Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
Draft Tariff Policy Can Revolutionise Power Sector Updated On Wed, Jun 3rd, 2020 by Saurenergy The proposal to end tariff differentiation is a much-needed reform in the power sector but the key to reaping real benefits of the move lies in its implementation and involvement of consumers in the reform process, as said by the Pradeep S. Mehta founded non-profit Indian think tank. CUTS International is a Jaipur-headquartered organisation and […] Read more
EESL JV ‘EPAL’ Becomes Fastest Growing Indian Owned Firm in the UK Updated On Fri, May 29th, 2020 by Saurenergy EESL JV ‘EPAL’ has emerged as the fastest-growing Indian company in the UK in the “India meets Britain Tracker 2020”, developed by CII and Grant Thornton. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India has set a remarkable global precedent […] Read more
R.K. Singh: The 5 Point Checklist for 2020 Updated On Wed, May 27th, 2020 by Saurenergy Union Power Minister R.K. Singh will complete 3 years of his association with the Power Ministry on September 3 this year. 2020 could be the year that defines his tenure. Ever since his appointment as the Minister of Power (Independent Charge) in Prime Minister Narendra Modi’s cabinet, he has found himself in the idle of […] Read more
Germany’s GIZ to Help Southern India Balance its Renewable Resources Updated On Wed, May 27th, 2020 by Saurenergy Germany’s GIZ has commissioned a study for southern India to aid in balancing the energy supply from wind and solar and energy demand in the region DNV GL, the world’s largest resource of independent energy experts and certification body, has been contracted by Germany’s development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to conduct a […] Read more
Engie in Final Talks with Hawaiian Electric for Solar plus Storage Project Updated On Mon, May 25th, 2020 by Saurenergy French multinational electric utility Engie said that its project has been selected by the US-based Hawaiian Electric as one of the 16 in the final award group for the stage 2 variable renewable dispatchable generation and energy storage projects. Further, the proposed project, a 60 MWAC solar energy + 240 MWh of the battery storage […] Read more
Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal Updated On Fri, May 22nd, 2020 by Saurenergy The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […] Read more
JinkoSolar Tops in Module Shipments to India in Q1 2020 Updated On Fri, May 22nd, 2020 by Saurenergy JinkoSolar Holding, a leading solar module manufacturer, has topped in the list of solar module suppliers to India during the January-March quarter of 2020, as per the research and advisory services provider firm. According to the quarterly report of JMK Research and Analytics, in which it has ranked domestic and international module suppliers based on their shipments […] Read more
Pandemic is Hurting but not Halting Global Renewable Growth: IEA Updated On Fri, May 22nd, 2020 by Saurenergy The COVID-19 Pandemic will force 2020 to witness the first annual decline in new renewable additions in 20 years, but their growth is expected to bounce back next year. The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the […] Read more