Fitch Ratings Assigns BB(EXP) Rating to ReNew’s USD Notes Updated On Sat, Feb 23rd, 2019 by Saurenergy Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II. Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II, which is a restricted group of subsidiaries owned by ReNew Power Ltd. “The rating of the proposed notes reflects […] Read more
EESL & BRPL to Launch Super-Efficient Air Conditioning Programme Updated On Sat, Feb 23rd, 2019 by Saurenergy EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy Updated On Thu, Feb 21st, 2019 by Saurenergy Sustainability of the Industry is in Question I feel its unhealthy competition, which is driving the entire industry into a black hole. It starts right from the developers, to goes down till the manufacturer of small components. Sustainability of the industry is in question, because if people start using sub-standard products to match the cost, […] Read more
New Solar Power Program to Help Electrify Rural Communities in Afghanistan Updated On Thu, Feb 21st, 2019 by Saurenergy The initiative is designed to provide electricity to some of the nearly 20 million Afghans who are not connected to the national power grid. IFC, a member of the World Bank Group, has launched a pioneering program to supply small-scale solar power systems to homeowners across Afghanistan. The pilot program will see the introduction of […] Read more
SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn Updated On Thu, Feb 21st, 2019 by Saurenergy However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […] Read more
The URGE for “Li” Vault Updated On Wed, Feb 20th, 2019 by Saurenergy Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […] Read more
We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha Updated On Wed, Feb 20th, 2019 by Saurenergy Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […] Read more
EcoMen Solar Commission 76 kW Rooftop Solar Project in New Jersey Updated On Wed, Feb 20th, 2019 by Saurenergy The 75.6 kW solar system was developed using 256 Silfab Solar Panels and SolarEdge inverters. New Jersey-based solar solutions provider, EcoMen Solar has successfully commissioned a 75.6 kW rooftop solar PV power project at the Poet’s Square Shopping Plaza in Freehold, New Jersey. Poet’s Square Plaza hosts retail storefronts and professional businesses. The installed solar systems […] Read more
