IRENA, ESCAP Ramp Up Efforts to Improve Clean Energy Accessibility in APAC Region amid Covid-19 Updated On Wed, May 6th, 2020 by Saurenergy This is significant as the Asia-Pacific region is home to almost half of the world’s population, and is largely dependent on fossil fuels. With an aim to jointly work towards improving access to sustainable energy across the Asia-Pacific region, Abu Dhabi-headquartered International Renewable Energy Agency (IRENA) and the United Nations Economic and Social Commission for […] Read more
Energy Efficiency Measures Help India Save Extra Rs 35,495 Cr in a Year Updated On Wed, May 6th, 2020 by Saurenergy By adopting various energy efficiency measures, India witnessed approx. 66 percent higher savings to Rs 35,495 crore during 2018-19. It was revealed by an expert agency PricewaterhouseCoopers (PwC Ltd) via its report – Impact of energy efficiency measures for the year 2018-19. The report was released by the Power Minister R.K. Singh through Video conference. […] Read more
PV Is Entering The AI Era- Huawei Leaders Updated On Wed, May 6th, 2020 by Saurenergy A special contribution from Tony Xu, President of Huawei Ascend Computing Business and Chen Guoguang, President of Huawei Smart PV Business, on the next big thing for PV’s. Artificial Intelligence, (AI) 1 AI Enables All Industries We are entering a fully connected, intelligent world. Over the last few years, AI has become a high-frequency word, […] Read more
Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] 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
Renewables Unaffected as Thermal Generation Suffered Amid Lockdown: India Ratings Updated On Wed, May 6th, 2020 by Saurenergy The decrease in demand has seen electricity generation from all sources (excluding renewables) take a hit in March 2020 with thermal generation at the front. According to a new analysis, the power demand in India declined for March and April amid the COVID-19 led lockdown, however, with the decrease in demand, electricity generation from all […] Read more
In Renewables Shadow, who Will Still Fund Coal in India? : Report Updated On Wed, May 6th, 2020 by Saurenergy Why would any debt/ equity capital providers fund a high emission & polluting new coal power plant at double the cost of deflationary, domestic renewables? The COVID-19 pandemic and the subsequent nationwide lockdown to curb its spread has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international […] Read more
Solving Permission Issues key to Post Pandemic Green Recovery in Italy: WindEurope Updated On Tue, May 5th, 2020 by Saurenergy The European Union’s 2018 Renewable Energy Directive demands that the Member States simplify and shorten their permitting processes. Italy has the 5th largest amount of installed wind energy capacity in Europe. In its final 2030 National Energy and Climate Plan (NECP), the country aims at almost doubling its installed wind power capacity. The NECP plans […] Read more
SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects Updated On Tue, May 5th, 2020 by Saurenergy SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […] Read more
