“We need to increase our per capita energy consumption three-fold” Updated On Mon, Oct 12th, 2020 by Saurenergy Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […] Read more
Wind-Solar Hybrid Projects Estimated to Reach 11.7 GW by 2023: Report Updated On Fri, Oct 9th, 2020 by Saurenergy India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 GW by 2023, according to a new report by IEEFA and JMK Research. India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 gigawatts (GW) by 2023, according to a new report by the Institute for Energy Economics and […] Read more
Sunrun Completes Acquisition of Vivint Solar Creating 3 GW Conglomerate Updated On Fri, Oct 9th, 2020 by Saurenergy Sunrun has announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020. Sunrun, a leading provider of residential solar, battery storage and energy services, has announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020. This follows approval by […] Read more
Power Consumption Grew by Over 13% in First Week of October Updated On Fri, Oct 9th, 2020 by Saurenergy Power consumption in the country recorded double-digit growth in the first week of October at 25.95 BU amid buoyancy in C&I activities. Power consumption in the country recorded double-digit growth in the first week of October at 25.95 billion units (BU) amid buoyancy in industrial and commercial activities. According to the power ministry data, power consumption grew by 13.65 percent from October […] Read more
Renewables get an Early Start on Beating Coal Generation: IEEFA US Updated On Fri, Oct 9th, 2020 by Saurenergy The market window for coal-fired electricity in the US is closing faster than ever in a shift that is especially clear as autumn sets in. From July through October 5, renewables (utility-scale solar, wind and hydropower) generated more electricity than coal in the US on nine days—easily topping the total of five days recorded over […] Read more
Total Enters Floating Offshore Wind Sector in France With Latest Acquisition Updated On Fri, Oct 9th, 2020 by Saurenergy Total has become a 20% shareholder in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the coast of Gruissan in France. French multinational integrated oil and gas company Total has announced that it has become a 20 percent shareholder in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the […] Read more
Solis Conferred With Best Power Conversion System Supplier Award Updated On Thu, Oct 8th, 2020 by Saurenergy Ginlong Technologies (Solis), a global leader in solar photovoltaic string inverter manufacturing, has won the ‘Best PCS Supplier Award’ in China’s energy storage industry 2020 at the 10th China International Energy Storage Conference in Shenzhen. “We are honoured to have won this award, which is the market’s recognition of Solis’ products,” said Sandy Woodward, Sales […] Read more
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations Updated On Thu, Oct 8th, 2020 by Saurenergy In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […] Read more
