IEX Reports 6.6 Percent Decline in Power Trade in April 2020 Updated On Wed, May 6th, 2020 by Saurenergy IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […] Read more
Renewables Unaffected as Thermal Generation Suffered Amid Lockdown: India Ratings Updated On Wed, May 6th, 2020 by Saurenergy The decrease in demand has seen electricity generation from all sources (excluding renewables) take a hit in March 2020 with thermal generation at the front. According to a new analysis, the power demand in India declined for March and April amid the COVID-19 led lockdown, however, with the decrease in demand, electricity generation from all […] Read more
Will India have greater success with manufacturing when it comes to energy storage? Updated On Tue, May 5th, 2020 by Saurenergy The ongoing global economic crisis due to the coronavirus pandemic has raised concerns about India’s dependence on imports and strongly put the case for encouraging domestic manufacturing in the country. Though, the government also aimed to support the industry but the road towards this is filled with lot of challenges, which needs to be sorted […] Read more
MicroSun Solar Resumes Manufacturing amidst Strict Safety Measures Updated On Mon, May 4th, 2020 by Saurenergy Amidst strict measures followed as per the government directives, MicroSun Solar, a solar photovoltaic (PV) module manufacturing company, has resumed operations at its Bangalore factories and opened all warehouses across the country. While talking to Saur Energy, the company informed that “it has resumed operations from May 04, 2020, onwards, in compliance with all the […] Read more
Solar91 Commissions 3MW PV Plant at Modern Insulators Premises in Rajasthan Updated On Fri, May 1st, 2020 by Saurenergy Rajasthan-based EPC services provider Solar91 Cleantech Pvt Ltd has successfully commissioned solar photovoltaic (PV) power project having 3 MW of capacity at the premises of Modern Insulators Ltd, a leading porcelain insulator manufacturer. Modern Insulators is an arm of the Modern group of Industries and was set up in 1985 in collaboration with Siemens, Germany. […] Read more
Govt Needs to Extend Incentives for Domestic Manufacturing, Exploit Skilled Manpower: Jaideep N. Malaviya Updated On Thu, Apr 30th, 2020 by Saurenergy The glass components like vacuum tubes or curved mirrors are largely imported being specialised. India’s solar thermal market is steady hence gives confidence for “Make in India”. However, government needs to extend incentives for manufacturing and exploit the domestic skilled human resources. In short “Opportunities Infinite but Challenges Many Ahead”, believes Jaideep N. Malaviya, Secretary […] Read more
Average Spot Price Remains at Rs 2.36 Low During Lockdown Updated On Wed, Apr 29th, 2020 by Saurenergy The average spot power price has remained as low as Rs 2.36 per unit on the IEX during the lockdown period so far, which began last month The average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy Exchange (IEX) during the lockdown period so far, which began […] Read more
China’s Solar Additions for 2020 Likely to Decline by 6.6 GW: Report Updated On Tue, Apr 28th, 2020 by Saurenergy On the back of widespread coronavirus outbreak and its impact, China’s solar photovoltaic (PV) capacity additions for 2020 is expected to fall short by 6.6 GW against the earlier projections, said the data and analytics company. Earlier, Chinese solar PV capacity additions were projected at 40 GW for the current year, which is higher than […] Read more
‘Policy Framework Needed to Ensure Longevity of Domestic Products Offtake, Profitability’ Updated On Fri, Apr 24th, 2020 by Saurenergy The government has taken steps by coming up with few manufacturing-linked tenders for setting up solar capacities and has also introduced a basic customs duty on imports, but we need a policy framework that will ensure the longevity of offtake of the products manufactured as well as profitability, says a senior official of Tata Power […] Read more