String Inverter Market size to cross USD 7 billion by 2024: Global Market Insights Updated On Sat, Feb 11th, 2017 by Saurenergy India accounted for over 6% of 2015 Asia Pacific string inverter market share and should witness considerable growth on account of increasing clean fuel electricity demand said Global Market Insights Global Market Insights forecasts the string inverter market size to exceed $7bn by 2024. According to the research firm rising demand for continuous and reliable […] Read more
Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022 Updated On Mon, Feb 6th, 2017 by Saurenergy The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […] Read more
NEXTracker NX Fusion Plus Updated On Tue, Jan 31st, 2017 by Saurenergy Product Brief: NEXTracker has designed an innovative solar plus energy-storage solution ‘NX Fusion Plus’ US and international markets. NX Fusion Plus integrates solar tracker, battery, inverter, and software to deliver better return on investment to owners of solar power plants. By incorporating battery storage technology into its product, NEXTracker is further increasing the energy output […] Read more
China Eyes £292bn Splurge in Renewable Power by 2020 Updated On Tue, Jan 31st, 2017 by Saurenergy China will invest 2.5tn yuan (£292bn) into renewable power generation by 2020, the country’s energy agency has said, committing the next step towards clean energy. The investment are known to create more than 13 million jobs in the sector, the National Energy Administration said in a blueprint document that lays out its plan to develop […] Read more
Gujarat DISCOMs Fail to Meet Purchase Target for Renewable Energy Updated On Tue, Jan 24th, 2017 by Saurenergy GUVNL DISCOMs fails to meet purchase target of renewable energy sources. Gujarat Urja Vikas Nigam Ltd (GUVNL) affiliated four distribution companies (DISCOMs) fell short of purchasing required renewable energy in 2015-16 on account of low supply of power from wind and other renewable energy sources. Under the Renewable Purchase Obligation (RPO), a distribution company is […] Read more
Ministry of Commerce & Industry releases Make in India New and Renewable Energy Sector – Achievement Report Updated On Thu, Jan 19th, 2017 by Saurenergy The New & Renewable Energy sector has witnessed the highest ever-solar power and wind power capacity addition over the last two years since April 2014. The Government has set a target of 175 GW of renewable energy capacity by end of 2022, making it the largest expansion in the world and providing plenty of opportunities […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Energy Storage India 2017 Brings Global Industry Leaders in Energy Storage and Micro-grids to India Updated On Mon, Jan 16th, 2017 by Saurenergy Energy Storage India Conference and Expo was held at the Nehru Convention Centre in Mumbai, organized by Customized Energy Solutions and Messe Dusseldorf India, powered by India Energy Storage Alliance. Mumbai recently hosted a specialized International Conference and Expo on Energy Storage and Microgrids with over 250 delegates and 1000+ visitors. The 4th edition of […] Read more
Money Invested In Renewable Energy Is Not Enough: IRENA Updated On Mon, Jan 16th, 2017 by Saurenergy Investment in renewable energy has increased dramatically in the last decade, but the rate of growth is not sufficient yet to meet the climate goals Abu Dhabi-based green energy organization, IRENA on Sunday said money invested in renewable energy is not enough to reach a climate goal of limiting global warming to 2.0 degrees Celsius. […] Read more
