Next Intervention in Power Systems Operation is AI: POSOCO CMD Updated On Mon, Jul 27th, 2020 by Saurenergy National Grid Operator POSOCO CMD KVS Baba has said that the next great thing that POSOCO will use for demand forecasting is AI (Artificial Intelligence). National Grid Operator POSOCO CMD KVS Baba has said that the next great thing that Power System Operation Corporation (POSOCO) will use for demand forecasting is AI (Artificial Intelligence). Speaking […] 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
AP Govt Seeking Private Investments for Large Scale RE Projects Updated On Thu, Jul 23rd, 2020 by Saurenergy The Andhra Pradesh government has formulated a comprehensive policy to promote private investments in the renewable energy (RE) sector The Andhra Pradesh government has formulated a comprehensive policy to promote private investments in the renewable energy (RE) sector, as the state is looking to exploit its immense potential to produce solar and wind power. As reported […] Read more
MNRE Slashes Benchmark Costs for Rooftop Solar Installations Updated On Thu, Jul 23rd, 2020 by Saurenergy MNRE has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems in FY 2020-2021. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year […] 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
EDF Renewables Announces Wind Projects Worth 360 MW in Chile Updated On Tue, Jul 21st, 2020 by Saurenergy EDF Renewables has announced two significant steps forward in wind power in Chile. The first relates to the 60 MW extension of the Cabo Leones I wind farm located in northern Chile. The second relates to the award of land allowing up to 300 MW wind capacities. These future developments form part of the EDF […] 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
Ayala’s AC Energy to Build 100 MW Solar Plant in India Updated On Mon, Jul 20th, 2020 by Saurenergy Ayala Corporation’s subsidiary AC Energy is making its first major investment in India by developing the 100 MW ac Sitara solar plant in Rajasthan, India. Ayala Corporation’s subsidiary AC Energy is making its first major investment in India by developing the 100 MW ac Sitara solar plant through its joint venture with UPC Renewables China […] Read more
Now Punjab Wants to Tear Up Solar Contracts Updated On Fri, Jul 10th, 2020 by Saurenergy Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […] Read more