Wind and Solar Cheapest Form of New Energy Capacity Addition Globally: Study Updated On Tue, Nov 20th, 2018 by Saurenergy The new best in class solar and wind plants cost half of what coal plants used to cost, including in China and India In all the major economies around the world, wind and solar have become the cheapest source of new energy capacity addition, a study found. The new best in class solar and wind […] Read more
Tata Power Hosts the 2nd Annual Distribution Utility Meet, 2018 Updated On Thu, Nov 1st, 2018 by Saurenergy Tata Power, India’s largest integrated power utility hosted the 2nd Annual Distribution Utility Meet, 2018 today in Mumbai. The event was inaugurated by Mr. Arvind Singh, Principal Secretary – Energy, Government of Maharashtra in the presence of Mr. Praveer Sinha, CEO & MD, Tata Power and Mr. Reji Kumar Pillai, President, India Smart Grid Forum (ISGF). […] Read more
What to Expect from India’s National Energy Storage Mission Updated On Thu, Nov 1st, 2018 by Saurenergy Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […] Read more
Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
Exicom Launches Battery R&D Center, Multi-Standard Chargers for EVs Updated On Thu, Oct 25th, 2018 by Saurenergy The new R&D Centre is equipped with state-of-the-art equipment and infrastructure for comprehensive evaluation of cell quality, battery pack design, rapid prototyping and reliability/ environmental testing, the company said in a statement. Gurgaon-headquartered Exicom has launched the Battery R&D Center and Multi-Standard Chargers for Electric Vehicles (EVs) in Bangalore. The new R&D Centre is equipped […] Read more
Magenta Power, MSEDCL Install India’s 1st EV Billing Meter Updated On Tue, Oct 16th, 2018 by Saurenergy With the support of the Government of Maharashtra and the MAITRI program and installation by MSEDCL, the state of Maharashtra has installed the first EV billing meter in the country. Adding another feather in its cap, Magenta Power has installed India’s first EV billing meter in association with MSEDCL (Maharashtra State Electricity Distribution Company Ltd). […] Read more
SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
Punjab Solar Energy Policy Updated On Mon, Oct 8th, 2018 by Saurenergy 1. OBJECTIVES Objective of the state solar policy include:- 1.1 Punjab has considerable potential in NRSE sector which is being harnessed. With a view to maximize the utilization of these resources; this policy aims to achieve the following objectives: To maximise and improve the share of new and renewable sources of energy to 10% of […] Read more