A Path breaking Journey in Renewable Energy through last 4 years Updated On Tue, Jun 5th, 2018 by Saurenergy Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […] Read more
Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion Updated On Mon, Jun 4th, 2018 by Saurenergy The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019. With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays […] Read more
Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Heraeus Backs China’s Efforts for Clean Energy, Creating “Global Tipping Point” for Renewable Energy Updated On Thu, May 31st, 2018 by Saurenergy Performance gains, continual innovation and critical mass of adoption puts renewable energy on inevitable path to becoming the cheapest form of generating electricity, Heraeus Photovoltaics President Liebheit says. Andreas Liebheit, Heraeus Photovoltaics President said that the world’s energy picture is reaching a global tipping point that will establish solar energy and other renewable sources as […] Read more
Sterling and Wilson to Deliver the Largest Battery Energy Storage Project in Africa Updated On Wed, May 30th, 2018 by Saurenergy Three battery sites totalling 30MWh including single largest installation of 17MWh part of a hybrid micro grid powered by Solar, Diesel and Battery Energy Storage Deal marks formal entry of one of the world’s largest solar EPC into the Hybrid and Energy Storage space Sterling and Wilson, an Indian multinational engaged in engineering, construction, manufacturing […] Read more
Chandigarh Can’t go Green by 31st December Updated On Mon, May 14th, 2018 by Saurenergy The deadline and desirability of making city 100% renewable energy powered was set by Ministry of New and Renewable Energy (MNRE). However, as said by the electricity department of Chandigarh, the target cannot be achieved in such time frame; rather it can only be achieved in the long term. As the deadline for becoming 100% […] Read more
Eastman’s Maintenance-Free Gel Batteries Successfully Hits Energy Storage Market Updated On Tue, May 8th, 2018 by Saurenergy The highlight of gel batteries is that the electrolyte contained in it does not flow like a liquid ensuring an instant start and long-lasting performance. The gel batteries manufactured by Eastman Auto and Power Ltd, a leading company in the energy storage segment and solar solutions, are making a mark in the power backup market […] Read more
Viz-A-Viz with Harsh Thacker, Sr Analyst- MOVE (Moving Onwards Vehicle Electrification) Updated On Mon, Apr 30th, 2018 by Saurenergy Q. With all automobile companies helming towards Electric Vehicles, demand for energy and suitable ecosystem is the initial glitch, how is IESA working to outpace these snags? India has a significant market potential for batteries and electric vehicles. Our analysis projects the EV market potential for India would be around 77 million between now […] Read more