Covid, Consumer Focus Lead to ‘Regressive’ HERC Tariff Order for 2020-21 Updated On Thu, Jun 11th, 2020 by Saurenergy In its tariff order for the year 2020-21, the order of the Haryana Electricity Regulatory Comission throws up some issues which will be watched very carefully from here on. For the solar and broader renewable energy sector of course, the most serious hit is the waiver of the state’s RPO (Renewable Purchase Obligation) backlog till […] Read more
Not Lockdown, Cooler Weather Behind Delhi’s Power Demand Gap: Credit Suisse Updated On Wed, Jun 10th, 2020 by Saurenergy The fall in power demand in Delhi has more to do with the weather than the lockdown itself, according to research by foreign brokerage, Credit Suisse The fall in power demand in Delhi has more to do with the weather than the lockdown itself. According to research by foreign brokerage, Credit Suisse, the gap in power demand versus last year levels has again expanded to […] Read more
1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC Updated On Tue, Jun 9th, 2020 by Saurenergy OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […] Read more
Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac Updated On Fri, Jun 5th, 2020 by Saurenergy A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […] Read more
Ravinder Singh Dhillon Assumes Charge as Chairman & MD, PFC Updated On Mon, Jun 1st, 2020 by Saurenergy State-run Power Finance Corporation (PFC) on Monday announced the appointment of Ravinder Singh Dhillon as Chairman and Managing Director (CMD) on the board of PFC effective from June 1, 2020. R.S. Dhillon has been appointed following the superannuation of Rajiv Sharma as Chairman and Managing Director on the PFC’s Board with effect from May 31, […] Read more
Ajoy Choudhury Appointed as REC’s New Director Finance Updated On Mon, Jun 1st, 2020 by Saurenergy State-owned power sector lender REC Ltd said that Ajoy Choudhury has been appointed as Director (Finance) on the company’s Board effective from today i.e. June 1, 2020. Prior to this, Choudhury was handling the post of Executive Director (Finance) REC Ltd. The state-owned lender notified through a regulatory filing that “Ajoy Choudhury… has been appointed as Director […] Read more
PPA for Thermal Plant with Adani Power in MP Raises Important Questions Updated On Mon, Jun 1st, 2020 by Saurenergy The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […] Read more
Indian Navy’s ENC Commissions 2 MW Solar Plant at INS Kalinga Updated On Sat, May 30th, 2020 by Saurenergy With an aim to support the Government of India’s (GoI) initiative to promote solar energy, Indian Navy’s Eastern Naval Command (ENC) has commissioned a 2 MW solar photovoltaic (PV) power plant at INS Kalinga in Visakhapatnam. This solar project was commissioned by Vice Admiral Atul Kumar Jain, PVSM, AVSM, VSM, Flag Officer Commanding-in-Chief, ENC on […] Read more
Interview with Krishan Sharma, Vice President – Asia, ReneSola Updated On Sat, May 30th, 2020 by Saurenergy For Krishan Kumar Sharma, a 12 year journey in the solar sector has taken him to Renesola, a leading module manufacturer, where he is the Vice President, South Asia. With his wide exposure to the solar markets in Asia, and through Renesola, the world, we caught up with him to get a view on the […] Read more
