India Pledges to Tighten up Solar Equipment Imports Soon : RK Singh Updated On Wed, Oct 7th, 2020 by Saurenergy India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing, RK Singh has said. India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing even as power demand post the covid outbreak has rebounded, RK Singh, Minister for New and Renewable […] Read more
Eos Energy Storage Expands Battery Deployments in Nigeria Updated On Tue, Oct 6th, 2020 by Saurenergy Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced an expansion of its partnership with Nayo Tropical Technology Ltd. (“Nayo”), a leading West African mini-grid engineering, procurement, and construction (“EPC”) company. Eos will deploy additional units of its signature Aurora EnergyBlock™ systems, rated at 125kW/500kWh, […] Read more
Average Spot Power Price Drops 3% in September to Rs 2.69/Unit Updated On Tue, Oct 6th, 2020 by Saurenergy The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the IEX, mainly due to ample supply. The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply. The electricity […] Read more
PM-KUSUM – The Solar Saviour? Updated On Tue, Oct 6th, 2020 by Saurenergy The PM-KUSUM scheme seeks to be the ultimate gamechanger for energy security and the rural economy. We examine the early challenges that it is facing and come to a conclusion. It’s a great idea that will need tweaks to increase coverage, and some key policy interventions to get on schedule. By Prasanna Singh You know […] Read more
Need for Decreasing Energy Consumption Driving Demand for Smart Solar Solutions Updated On Mon, Oct 5th, 2020 by Saurenergy The focus on renewable energy resources has risen considerably over the years. With the condition of the environment worsening day by day due to the excessive utilization of fossil fuels for energy generation, governments of different countries are now paying attention to renewable energy resources. Moreover, the population across the globe has been increasing at […] Read more
Tata Power- DDL Launches Messenger App to Enhance Digital Experience of Consumers Updated On Mon, Oct 5th, 2020 by Saurenergy Tata Power-DDL, a power utility supplying electricity to 7 million in North Delhi, has launched its new mobile messenger application – SAMVAAD Tata Power-DDL, a leading power utility supplying electricity to a populace of 7 million in North Delhi, has launched a new and highly useful mobile messenger application – SAMVAAD in order to elevate […] Read more
Mitsubishi Electric Receives S-EIV Order from MTR in Hong Kong Updated On Mon, Oct 5th, 2020 by Saurenergy Mitsubishi Electric has received an order from MTR Corporation in Hong Kong for three Station Energy Saving Inverter (S-EIV) systems Mitsubishi Electric (Hong Kong) Limited has announced that it has received an order from MTR Corporation Ltd (MTR) in Hong Kong for three Station Energy Saving Inverter (S-EIV) systems, which enable surplus regenerative energy that […] Read more
RFP for ‘One Sun, One World, One Grid’ Gets new Deadline Updated On Mon, Oct 5th, 2020 by Saurenergy ISA has issued a corrigendum extending the deadline for its RfP for developing the implementation plan and framework for the ‘One Sun One World One Grid’ initiative The International Solar Alliance (ISA) has issued a corrigendum extending the deadline for its Request for Proposal (RfP) for developing a Long Term Vision, Implementation Plan, Road Map, […] Read more
Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more