TransAlta Renewables Net Earnings Slip in Q1 Updated On Tue, May 12th, 2020 by Saurenergy Canada-based independent power producer (IPP) TransAlta Renewables has reported a sharp decline of CAD 73 million in its net earnings attributable to common shareholders to merely CAD 3 million, during the first quarter of 2020. The company’s net earnings attributable to common shareholders stood at CAD 76 million in the same period last year. Further, […] Read more
Brazilian Solar Industry Feels the Heat of Both Falling Economy, COVID-19 Updated On Tue, May 12th, 2020 by Saurenergy With the rising cost of imports, shrinking power demand and indefinite postponement of auctions amid coronavirus crisis, Brazilian solar photovoltaic (PV) industry is feeling the heat which may likely to impact the momentum of the annual installation. Brazilian PV sector’s annual installation capacity is expected to decline to 0.7 GW in 2020, from 1.3 GW […] Read more
Span Raises $10.2 Mn in Series A Round from Investors Updated On Tue, May 12th, 2020 by Saurenergy With an aim to boost its expansion plan, California-based Span.IO, Inc. has announced the raising of USD 10.2 million in Series A round of funding from investors. Further, this Series A round was led by ArcTern Ventures and joined by Capricorn Investment Group, Incite Ventures, along with existing investors including Congruent Ventures, Energy Foundry, Hardware […] Read more
India needs 30-fold Jump in Renewable and Nuclear Energy: Dr. Anil Kakodkar Updated On Tue, May 12th, 2020 by Saurenergy In order to make 70 percent carbon free energy, India will require a 30-fold surge in both renewable energy and nuclear energy along with doubling of thermal energy, said Dr. Anil Kakodkar. Dr. Kakodkar, a Padma Vibhushan awardee and a former Chairman of Atomic Energy Commission and Chairman of Rajiv Gandhi Science & Technology Commission, […] Read more
Smart Prepaid Meters Enable Discoms Generate 95% Billing Efficiency amid Lockdown Updated On Tue, May 12th, 2020 by Saurenergy Despite lockdown imposed across the country due to coronavirus crisis, the use of smart prepaid meters is helping power distribution companies (Discoms) in generating around 95 percent of billing efficiency, along with an average 15-20 percent increase in monthly revenue per consumer. This is significant as most of the Discoms amidst lockdown in the country […] Read more
SECI to Organize Stakeholders Consultation Meet for 100MW Solar + BESS Project in Chhattisgarh Updated On Mon, May 11th, 2020 by Saurenergy Nodal agency the Solar Energy Corporation of India (SECI) will be organizing an online stakeholder’s consultation meeting in the state of Chhattisgarh for solar plus battery energy storage system (BESS). The meeting will be with respect to SECI’s upcoming project for the designing, engineering, supplying, construction, erection, testing and commissioning of 100 MW (AC) solar […] Read more
PGCIL Issues Statcom Package-I & II Tenders for Evacuating 8.1 GW Solar Energy in R’sthan Updated On Mon, May 11th, 2020 by Saurenergy State-owned Maharatna company Power Grid Corporation of India Ltd (PGCIL) has floated a tender for Statcom Package-I & II for the evacuation of 8.1 GW of power from solar energy zones in Rajasthan. The PGCIL described in a tender document for package-I as “Statcom Package-I for Statcom at 400kV Fatehgarh-II PS associated with transmission system […] Read more
Okaya Joins CharIN EV to Enhance Charging Experience, Promote E-Mobility Updated On Mon, May 11th, 2020 by Saurenergy With an aim to enhance charging experience and promote electric mobility in the country, Okaya Power Pvt Ltd, an arm of Rs 7 billion Okaya Power Group, has now become a member of the Charging Interface Initiative (CharIN E.V.), an open coalition of world-class firms within the electric vehicle (EV) industry. Berlin-based CharIN E.V. is […] Read more
Tender Floated for Off-Grid Solar Power Supply to LED Pathway Lights for Indian Navy Updated On Mon, May 11th, 2020 by Saurenergy State-owned Military Engineer Services (MES), which provides an infrastructure for armed forces, has invited bids for the supply of distributed solar energy to LED pathway lights. The scope of work includes the provisioning of off-grid solar electric supply to LED pathway lights at Nofra under GE Gomantak Vasco. The start date and time for downloading […] Read more
