Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
Renew Financial Sells Residential PACE Assets for $160 Million Updated On Mon, Feb 3rd, 2020 by Saurenergy Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […] Read more
Innogy Builds its 1st Battery Storage Facility in Ireland Updated On Mon, Feb 3rd, 2020 by Saurenergy innogy SE has announced that it has taken the final investment decision (FID) for a large-scale battery storage facility in Ireland innogy SE has announced that in advancing its renewables business by moving into battery storage technology in Ireland, it has taken the final investment decision (FID) for a large-scale battery storage facility in the […] Read more
MERC Offers Extension to 9 Wind Generators to Install Special Energy Meters Updated On Mon, Feb 3rd, 2020 by Saurenergy MERC has approved the petition filed by 9 wind energy generators, granting a period of 3 months for installation of individual Special Energy Meters The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by nine renewable (mainly wind) energy generators, granting an extended period of 3 months for completing […] Read more
SECI Extends EOI for Buying and Blending Conventional Power With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy SECI has extended the deadline for its EOI issued for the purchasing and blending of battery, conventional power with RE sources in India The Solar Energy Corporation of India (SECI) has extended the deadline for its Expression of Interest (EOI) issued for the purchasing and blending of battery, conventional and hydro power with renewable energy […] Read more
Joule Helping 25,000 New York Households to Save Electricity Costs With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy Joule Community Power has rolled out community choice aggregation programs to more than 25,000 households in seven communities in New York State. Joule Assets, via Joule Community Power, has rolled out community choice aggregation (CCA) programs to more than 25,000 utility account holders in seven communities in the New York State. The six towns that […] Read more
Battery Power Sharing, Swap Stations Could Make EVs Affordable Updated On Mon, Feb 3rd, 2020 by Saurenergy Researchers are working on a technology for sharing of battery power with other EVs and selling excess energy to the grid to make EVs more economical Researchers are working on two solutions for electric vehicles (EVs), including a technology that would allow sharing of stored battery power with another EV and even sell excess energy to make a fast […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more