Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020 Updated On Sat, Feb 1st, 2020 by Saurenergy Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […] Read more
India Sets Sight for 450 GW RE Capacity by 2030: President Kovind Updated On Fri, Jan 31st, 2020 by Saurenergy India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 to capitalise on its clean resources, President Ram Nath Kovind said India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 and also provide 17 lakh solar pumps to farmers under Pradhan Mantri-Kusum […] Read more
The Red Tape Challenge. How RE Producers in India Are Squeezed Updated On Fri, Jan 31st, 2020 by Saurenergy While meeting people within and outside the renewables industry, almost everyone agrees that unlike other sectors, a key part of the work, namely, the actual build up of renewable projects, in terms of procurement, transportation and commissioning at site, is probably the easiest part of the job.In fact, the mismatch between the time taken to […] Read more
Duke Energy Renewables’ Largest Solar Project in Texas now Online Updated On Fri, Jan 31st, 2020 by Saurenergy Duke Energy Renewables has announced that its 100-megawatt Lapetus Solar project in Andrews County, Texas, began commercial operation in December 2019. Duke Energy Renewables, a subsidiary of Duke Energy, has announced that its 100-megawatt (MW-alternating current) Lapetus Solar project in Andrews County, Texas, began commercial operation in December 2019. It is Duke Energy’s second solar project in commercial operation […] Read more
Scatec Solar Reports Strong Q4 With 32% EBITDA Growth Updated On Mon, Jan 27th, 2020 by Saurenergy Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million (1,666) (USD 181 million), and EBITDA of NOK 434 million (329). Power production reached 298 […] Read more
Despite MERC Order, Will Myrah Energy Execute 100 MW Project in Time? Updated On Mon, Jan 27th, 2020 by Saurenergy If you ever needed to see the long journey and pitfalls a developer has to travel between bidding and actually completing a renewable project in India, then the case of Mytra Energy subsidiary Mytrah Vayu (Vedavati) Private Limited (MVEL) versus the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) and Maharashtra State Electricity Transmission Co. Ltd […] Read more
42 Global Organisations Agree on Guiding Principles for Batteries Updated On Fri, Jan 24th, 2020 by Saurenergy As many as 42 global organisations including Amara Raja have agreed on a new set of guiding principles for batteries to power sustainable energy transition. As many as 42 global organisations including Amara Raja Batteries from India have agreed on a new set of guiding principles for batteries to power a sustainable energy transition. Announcing the new […] Read more
Jinko Signs one of its Biggest Distribution Agreements in Brazil Updated On Fri, Jan 24th, 2020 by Saurenergy Jinko Solar Holding and Aldo Solar have announced a long-term partnership in one of the most important distribution deals signed by Jinko Solar in Brazil Jinko Solar Holding, one of the largest and most innovative solar module manufacturers in the world, and Aldo Solar, which stands out among the leading distributors of solar power equipment […] Read more
Nitya Group to Invest Rs 200 Cr in Next 5 Years Updated On Thu, Jan 23rd, 2020 by Saurenergy Encouraged with the government’s vision of Make in India, FMEG and industrial power distribution equipment maker Nitya Electro Controls (NEC) said that it is mulling to invest an amount of about Rs 200 crore within next 5 years. The move is not only expected to generate multiple employment opportunities but also ensure environment protection through […] Read more
