SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms Updated On Wed, Jul 10th, 2019 by Saurenergy SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […] Read more
Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions Updated On Thu, Jul 4th, 2019 by Saurenergy The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […] Read more
US Renewables to Outpace Coal for Entire 2Q of 2019 Updated On Mon, Jul 1st, 2019 by Saurenergy Utility-scale renewables in the US have been predicted to will generate more electricity than coal through the entire second quarter of 2019 According to a new analysis, utility-scale renewables in the U.S. generated more electricity than coal for the first time in April, and the trend will likely persist through the entire second quarter of […] Read more
China To Dominate CSP Revival in Long Term Updated On Mon, Jul 1st, 2019 by Saurenergy Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […] Read more
Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur Updated On Mon, Jun 24th, 2019 by Saurenergy Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
Siemens Gamesa Commissions Heat-Based Energy Storage Project Updated On Fri, Jun 14th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has begun operation of its electric thermal energy storage system, to store large quantities of energy cost-effectively Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). The innovative storage technology makes it possible to store large quantities of energy cost-effectively and thus decouple electricity […] Read more
R K Singh Pushes For Clean Energy in Meeting With Gencos Updated On Fri, Jun 14th, 2019 by Saurenergy R K Singh recently held a meeting to address implementation issues regarding thermal power stations to reduce emissions and made a case for clean energy. Re-elected Power and New and Renewable Energy Minister, R K Singh, recently held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of […] Read more
