Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more
ReNew Power Inks Pact to Buy AI & ML Startup Climate Connect Updated On Thu, Jun 4th, 2020 by Saurenergy With an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni […] Read more
WB Industrial Consumers Took Legal Action against Power Utilities on Fixed Charges Updated On Mon, Jun 1st, 2020 by Saurenergy Industrial consumers in West Bengal (WB) has dragged power utilities in the state to court after their plea for relief on fixed charges among other demands in the lockdown was rejected. Moreover, nodal agency West Bengal Electricity Regulatory Commission (WBERC) had also paid no heed to their demands, when they approached the regulator, the high-tension […] Read more
ChargePoint Named Leading EV Charging Hardware Supplier Updated On Wed, May 27th, 2020 by Saurenergy A new report examines the strategy and execution of 15 companies offering solutions to the global EV charging market, with ChargePoint ranked number one. A new Leaderboard Report from Guidehouse Insights examines the strategy and execution of 15 companies offering solutions to the global electric vehicle (EV) charging market, with ChargePoint ranked as the top market player. Climate […] Read more
Top 10 Solar Inverter Companies in India Updated On Fri, May 22nd, 2020 by Saurenergy With growing economic activity and growth, India’s power consumption too reached to 1,164 TWh till November 2019. That makes India the third ranked country among the top ten electricity consuming countries globally, as per IEA data. This speed of economic development was aligned with clean energy and climate goals after India signed the Paris agreement […] Read more
Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
MERC Approves Tariffs For a Combined 633 MW of Solar Power in Maharashtra Updated On Wed, May 20th, 2020 by Saurenergy Last Week for a busy week for Maharashtra, with approvals for close to 633 MW of solar power procurement to meet Maharashtra State Electricity Distribution Company Limited (MSEDCL’s) Renewable Purchase Obligations (RPO) for the state. MSEDCL, which has been procuring just about 3.5 percent of its power requirements from Solar, needs to ramp it up […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
Scatec Solar Passes 1.5 GW Mark for Operational PV Projects Updated On Fri, May 8th, 2020 by Saurenergy Scatec Solar has passed the milestone of 1.5 GW solar capacity in operation globally with the commissioning of its latest 54 MW project in Ukraine Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operations of the 54 MW Boguslav solar project in the Kyiv region of Ukraine. And […] Read more
