Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive Updated On Mon, Aug 31st, 2020 by Saurenergy Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […] Read more
Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation? Updated On Sat, Aug 29th, 2020 by Saurenergy The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […] Read more
RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh Updated On Sat, Aug 29th, 2020 by Saurenergy Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the […] Read more
Unlikely That India Will Match Record-Low Gulf Solar Tariffs: Report Updated On Sat, Aug 29th, 2020 by Saurenergy A new report finds it is unlikely that India will be able to overtake the Gulf region to provide the world’s cheapest solar power in the near term. A number of countries in the Gulf region have set record-low prices for solar in recent years, leading to hopes that India and other countries may soon be able […] Read more
The Triple Challenge Dragging Down Solar In India Updated On Fri, Aug 28th, 2020 by Saurenergy On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on India’s solar and wind sector. Titled simply as “ Report of Under Construction Renewable Energy Projects”, the bland title laid bare […] Read more
SECI Releases ₹520 Crores To developers in July Updated On Fri, Aug 28th, 2020 by Saurenergy At a time when the stress due to overdues from discoms, besides multiple other factors has got the industry on edge, SECI (Solar Energy Corporation Of India) has released a statement that claims ₹520 crores have been released to developers for payments against wind and solar energy generation. This represents about 75 percent of the […] Read more
The Green Hydrogen Wave, And Its Implications for Renewable Energy Updated On Thu, Aug 27th, 2020 by Saurenergy A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […] Read more
Gadkari Promotes Pilot Electric Buses Projects With Private Investments Updated On Thu, Aug 27th, 2020 by Saurenergy Nitin Gadkari recently promoted a pilot project to run electric buses with private investment, stating that if anyone is ready to invest in India, we can give him a pilot project for a city, where they can run their buses on electricity. Union Road Transport and Highways Minister Nitin Gadkari recently promoted a pilot project to run electric buses with private investment. […] Read more
TERI Makes the Case for Rs 40 Lakh Crore Green Stimulus Updated On Wed, Aug 26th, 2020 by Saurenergy TERI has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in green energy projects over the next 10 years The Energy and Resources Institute (TERI) has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in clean energy projects over […] Read more