Energy Efficiency Measures Help India Save Extra Rs 35,495 Cr in a Year Updated On Wed, May 6th, 2020 by Saurenergy By adopting various energy efficiency measures, India witnessed approx. 66 percent higher savings to Rs 35,495 crore during 2018-19. It was revealed by an expert agency PricewaterhouseCoopers (PwC Ltd) via its report – Impact of energy efficiency measures for the year 2018-19. The report was released by the Power Minister R.K. Singh through Video conference. […] Read more
PV Is Entering The AI Era- Huawei Leaders Updated On Wed, May 6th, 2020 by Saurenergy A special contribution from Tony Xu, President of Huawei Ascend Computing Business and Chen Guoguang, President of Huawei Smart PV Business, on the next big thing for PV’s. Artificial Intelligence, (AI) 1 AI Enables All Industries We are entering a fully connected, intelligent world. Over the last few years, AI has become a high-frequency word, […] Read more
Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] Read more
ReneSola, ProSun Solar Ink 150 MW Distribution Pact in Australia Updated On Wed, May 6th, 2020 by Saurenergy ReneSola, a leading solar module manufacturer, and Prosun Solar, a leading distributor of solar power equipment in Australia, have entered into a 150 MW distribution agreement in Australia. Commenting on the deal, Sky Wang, CEO of ReneSola Yixing Co. Ltd, a company in Jiangsu Province, said that “Australian solar market is actually growing impressively. We […] Read more
IEX Reports 6.6 Percent Decline in Power Trade in April 2020 Updated On Wed, May 6th, 2020 by Saurenergy IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […] Read more
Moody’s Lowers Forecast for Global Green Bonds Issuance due to COVID-19 Updated On Wed, May 6th, 2020 by Saurenergy Moody’s has lowered its forecast for global sustainable (green) bonds issuance this year after economic fallout from the coronavirus outbreak Bond credit rating agency Moody’s has stated that it has lowered its forecast for global sustainable bond issuance this year after economic fallout from the coronavirus outbreak reduced green bonds volumes in the first quarter, […] Read more
Renewables Unaffected as Thermal Generation Suffered Amid Lockdown: India Ratings Updated On Wed, May 6th, 2020 by Saurenergy The decrease in demand has seen electricity generation from all sources (excluding renewables) take a hit in March 2020 with thermal generation at the front. According to a new analysis, the power demand in India declined for March and April amid the COVID-19 led lockdown, however, with the decrease in demand, electricity generation from all […] Read more
Government First. Record Drop in Global Fuel Prices leads to Record Tax Hikes in India Updated On Wed, May 6th, 2020 by Saurenergy Sticking to a well worn script by now, of not allowing retail fuel prices to go below a loosely defined floor, the government of India yesterday hiked excise duty on the motor fuels by a record Rs 10 per litre on petrol and Rs 13 per litre on diesel. This is expected to help mop […] Read more
Ashish Khanna, MD & CEO, Tata Power Solar on Workforce Development Updated On Tue, May 5th, 2020 by Saurenergy A skilled workforce is a crucial element that contributes to a vibrant industry, something that is true for the renewable energy industry in the country too. Lack of skilled manpower has been identified as one of the most prominent challenges for the sector. So workforce development is an essential and ongoing process for any organization […] Read more
