Govt to Achieve Target of 100 GW of Solar Power by 2022: R K Singh Updated On Thu, Dec 21st, 2017 by Saurenergy The government is confident of achieving the target of 100 GW of solar power capacity by 2022 says Power Minister. The Union Government is confident of achieving the target of 100 Gigawatt (GW) of solar power capacity by 2022, Minister of State (Independent Charge) for Power and Renewable Energy R K Singh said. While speaking […] Read more
Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
Solar Power Generating Capacity in South Korea to Increase by Five Times by 2030 Updated On Wed, Dec 20th, 2017 by Saurenergy South Korea plans to add 30.8 gigawatts of solar power generating capacity and 16.5 gigawatts of wind power capacity by 2030. South Korea plans to increase its solar power capacity by five times current amounts by 2030 to boost use of renewable sources in the nation’s energy mix, reuters news agency reported. Since President Moon […] Read more
Major Policy Initiatives undertaken by Government for increasing share of Renewable Energy in total installed capacity Updated On Tue, Dec 19th, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed about the major policy initiatives undertaken after June 2014 for increasing the share of renewable energy in total installed capacity. These are as under: – Announced a cumulative […] Read more
Central Railway Installs 28 Solar Power Plants Updated On Mon, Dec 18th, 2017 by Saurenergy Mumbai and Solapur divisions have nine solar power plants each, while Pune, Nagpur and Bhusaval have three plants each and one is at the Matunga workshop in Mumbai To promote green/renewable energy in the country, the Central Railway has installed a total 28 solar power plants with a capacity of 924 kilowatt peak (KWp) on […] Read more
Belgian Firm Plans to Invest Rs 1,000 Crore in Renewable Energy in India Updated On Sat, Dec 16th, 2017 by Saurenergy Over the next one to two years, Belgian Firm will invest anywhere between Rs 800 – Rs1,000 crore for renewable energy venture in India. Belgian retail giant Colruyt Group is gearing up to make a big splash in the renewable energy space in India and has lined up an investment of around Rs 800-1,000 crore […] Read more
Glass with Switchable Opacity Could Improve Solar Cells and LEDs Updated On Thu, Dec 14th, 2017 by Saurenergy Switchable glass available today is quite expensive because it uses transparent conducting layers to apply a voltage across the entire glass. Using nanoscale grass-like structures, researchers at the University of Pittsburgh, Pennsylvania have created glass that lets through a large amount of light while appearing hazy. This is the first time that glass has been […] Read more
President of India gives away National Energy Conservation Awards and National Painting Competition Prizes for 2017 Updated On Thu, Dec 14th, 2017 by Saurenergy Industry must cooperate with Government to set up Energy Banks, to meet increasing Energy demand in the Country: Shri Ram Nath Kovind India to reduce Energy Intensity of Economic Growth by one-third by 2030, aim towards Responsible Growth: Shri R.K. Singh India to exceed its Renewable Energy target of 175 GW, to comfortably cross 200 […] Read more