Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment Updated On Thu, Feb 2nd, 2017 by Saurenergy FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […] 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
Asia Pacific will assume global leadership for clean energy in 2017: Frost & Sullivan Updated On Sat, Jan 21st, 2017 by Saurenergy Frost & Sullivan in its new report reveals that Asia Pacific will be global leader for clean energy and clean energy markets will remain positive in 2017, in the face of global uncertainty. The outlook for clean energy and environment markets in 2017 is seen to be balanced one with a slight positive inclination, despite […] 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
Global Microgrid Market Is Estimated To Reach $35 billion by 2022 : Research and Markets Updated On Wed, Jan 11th, 2017 by Saurenergy Growing emission of toxic gases and extreme weather conditions is a major factor which drives the microgrid market. Research and Markets forecasts the global microgrid market to reach $35 billion by 2022 with CAGR of 12% during 2016-2022. Many factors such as low costs for clean energy, energy storage technologies in microgrids, the military […] Read more
Developments in the Renewable Energy Sector Updated On Wed, Jan 11th, 2017 by Saurenergy The renewable energy sector is getting stronger, and becoming a prominent component of our energy infrastructure. One reason for the increasing popularity of green energy is that is becoming cheaper to produce. Michael Liebreich, chairman of the advisory board for Bloomberg New Energy Finance (BNEF) said that recent solar and wind auctions in Mexico and […] Read more
Vibrant Gujarat Summit to fuel Renewable Rnergy MoUs of worth Rs 1 lakh crore Updated On Mon, Jan 9th, 2017 by Saurenergy Renewable Energy MoUs worth Rs 1 lakh crore to get signed in Vibrant Gujarat Global Summit 2017 After remaining quiet for some time, the renewable energy sector in Gujarat is waiting to buzz again this Vibrant Gujarat Global Summit (VGGS). This is evident from renewable energy projects worth a massive Rs 1 lakh crore of […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
