Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
RenewSys Elevates Nandkumar Pai as CEO of PV Modules & Cells Biz Updated On Mon, Mar 16th, 2020 by Saurenergy RenewSys, which is country’s first integrated manufacturer of solar photovoltaic (PV) modules and its key components, encapsulants, backsheets and solar PV cells, on Monday said that it has appointed Nandkumar Pai as Chief Executive Officer (CEO) of its PV modules & cells division. As a company with a swiftly expanding global footprint, it will continue […] Read more
MNRE to set up Renewable Energy Standardisation Cell Updated On Mon, Mar 16th, 2020 by Saurenergy MNRE will set up “Renewable Energy Standardisation Cell (RESC)” to coordinate the development and adoption of standards for quality assurance in the renewables sector The Ministry of New and Renewable Energy (MNRE) on February 18, 2020, notified setting up of “Renewable Energy Standardisation Cell (RESC)” to coordinate the development, updation, and adoption of standards for […] Read more
Bullfrog Power Funds Rooftop Solar Installation for Prospect Human Services Updated On Fri, Mar 13th, 2020 by Saurenergy Bullfrog Power, Canadian renewable energy solutions provider, has just completed the rooftop solar installation on the office building of Prospect Human Services, an organization helping people in finding jobs. The company said that it helped fund this innovative sustainability project by partnering with Prospect Human Services and Virtuoso Energy. Further, this solar installation will supply […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
Renew Financial has Invested USD 421 Mn in California Residential Solar Updated On Wed, Mar 11th, 2020 by Saurenergy Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar PV systems to their properties. Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar photovoltaic systems to their properties. Through the Property Assessed Clean […] Read more
US Energy Storage Market Sets Power Capacity Record in Q4 2019 Updated On Wed, Mar 11th, 2020 by Saurenergy The US energy storage sector set a power capacity record in Q4 2019, deploying 186.4 MW and 364.2 MWh of storage. The United States (US) energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage. According to Wood Mackenzie and the US Energy Storage […] Read more
ITI Limited Tenders for Procurement of Solar Power Under Open Access Model Updated On Wed, Mar 11th, 2020 by Saurenergy ITI Limited has issued a tender to procure solar power for one of its premises in Bengaluru through a long term PPA under the 3rd party Open Access model. ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” […] Read more
Renewables Generated More Electricity Than Coal in the US Last Month Updated On Mon, Mar 9th, 2020 by Saurenergy Renewable energy (utility-scale solar, wind and hydropower) sources generated more electricity than coal plants in the US in February In the dead of winter, renewable energy (utility-scale solar, wind and hydropower) sources generated more electricity than coal plants in the US in February. Specifically, according to data from the US Energy Information Administration’s (EIA’s) new […] Read more