Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal Updated On Fri, May 22nd, 2020 by Saurenergy The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […] Read more
JinkoSolar Tops in Module Shipments to India in Q1 2020 Updated On Fri, May 22nd, 2020 by Saurenergy JinkoSolar Holding, a leading solar module manufacturer, has topped in the list of solar module suppliers to India during the January-March quarter of 2020, as per the research and advisory services provider firm. According to the quarterly report of JMK Research and Analytics, in which it has ranked domestic and international module suppliers based on their shipments […] Read more
Pandemic is Hurting but not Halting Global Renewable Growth: IEA Updated On Fri, May 22nd, 2020 by Saurenergy The COVID-19 Pandemic will force 2020 to witness the first annual decline in new renewable additions in 20 years, but their growth is expected to bounce back next year. The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the […] Read more
Energy Storage Market to Rebound Strongly in 2021: Frost & Sullivan Updated On Thu, May 21st, 2020 by Saurenergy Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. The “Outlook for the Global Energy Storage Industry, 2020,” predicts the market to decline, […] Read more
EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF Updated On Wed, May 20th, 2020 by Saurenergy Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […] Read more
India Adds 1043 MW of Utility-Scale Solar and Wind Capacity in Q1: BTI Updated On Wed, May 20th, 2020 by Saurenergy India added about 715 MW of utility-scale solar capacity and 328 MW wind capacity in the January to March quarter, according to a new report India added about 715 megawatts (MW) of utility-scale solar capacity in January-March 2020, down 67 percent from 2163 MW during the same period last year, a report said. According to […] Read more
India’s Solar, Wind Capacity Installation Falls 70% in Q1 2020 Updated On Mon, May 18th, 2020 by Saurenergy The solar and wind energy installations in India fell short by 70 percent with 720 MW of solar energy and 188 MW of wind energy projects installed during the January-March quarter of 2020, as compared to the previous quarter, as per the research and advisory services provider firm. On a yearly basis, India commissioned 35 […] Read more
Facebook Green Energy Goals Speeding Transition in New Mexico: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Construction of a major Facebook data center in New Mexico has lifted the local economy and accelerated the state’s transition toward renewable electricity Construction of a major Facebook data center in Los Lunas, New Mexico, has lifted the local economy and accelerated the state’s transition toward renewable-powered electricity, concludes a report published recently by the Institute […] Read more
