Petronas Expands India Bet With 100 MW ACME Buy Through Amplus Updated On Fri, Sep 11th, 2020 by Saurenergy Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […] Read more
Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms Updated On Fri, Sep 11th, 2020 by Saurenergy This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it. “The IPO marks the beginning of a new chapter,” said Daniel Huang, […] Read more
First Real Sign of Recovery; Peak Power Demand Returns to Normal Updated On Fri, Sep 11th, 2020 by Saurenergy The Peak Power Demand has finally found its way back to normal as India touched 174.33 GW demand on September 9, 2020, showing the first real sign of recovery. The Peak Power Demand in India, which has perhaps taken one of the biggest hits that lasted nearly 4-6 months due to the lockdown imposed for […] Read more
BayWa Expands its Solar & Storage Portfolio With Enable Energy Acquisition Updated On Fri, Sep 11th, 2020 by Saurenergy BayWa r.e. has acquired Enable Energy, a U.S.-based C&I solar and energy storage solutions provider with extensive skills in EPC and O&M support. Global renewable energy developer, service provider and distributor BayWa r.e. has announced that it has acquired Enable Energy Inc. (EEI), a U.S.-based commercial and industrial (C&I) solar and energy storage solutions provider […] Read more
Titagarh Wagons Ties up With Fourth Partner Energy for 4.8 MW Solar Power Updated On Thu, Sep 10th, 2020 by Saurenergy Titagarh Wagons has signed a PPA with Fourth Partner Energy to procure 4.8 MW of solar power to meet ~25% of its annual electricity demand with clean energy India’s largest private-sector manufacturer of passenger and freight trains Titagarh Wagons Limited, has announced the signing of a Power Purchase Agreement (PPA) with Fourth Partner Energy to […] Read more
Solar Tech On Horizon For Self-Charging Cars To Energy-Sufficient Buildings Updated On Thu, Sep 10th, 2020 by Saurenergy From self-charging cars to buildings that are self-sufficient in energy, solar power is set to transform the traditional use of energy in the not too distant future. In a session titled “Solar Beyond The Power Sector,” participants at the International Solar Alliance’s First World Solar Technology conference brainstormed over the many unconventional uses of the sun’s […] Read more
Cabinet Approves Asset Monetisation of PGCIL Subsidiaries Through InvIT Updated On Thu, Sep 10th, 2020 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a path breaking reform, has approved monetisation of assets of POWERGRID (PGCIL), a Public Sector Undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model. This is the first time any PSU in Power Sector will undertake asset recycling […] Read more
How Northern India’s Energy Systems can be 100% Clean Energy: Report Updated On Wed, Sep 9th, 2020 by Saurenergy A new report has established how northern India’s energy systems, comprising of Delhi-NCR can be switched to 100 percent clean energy by 2050. Finland’s Lappeenranta-Lahti University of Technology (LUT) and Delhi-based ‘Climate Trends‘ in a new report on Tuesday established how northern India’s energy systems, comprising the world’s largest metropolitan area — Delhi-NCR — can be switched […] Read more
COVID-19 Will Permanently Reduce Global Energy Demand: DNV GL Updated On Wed, Sep 9th, 2020 by Saurenergy According to a new report, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. According to the recently published Energy Transition Outlook by DNV GL, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. The report finds that compared to the pre-pandemic forecast, energy demand will be […] Read more
