ReNew Power Inks Pact to Buy AI & ML Startup Climate Connect Updated On Thu, Jun 4th, 2020 by Saurenergy With an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni […] Read more
Germany Raises Offshore Wind Power Goal to 40 GW in 20 Yrs Updated On Thu, Jun 4th, 2020 by Saurenergy The German Cabinet has passed a bill that would set a goal of 40 GW of offshore wind power capacity installation by 2040, marking a surge of almost five-fold. The move came as the German government wants to significantly surge its offshore wind energy capacity from current 7.5 GW (approx) to 40 GW as part […] Read more
Water Scarcity Driving Smarter Solutions in Solar Projects Updated On Wed, Jun 3rd, 2020 by Saurenergy India is a country that is developing rapidly and with this growth comes an increasing demand for water. Although India is well endowed with strong natural river systems, water scarcity is becoming a serious issue in the country. With higher demand for electricity, traditional sources of energy have become a liability not just due to […] Read more
PPA for Thermal Plant with Adani Power in MP Raises Important Questions Updated On Mon, Jun 1st, 2020 by Saurenergy The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […] Read more
Top 10 Inverter Companies for Rooftop Solar in India Updated On Mon, Jun 1st, 2020 by Saurenergy With India signed the Paris accord in 2015 to reduce its carbon footprints significantly by 2030, the road towards increasing the clean energy generation in the country’s aggregate energy mix opened. It provides the country with a new vision of achieving higher targets of (175 GW) renewable energy by 2022 and dampens the fossil fuel-based […] Read more
IEX Follows PXIL in Launching RTM for Electricity Transactions Updated On Mon, Jun 1st, 2020 by Saurenergy IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […] Read more
Interview with Krishan Sharma, Vice President – Asia, ReneSola Updated On Sat, May 30th, 2020 by Saurenergy For Krishan Kumar Sharma, a 12 year journey in the solar sector has taken him to Renesola, a leading module manufacturer, where he is the Vice President, South Asia. With his wide exposure to the solar markets in Asia, and through Renesola, the world, we caught up with him to get a view on the […] 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
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more