Ideanomics’ MEG Finalises EV and Energy Business Units Updated On Thu, May 7th, 2020 by Saurenergy Ideanomics, Mobile Energy Global (MEG) division has announced that it has finalised its EV and Energy business units under the S2F2C model. Ideanomics, Mobile Energy Global (MEG) division has announced that it has finalised its EV and Energy business units under the S2F2C (Sales-to-Financing-to-Charging) model. Each business unit has been developed to focus on a […] Read more
Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales Updated On Wed, May 6th, 2020 by Saurenergy Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […] Read more
ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
Government First. Record Drop in Global Fuel Prices leads to Record Tax Hikes in India Updated On Wed, May 6th, 2020 by Saurenergy Sticking to a well worn script by now, of not allowing retail fuel prices to go below a loosely defined floor, the government of India yesterday hiked excise duty on the motor fuels by a record Rs 10 per litre on petrol and Rs 13 per litre on diesel. This is expected to help mop […] Read more
Peak Power Demand Still Down in May, Struggling at 134.7 GW Updated On Mon, May 4th, 2020 by Saurenergy The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May despite the easing of the nationwide lockdown The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May. The low has been […] Read more
EDF, Alliant Energy Commissions 200 MW Wind Project in Iowa Updated On Sat, May 2nd, 2020 by Saurenergy Independent Power Producer (IPP) EDF Renewables and public utility company Alliant Energy’s Iowa energy company has successfully commissioned 200 MW Golden Plains wind power plant in Iowa. This project is now delivering clean electricity to Iowa customers and is located in Winnebago and Kossuth counties in the north-central region of Iowa. Also, this wind project has invested […] Read more
Solis 110kw String Inverter for Commercial Rooftop Applications Updated On Sat, May 2nd, 2020 by Saurenergy 1. PRODUCT PROFILE Solis 110kW is designed to achieve low LCOE in commercial installations, increasing system returns through a more intelligent, reliable, efficient and secure string inverter technology solution. Solis is making full use of its fifth-generation technology platform in its new 110kW string inverter designed for commercial rooftop applications. The fifth-generation platform incorporates industry […] Read more
ST’s iNEMO Sensors Offer Machine-Learning Technology for Industrial and Consumer Applications Updated On Fri, May 1st, 2020 by Saurenergy French-Italian semiconductor giant STMicroelectronics (ST) has now extended the benefits of its motion-detection machine-learning core (MLC) technologies for industrial and high-end consumer applications with its latest ISM330DHCX and LSM6DSRX 6-axis iNEMO™ inertial measurement units (IMU). The company claims that this MLC can perform basic AI pre-processing of motion data using about 0.001 times the power a typical microcontroller (MCU) would consume […] Read more
Grid Imbalance Becoming An Issue For RE in Australia-Woodmac Updated On Thu, Apr 30th, 2020 by Saurenergy Wood Mackenzie (Woodmac), the global research firm has highlighted the hurdles renewables energy growth is facing in Australia. The firm says that while the renewable energy project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), the current conversion rate to firm […] Read more