Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra Updated On Thu, Dec 31st, 2020 by Saurenergy India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […] Read more
Okinawa Shifts To ‘Lithium Only’ For Its Two Wheelers Updated On Fri, Dec 11th, 2020 by Saurenergy NCR based electric two-wheeler maker Okinawa Autotech private Limited (Okinawa) announced today (Thursday) that it is stopping the sale of lead-acid battery-based scooters. The company will focus only on lithium-ion battery-based variants from now on, said the firm in a statement. Incidentally, under the FAME2 guidelines for two-wheeler subsidies, electric vehicles based on lead-acid batteries […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
The Risk In Renewables, And How To Reduce It Updated On Fri, Dec 4th, 2020 by Saurenergy The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives Updated On Fri, Oct 30th, 2020 by Saurenergy The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […] Read more
Bifacial PV’s Getting Indian Developers Interested In Trackers Again: Dan Shugar Updated On Wed, Oct 7th, 2020 by Saurenergy Since co-founding Nextracker in 2013, CEO Dan Shugar has made it one of the manufacturing success stories of the sector. The firm has delivered trackers for over 35 GW of solar plants till now. The firm has now expanded its portfolio to include yield and performance software and global services. SaurEnergy Group Editor Prasanna Singh […] Read more
Average Spot Power Price Drops 3% in September to Rs 2.69/Unit Updated On Tue, Oct 6th, 2020 by Saurenergy The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the IEX, mainly due to ample supply. The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply. The electricity […] Read more
EDF Renewables Signs Contract for Storage Expansion at Maverick 6 Updated On Tue, Sep 29th, 2020 by Saurenergy EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […] Read more
