MNRE Issues Order Mandating Procurement of Locally Made Products Updated On Fri, Dec 14th, 2018 by Saurenergy Department of Industrial Policy and Promotion had earlier issued a notification in June 2017, mandating public procurement should encourage Make in India policy. Ministry of New and Renewable energy has issued an order mandating that public procurements should encourage Make in India to promote manufacturing and production of goods and services in India with a […] Read more
NTPC Touches 5 Trillion MW of electricity generation Updated On Tue, Dec 4th, 2018 by Saurenergy With multiple tenders issued across different genre, company has projects of over 20,000 MW under construction at multiple locations in the country. One of the India’s largest energy producers, National Thermal Power Corporation (NTPC) has achieved a milestone of generating 5 trillion units as on November 30,, 2019 using its power infrastructure spread across the […] Read more
Low-ceiling tariff by SECI gets auction postponed again for 1200 MW Hybrid Tender Updated On Mon, Oct 29th, 2018 by Saurenergy The main reason was poor response from developers, who claimed to have stayed away mainly because SECI had set a tariff ceiling for the auction at Rs 2.60 per unit, which developers felt was too low. The auction, which was to be held on October 26, is now set for November 14. SECI has postponed its […] Read more
PNM to Add 100MW of Solar in New Mexico to Serve Facebook Data Center Updated On Sat, Oct 20th, 2018 by Saurenergy PNM Resources’ (NYSE: PNM) New Mexico utility, PNM, received approval on Wednesday from the New Mexico Public Regulation Commission (NMPRC) to purchase 100 megawatts of solar generation from NM Renewable Development, LLC (NMRD) in order to continue serving the Facebook data center in New Mexico with 100 percent renewable energy. This addition supports the goal to achieve a more […] Read more
Statkraft to Invest $1.2 Bn in Renewable Energy Updated On Thu, Sep 27th, 2018 by Saurenergy In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […] Read more
Viz-A-Viz with Praveer Sinha CEO and MD, Tata Power Company Ltd Updated On Mon, Jul 2nd, 2018 by Saurenergy Q. As in recent quarters Tata Power’s renewable portfolio proved to be a boon for the financial health of the company. How do you see the future of the company’s renewable segment in the country in coming years? As Tata Power aims to achieve up to 40% of its generation capacity from non-fossil fuel by […] 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
Enphase Energy Hires Ramesh SubbaRao as GM Commercial Operations India Updated On Wed, May 30th, 2018 by Saurenergy He will oversee the company’s commercial operations in the India region, with a focus on the country’s dominant commercial and industrial (C&I) segment. Solar microinverters provider Enphase Energy has appointed Ramesh SubbaRao as Vice President and General Manager, India Commercial Operations. He will oversee the company’s commercial operations in the India region, with a focus […] Read more
SA Signs Renewable Energy Deals with IPP Updated On Thu, Apr 5th, 2018 by Saurenergy The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […] Read more
