Magenta Strengthens Executive Team With Scott Pharr As Advisor Updated On Tue, Oct 13th, 2020 by Saurenergy The Magenta Group of companies, the Mumbai based group with a strong presence in affordable renewable energy solutions, has been making big moves to grab opportunities in the changes the energy transition is driving. The firm has announced that Mr. Scott Pharr, Global Managing Director at Accenture, has joined the Magenta Board of Advisors, to […] Read more
IEA Predicts Global Energy Demand Recovery Only In 2025, Key Solar Role Updated On Tue, Oct 13th, 2020 by Saurenergy The International Energy Agency (IEA), in its annual World Energy Outlook 2020, (WEO-2020) has predicted a return to normalcy for world energy demand only by 2025. This is mainly due to the sluggish recover being experienced from the Covid pandemic worldwide, including fears of a second wave of infections in key markets like Europe and […] Read more
Huawei Smart PV Solution Highlights Role In World’s Largest PV Plant Updated On Mon, Oct 12th, 2020 by Saurenergy On September 26, Chinese state-owned utility Huanghe Hydropower Development (“Huanghe Hydropower”) successfully connected its 2.2 GW PV plant to the power grid in Hainan Prefecture, northwestern China’s Qinghai Province. With this, the 2.2 GW project became the world’s first ultra-high voltage power line that delivers 100% renewable energy over long distances and also the world’s […] Read more
“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
Rooftop Solar Dodged Covid Impact In US, Record Year Ahead Updated On Mon, Oct 12th, 2020 by Saurenergy A report from Bloomberg New Energy Finance (BNEF) posits that the US rooftop solar market is set to grow by a record level as the residential sector in the country has managed to avoid any Covid linked slowdown. Follow us on Twitter This resiliency in the sector could mean an addition of 3GW of residential solar […] Read more
SECI to Empanel Agencies for Development of Electric Mobility Space Updated On Fri, Oct 9th, 2020 by Saurenergy SECI to empanel eligible agencies for the identification and implementation of business opportunities in the electric mobility space The Solar Energy Corporation of India (SECI) has issued an Expression of Interest (EoI), inviting proposals from eligible firms for the identification and implementation of business opportunities in the electric/ transformative mobility space in line with the […] Read more
NTPC Incorporates a Subsidiary for its Renewable Energy Business Updated On Fri, Oct 9th, 2020 by Saurenergy NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […] 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
Nextracker’s Bifacial Solution Selected for Largest Solar Plant in Australia Updated On Wed, Oct 7th, 2020 by Saurenergy Nextracker has announced that its solar tracker technology has been chosen for the largest solar plant in Australia, a 460 MWp project in Queensland Nextracker, a flex company, has announced that its solar tracker technology, NX Horizon has been chosen for the largest solar plant in Australia, a 460 megawatt-peak (MWp) installation in Queensland’s Western […] Read more
