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
Mytrah Energy to Set 300MW Wind Project to Power SECI Updated On Mon, Sep 17th, 2018 by Saurenergy Mytrah Energy’s winning bid for 300MW of capacity was part of the fourth tranche of SECI ISTS wind reverse auctions in which a total of eleven companies had participated. Adding weight to its portfolio, Mytrah Energy has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for setting up a 300 MW […] Read more
Azure Roof Power to Electrify Government Buildings in Madhya Pradesh and Delhi Updated On Sat, Sep 15th, 2018 by Saurenergy Azure Power, one of India’s leading independent solar power producers, announced it has won 11.2 MW and 600 KW rooftop solar power projects in bids conducted by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) and Indraprastha Power Generation Company Ltd (IPGCL) respectively. Azure Power will provide power for 25 year to various Government establishments in […] 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
Renewable Energy May Cause $6 Trillion Fossil-Fuel Divestment Updated On Wed, Sep 12th, 2018 by Saurenergy J P Morgan mentions that contrary investment in the renewable energy would pose a high risk on shareholder returns for the oil giants. With an increased pressure from governments and consumers to use renewable energy, oil industry is eyeing investing in alternative sources of energy. Leading market analyst, J P Morgan suggests that the global […] Read more
Indian Smart Cities Shining Brighter with Sun Updated On Wed, Sep 12th, 2018 by Saurenergy A great scientist, thinker, writer and Former President of India, Dr. A.P.J. Abdul Kalam, dreamed of seeing India as a ‘Developed Country’ by 2022 when it celebrates its 75th Independence Day. The roadmap of ‘Smart Cities’ is a part of the ‘India Vision 2020’ which initially designed by the Government of India’s Technology Think Tank […] Read more
Mahindra Susten’s Mobile PV Lab Touches 1 GWp Testing Milestone Updated On Tue, Sep 11th, 2018 by Saurenergy India’s first mobile solar photovoltaic (PV) testing lab was designed and developed by the Mahindra Susten itself. Leading Solar EPC services company Mahindra Susten has recently completed a milestone of 1 GWp of plant testing. India’s first mobile solar photovoltaic (PV) testing lab was designed and developed by the Mahindra Susten itself. Mahindra Susten is part of […] Read more
Sony Enters RE100 Initiative for 100% Renewable Energy Updated On Mon, Sep 10th, 2018 by Saurenergy RE100 consists of companies committed to using 100% renewable electricity, and comprises over 140 member companies worldwide of which Sony is now a part. Sony Corporation has joined RE100, an initiative operated by the international non-government organization (NGO) The Climate Group in partnership with CDP, a UK based environment researcher. In so doing, Sony will aim […] Read more
IEX, PXIL Green Certificate Sales Nosedive 49.34% in August Updated On Fri, Aug 31st, 2018 by Saurenergy The drop in the sales of RECs took place within a time period of 1 month as it was around 16.18 lakh in July, 2018. Sales of Renewable Energy Certificates (REC) plunged around 49.34 percent to 8.19 lakh units on the country’s REC Exchanges, Indian Energy Exchange (IEX) and Power Exchange of India (PXIL). The […] Read more