Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
COVID-19: 155 Global Corporations Jointly Urge World Leaders for Net-Zero Recovery Updated On Wed, May 20th, 2020 by Saurenergy In the largest-ever UN-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero-carbon economy and call on governments to match their ambition. The 155 global corporations, with a combined market capitalization of more than USD 2.4 trillion and representing more than 5 million employees, have signed a statement urging governments […] Read more
Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers Updated On Wed, May 20th, 2020 by Saurenergy The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […] Read more
EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF Updated On Wed, May 20th, 2020 by Saurenergy Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […] Read more
India Adds 1043 MW of Utility-Scale Solar and Wind Capacity in Q1: BTI Updated On Wed, May 20th, 2020 by Saurenergy India added about 715 MW of utility-scale solar capacity and 328 MW wind capacity in the January to March quarter, according to a new report India added about 715 megawatts (MW) of utility-scale solar capacity in January-March 2020, down 67 percent from 2163 MW during the same period last year, a report said. According to […] Read more
RES and Energy Estate to Advance 2 GW Renewable Hub in Queensland Updated On Tue, May 19th, 2020 by Saurenergy RES and Energy Estate will work together on the CQP project which plans to deliver over 2 GW of wind, solar and storage developments in Queensland RES, one of the world’s largest independent renewable energy companies with over 16 GW portfolio has partnered with Energy Estate to work together on the Central Queensland Power project […] Read more
CEL Tenders for Supply of BOS for Off Grid Solar Water Pumping System in MP Updated On Mon, May 18th, 2020 by Saurenergy State-owned Central Electronics Ltd (CEL) has floated tender inviting online bids for the supply of balance of systems (BoS) for standalone off-grid solar photovoltaic (PV) water pumping systems in Madhya Pradesh (MP). The scope of the tender includes rate contract for design, manufacture, supply, erection, testing and commissioning of BOS for standalone off-grid solar PV […] Read more
Top 10 States for Renewable Energy Installations in Last 4 Years Updated On Fri, May 15th, 2020 by Saurenergy A list of the top 10 states that have implemented the maximum amount of renewable energy projects in the last four years. As part of Intended Nationally Determined Contributions as per the Paris Accord on Climate Change, India has undertaken to install at least forty percent of its total electricity generation capacity from non-fossil fuel […] Read more
The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down? Updated On Thu, May 14th, 2020 by Saurenergy It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […] Read more
