Discoms’ Revenues to Fall 13.1% With Decline in Power Demand: Report Updated On Fri, Jul 24th, 2020 by Saurenergy According to a new report, power demand is expected to decline by around 8% in current fiscal and is likely to result in a 13.1 percent YoY decline in revenues of Discoms. Power demand is expected to decline by around 8 percent in current fiscal due to the steep fall in demand from commercial and […] Read more
Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report Updated On Fri, Jul 24th, 2020 by Saurenergy Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […] Read more
Record Number of Microgrids Installed in US Last Year: WoodMac Updated On Thu, Jul 23rd, 2020 by Saurenergy 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined […] Read more
Renewables Trump Fossil Fuels in Europe for H1 2020: Report Updated On Thu, Jul 23rd, 2020 by Saurenergy In H1 2020, renewable energy sources generated 40 percent of the EU-27 (European Union) electricity as they trumped fossil fuels for the very first time In the first half (H1) of 2020, renewable energy sources – wind, solar and bioenergy – generated 40 percent of the EU-27 (European Unions) electricity as they trumped fossil fuels (34 percent) for the […] Read more
Electricity Demand to take Lasting 7-17% hit due to COVID-19: TERI Updated On Wed, Jul 22nd, 2020 by Saurenergy A new report released by TERI suggests the demand for electricity in India is expected to be 7 – 17 percent lower by 2025 due to the COVID-19 economic shock A new report released by The Energy Resource Institute (TERI) gives a picture of how electricity demand would be affected by the economic effects of […] Read more
Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA Updated On Tue, Jul 21st, 2020 by Saurenergy With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […] Read more
Solar Installations in Q1 2020 Slowed Down in India, China and US: Report Updated On Mon, Jul 20th, 2020 by Saurenergy According to a new report, Q1 of 2020 has been a particularly lousy installation period for solar panels with just 15.8 GW getting installed. According to a new report, quarter 1 (Q1) of 2020 has been a particularly lousy installation period for solar panels with only one quarter in the past 9, being lower with […] Read more
Over 1 Bn at Risk From Lack of Sustainable Cooling Access: SEforALL Updated On Fri, Jul 17th, 2020 by Saurenergy A new report from SEforALL looked at 54 countries and finds that 1.02 billion people lack cooling access and remain at high risk With significantly higher rates of poverty and malnutrition forecast throughout the year due to COVID-19, a new report from Sustainable Energy for All (SEforALL) shows that without access to sustainable cooling, countries will struggle to fully recover. The report ‘Chilling […] Read more
$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages Updated On Thu, Jul 16th, 2020 by Saurenergy A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […] Read more