EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF Updated On Wed, May 20th, 2020 by Saurenergy Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […] Read more
Power Sales Volume up 40%, 20% Rise in Profit in Q4 for IEX Updated On Sat, May 16th, 2020 by Saurenergy Power sales volume jumped nearly 40% at IEX to 13,835 MU in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. Power sales volume jumped nearly 40 percent at Indian Energy Exchange (IEX) to 13,835 million units (MU) in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. […] Read more
2020-When Energy Storage Got Serious in India Updated On Fri, May 15th, 2020 by Saurenergy The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale, is no longer a possibility that […] Read more
IEX Reports 6.6 Percent Decline in Power Trade in April 2020 Updated On Wed, May 6th, 2020 by Saurenergy IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […] Read more
Time for India to Set up Manufacturing Facilities including EVs: Maxson Lewis Updated On Mon, May 4th, 2020 by Saurenergy These days, the entire world is looking for an option to China. Today, there is a mindset that if someone were to say I am getting the same product from China against from somewhere else, I will go for somewhere else. It is the most fantastic time for India to set up manufacturing facilities in […] Read more
Average Spot Price Remains at Rs 2.36 Low During Lockdown Updated On Wed, Apr 29th, 2020 by Saurenergy The average spot power price has remained as low as Rs 2.36 per unit on the IEX during the lockdown period so far, which began last month The average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy Exchange (IEX) during the lockdown period so far, which began […] Read more
DSM Signs Largest Renewable Energy PPAs with EDPR, Origis Energy Updated On Thu, Apr 23rd, 2020 by Saurenergy Dutch multinational active in nutrition, health and sustainable living, Royal DSM has inked its largest renewable energy (RE) Power Purchase Agreements (PPAs) to date with EDPR and Origis Energy in Europe and USA respectively. With the signing of the PPA with EDPR, the company will source renewable power from 1 wind energy and 2 solar […] Read more
In China, a Mixed Bag of Results And News from Solar Majors in Q1 Updated On Wed, Apr 22nd, 2020 by Saurenergy Close on the heels of a strong recovery in March this year, right after the worst of the Covid-19 imposed lockdowns in the country, major China-based firms have declared a mixed set of news, guidance, and results. Bringing up the tough news was Sunpower, a manufacturer of cells and modules, which has idled its plants […] Read more
Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
