Fortum’s Q1 Profits Hurt by Lower Hydro Volumes Updated On Sat, Apr 27th, 2019 by Saurenergy Finland’s utility Fortum reported its operating profit grew merely by 1 percent to EUR 408 million during the January-March quarter of 2019, on the back of positive effect of improved prices offset by lower hydro volumes. The company has reported an operating profit of EUR 405 million during the same quarter last year. Commenting on […] Read more
US Wind Pipeline Grew by 6.14 GW in the Q1 2019: Report Updated On Sat, Apr 27th, 2019 by Saurenergy A burst of new wind farm announcements in the first quarter of 2019 propelled the total volume of U.S. wind power construction and development activity to a record level according to the newly released U.S. Wind Industry First Quarter 2019 Market Report. The American Wind Energy Association’s (AWEA) report reveals that U.S. project developers announced new wind […] Read more
Interview with Sanjeev Dakshini, Chairman, Raydean Industries Updated On Fri, Apr 26th, 2019 by Saurenergy Albeit India has seen significant growth in solar industry but as a contributor we feel that lack of application oriented approach and low government support to indigenous technological advancements are major hindrances in matching the potential today, believes Sanjeev Dakshini, Chairman, Raydean Industries, the Jaipur-headquartered solar module mounting structures (MMS) manufacturer. In conversation with Manu […] Read more
Interview with Eric Zhang, Sales Director Asia, Ginlong (Solis) Technologies Co. Ltd Updated On Fri, Apr 26th, 2019 by Saurenergy We see EV segment linked with the solar co-generation as better project realization factor. Our grid tied and hybrid storage inverters has potential to make the EV charging stations financially and operationally more viable. Solar can bridge the gap of 7% extra requirement of electricity with induction of EV ecosystem, believes Eric Zhang, Sales Director […] Read more
European Commission Approves EUR 385 Mn Support For RE Transition in Lithuania Updated On Fri, Apr 26th, 2019 by Saurenergy The scheme will contribute to Lithuania’s transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules. The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types […] Read more
India’s Renewable Push On Track Despite 2018/19 Blip Updated On Fri, Apr 26th, 2019 by Saurenergy IEEFA’s briefing note, India’s electricity sector transition still on track despite a weak FY2018/19, projects renewable additions through 2021/22 based on the auction and tender activities during the past 18 months. The 2018-19 financial year turned out to be a sluggish year for both the renewable as well as thermal sectors in India in terms of increased […] Read more
Tangedco Using GPS To Get Real Time Wind Energy Data Updated On Thu, Apr 25th, 2019 by Saurenergy Tangedco has started measuring wind power generation real time with the help of GPS over the last few months. GPS system has been installed in all windmills across the state and discom has been able to measure the power generation from a windmill without going to the spot. Earlier, the discom was using an assessor […] Read more
ASSOCHAM, REPA to Jointly Promote Renewable Energy Updated On Thu, Apr 25th, 2019 by Saurenergy The leading apex industry body said that, “These are some of the win wins, the newly signed MoU would seek to achieve for both the organisations.” Industry body, the Associated Chambers of Commerce & Industry of India (ASSOCHAM) and the Renewable Energy Promotion Association (REPA), a professional (public-private) not-for-profit body, has entered into an agreement […] Read more
India’s Road Towards EV Adoption… Updated On Wed, Apr 24th, 2019 by Saurenergy When it comes to Electric Vehicles (EVs), India would certainly seem to be playing catch up with the rest of the world. Consider the fact that in China, they have already started worrying about a mini-bust in the sector, thanks to the huge number of startups and major players who have jumped in. Thus, even […] Read more
