IntelliSmart Ropes in Anil Rawal as CEO to Ramp up Smart Metering Program Updated On Tue, Apr 7th, 2020 by Saurenergy With an aim to further ramp up government’s smart metering program in next few years, IntelliSmart Infrastructure Pvt Ltd, a joint venture of Energy Efficiency Services Ltd (EESL) and National Investment and Infrastructure Fund (NIIF), has roped in Anil Rawal as its Chief Executive Officer (CEO). Rawal will be responsible for the company’s operations on […] Read more
Tata Power’s Renewable Arm Wins 300 MW Solar Project from NTPC Updated On Tue, Apr 7th, 2020 by Saurenergy Tata Power Solar, the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from NTPC to develop 300 MW grid-connected solar project under CPSU Scheme Phase-II. Bangalore-headquartered Tata Power Solar has won this solar photovoltaic (PV) project under the reverse bidding auction held in February at an all-inclusive price of Rs 1,730.16 […] Read more
Engie Bags 235 MW of Wind and Solar Tenders in France Updated On Tue, Apr 7th, 2020 by Saurenergy Engie has been awarded a total of 235 MW capacity in the latest tender results announced by the Minister for Ecological and Inclusive Transition in France Last week, the French Minister for Ecological and Inclusive Transition Elisabeth Borne had announced the results of the latest solar and wind tenders in France, contributing to the goals […] Read more
Stolen by Covid. Woodmac Projects 3 GW Hit on Solar, Wind Due to Lockdown Updated On Mon, Apr 6th, 2020 by Saurenergy Wood Mackenzie, the global industry tracker, in its latest report today has projected that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations delays as a result of the country’s lockdown. Wood Mackenzie principal analyst Robert Liew said: “The timing of the lockdown is unfortunate as Q1 is […] Read more
Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
IHS Markit Predicts a 16% YOY Drop in Solar Capacity Additions in 2020 Updated On Wed, Apr 1st, 2020 by Saurenergy Even as estimates and predictions on the impact of the Coronavirus pandemic on the renewable energy, and solar sector in particular are announced and updated with each passing week, comes a specific prediction from IHS Markit. The global research and analytics firm has predicted a degrowth of as much as 16 percent in global solar […] Read more
Renesola, Zhongnan Group in $100 Million Investment Agreement Updated On Wed, Apr 1st, 2020 by Saurenergy Shanghai Headquartered ReneSola, which recebtly crossed the 20 GW milestone in cumulative module sales, has announced a USD 100 million strategic investment agreement with Zhongnan Industry (a subsidiary of Zhongnan Holding Group). The announcement was made on March 31st at the official signing ceremony of the Supply Chain Cooperation Agreement between ReneSola Yixing Co., Ltd. […] Read more
Storage Stays In Focus With New 1200 MW tender Plan from SECI Updated On Wed, Apr 1st, 2020 by Saurenergy After the success of its previous 1200 MW tender for renewable generation plus guaranteed peak supply, the Solar Energy Corporation of India (SECI) has issued a notice inviting tender (NIT) for a repeat of its previous tender. That was oversubscribed by 420 MW. SECI informs us that details will be uploaded soon on the website […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
