Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
Okaya Set to Clock Rs 1,150 Cr Revenue in FY 18-19 Updated On Wed, May 16th, 2018 by Saurenergy The company has achieved it’s turnover of Rs 720 crore in FY 17-18 and further aims to clock Rs 1,150 crore revenue in FY 18-19. One of the leading power back-up companies, Okaya Power, which recently announced its ambitious foray in Lithium ion batteries segment, has set an ambitious target to grab majority of market share in […] Read more
India’s Energy Mix Will be Substantially Complemented by Renewable Energy: Petroleum Minister Updated On Wed, May 16th, 2018 by Saurenergy “We are going to generate around 175 Gigawatt of renewable energy on solar, wind, bio-CNG, bio-fuel to small hydro projects in the near future, India’s energy mix will be substantially complemented by renewable energy,” he said. India’s energy mix will be substantially complemented by renewable energy and the country is going to generate around 175 Gigawatt of […] Read more
NavSemi Technologies Now Becomes Alpha Tech Energy Solutions India Updated On Wed, May 16th, 2018 by Saurenergy The company’s move is part of an initiative to better reflect its connection to its parent company Alpha Technologies, Inc. USA. Bangalore-based solar energy equipment supplier NavSemi Technologies Private Limited has changed its name to Alpha Tech Energy Solutions India Private Limited. The company’s move is part of an initiative to better reflect its […] Read more
Maharashtra Saw Overwhelming Response to 1000 MW Auction Updated On Tue, May 15th, 2018 by Saurenergy Mahoba Solar got 200 MW at Rs 2.71 per unit while as Technique Solar got 20 MW at the same price. Similarly, others who participated in the auctions were ReNew Solar Power which got 250 MW; Acme Solar Holdings won 250 MW, Tata Power Renewable Energy that got 150 MW, and Shapoorji Pallonji Infrastructure Capital that won 80 […] Read more
India, Peru Ink MoU for Co-op in New & Renewable Energy Updated On Mon, May 14th, 2018 by Saurenergy Peru is a founder member of the International Solar Alliance (ISA), established with India taking the initiative. During the Vice President M. Venkaiah Naidu’s week-long visit to three Latin American countries, India and Peru has signed a pact in Lima on cooperation in the field of New and Renewable Energy. Also, Peru is a founder […] Read more
Andhra Pradesh to Give Farmers Power to Sell Power Updated On Mon, May 14th, 2018 by Saurenergy The project will be launched on a pilot basis in Visakhapatnam, Vizianagaran and Srikakulam district. The first 75,000 solar pump sets worth Rs 3.5 lakh each will be provided to farmers in these districts. On an estimate the pilot project will cost around Rs 2,625 Crore. Andhra Pradesh government is planning to initiate a scheme […] 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
Installed Renewable Energy Capacity Nearly Doubled Since 2014, says Govt Updated On Mon, May 14th, 2018 by Saurenergy With 70 GW installed renewable power capacity, renewable energy has a share of over 20 percent of the total installed capacity in the country, it further added. In a major boost to cleaner and greener planet, the total renewable energy installed capacity of the country has risen significantly in just four years i.e. from 36 […] Read more