IEX Trades 7093 MU in June’21 with 48% YoY Growth Updated On Mon, Jul 5th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 7093 MU of electricity volume in June’21 recording 48% YoY growth. According to the power demand data published by the National Load Dispatch Center, the national peak demand saw a 16% YoY increase, with the highest ever peak demand at 191.51 GW, while energy consumption at 115 BU grew […] Read more
HPL Electric and Power Ltd reports revenue of ₹ 308 Crores in Q4 FY21 Updated On Tue, Jun 29th, 2021 by Saurenergy Indian electric equipment company HPL Electric and Power Ltd. released its financial results for the fourth quarter of the fiscal year 2021 (April’20 to March’21) yesterday, reporting total revenue of ₹ 308 Crores, led by robust growth in the Metering and Consumer segment (B2C). The metering business witnessed an improved performance in Q4 FY21 than […] Read more
Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market Updated On Fri, Jun 25th, 2021 by Saurenergy Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […] Read more
Sungrow Partners With UCC for Distribution In Bangladesh Updated On Wed, Jun 16th, 2021 by Saurenergy Leading global inverter solution supplier, Sungrow has today announced its partnership with United Computer Center (UCC) to enhance the company’s distribution networks for commercial & industrial, residential inverters in Bangladesh. Sungrow has a wide portfolio of products for applications in distributed generation markets covering product verticals within commercial and industrial, as well as residential inverters. […] Read more
Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report Updated On Mon, Jun 14th, 2021 by Saurenergy The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD), examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […] Read more
Solar Generated Maximum Electricity Among all Renewables in Australia Updated On Thu, Jun 10th, 2021 by Saurenergy Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […] Read more
Clean Energy Investment in Developing Economies a Global Priority: IEA Updated On Thu, Jun 10th, 2021 by Saurenergy New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […] Read more
Pakistan Railways Follows The Sun, To Shift Stations To Solar Updated On Thu, Jun 3rd, 2021 by Saurenergy Pakistan Railways has finally made a call to shift 155 railway stations to solar energy. The move follows a prod by the federal government to use alternative environment-friendly energy resources. The railways PR Director Nazia Jabeen says that the cost of the project would be Pakistani Rs 450 million. Pakistan, which has an existing installed […] Read more
India’s May Power Consumption Grows, Despite Setbacks Updated On Wed, Jun 2nd, 2021 by Saurenergy Power consumption in India grew by over 8.2 per over in May 2021 over the same period in 2020. At 110.47 billion units (BU), the numbers indicate a poor recovery over the figure of 120.02 BU recorded in May 2019, the pre-covid impact year, which really should be the reference for this year. May 2020 […] Read more
