suntuity Group has announced its foray into the Indian solar sector with the commissioning of its maiden project. US-based solar solutions provider Suntuity Group has announced its foray into the Indian renewable energy sector with the commissioning of its maiden project in Maharashtra. “The company, part of Suntuity Group, is proud to announce its maiden roof-top […] Read more
EDF Renewables, Total Eren Sign PPAs for over 700 MW Solar Projects in India Updated On Tue, Jul 9th, 2019 by Saurenergy Total Eren and EDF Renewables have signed four 25-year PPAs, for four solar power projects totaling 716 MW of installed capacities in northern India. Total Eren and EDF Renewables have announced the signature of four 25-year long term Power Purchase Agreements (PPAs), for four solar power projects totaling 716 MW of installed capacities in northern […] Read more