ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
India Rapidly Progresses Towards Renewable Energy, says R K Singh Updated On Thu, May 10th, 2018 by Saurenergy “India is making quick progression in the field of renewable energy and the government is committed to achieving the said target by 2022,” said Minister of Power and New Renewable Energy (MNRE), R K Singh. India’s set target of touching 175 GW of renewable energy capacity addition has already seen the accomplishment of 70 GW […] Read more
China Successfully Tests Battery For Renewable Energy Storage Updated On Wed, May 9th, 2018 by Saurenergy The project of energy storage system with batteries was tested in Dalian Institute of Chemical Physics in northern China’s Liaoning Province. For the first time a lead carbon battery for storing power generated from solar panels is developed by Chinese scientists. The claim is that with such devices at disposal the electricity supply is stable […] Read more
Renewable Energy Industry Creates 5 Lakh New Jobs Globally Updated On Tue, May 8th, 2018 by Saurenergy In a recent report published by International Renewable Energy Agency (IRENA) titled ‘Renewable Energy and Jobs – Annual Review’, it says the 10 million mark was surpassed for the first time as the industry gave jobs to around 10.3 million in 2017. In a steep growth in 2017, renewable energy industry created over 500,000 new […] Read more
Benefits Slashed at Vermont for Renewable Energy Program Updated On Sat, May 5th, 2018 by Saurenergy “Renewable energy is flourishing in Vermont and has reached a level of maturity where it can continue to be deployed with lower incentives,” the commission said. A United States state, Vermont has decided to reduce the financial benefits for the customers who supply surplus power to the grid and get a credit on their electric bills. […] Read more
Renewable Energy Giants Ink New Partnership Deal Updated On Thu, May 3rd, 2018 by Saurenergy With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business in coming years. A three-year partnership between Array Technologies and sPower was announced at the GTM Solar Summit in southern California. With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business […] Read more
India Inks Pact with Guyana for New & Renewable Energy Technologies Updated On Thu, Apr 26th, 2018 by Saurenergy The MoU aimed to establish the basis for a cooperative institutional relationship to encourage and promote bilateral technical cooperation on new and renewable energy on the basis of mutual benefit, equality and reciprocity between the two countries. India and Guyana has signed a Memorandum of Understanding (MoU) to promote cooperation in developing new and renewable […] Read more
India, Morocco Sign MoU to Develop New & Renewable Energy Technologies Updated On Wed, Apr 25th, 2018 by Saurenergy The areas of cooperation will focus on development of new and renewable energy technologies in the field of solar energy, small hydro, biomass/ bio-energy and capacity building. India and Morocco has signed a Memorandum of Understanding (MoU) to promote cooperation in developing new and renewable energy technologies. The MNRE said in a statement that, […] Read more
J&K Cabinet Okays Setting Up of JK Renewable Energy Corporation Updated On Wed, Apr 25th, 2018 by Saurenergy The corporation will be a private limited company wholly owned by the state government with an authorised share capital of Rs 1 crore fully paid up and subscribed by the Jammu and Kashmir government. In a move to boost the usage of green energy, the Cabinet of Jammu and Kashmir has given its approval for […] Read more
