Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September Updated On Mon, Nov 9th, 2020 by Saurenergy The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […] Read more
71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
Powering Solar to 2025 and beyond Updated On Fri, Nov 6th, 2020 by Saurenergy The Technologies and Interventions That Will Drive Solar For the global solar sector, the pandemic hit home much earlier than it did for many other sectors. For even before global lockdowns became the norm, China’s early lockdown in late January, followed by other cities subsequently, was sufficiently disruptive for global shipments of solar equipment, of […] Read more
Adani Power Posts 126% Growth in EBITDA for Q2 2020 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […] Read more
NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports Updated On Fri, Nov 6th, 2020 by Saurenergy AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […] Read more
Industry Must Work With Govt on Combatting Climate Change: Javadekar Updated On Fri, Nov 6th, 2020 by Saurenergy Prakash Javadekar has appealed to key industry leaders to work with the government on combating climate change In tune with our declaration in the Paris Summit, India will reduce it’s emission intensity by 35%, we will have 100GW Solar Power, 175 GW Renewable Energy, by the year 2022. Our actions are 2 degree compliant […] Read more
SECI Signs MoU in Odisha to Develop Agro-Photovoltaic Solar Projects Updated On Fri, Nov 6th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) has signed an MoU with the Government of Odisha to develop Agro-Photovoltaic solar projects in the state. The Solar Energy Corporation of India (SECI) on behalf of the Government of India has announced that it has signed a Memorandum of Understanding (MoU) with the Government of Odisha to […] Read more
ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya Updated On Wed, Nov 4th, 2020 by Saurenergy ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […] Read more
SolarEdge Announces Q3 Results, and 2025 Sustainability Targets Updated On Tue, Nov 3rd, 2020 by Saurenergy SolarEdge has announced its financial results for Q3 2020. The firm has also announced the release of its Sustainability Strategy and 2025 Goals & Targets. SolarEdge Technologies, Inc., a global leader in smart energy technology, has announced its financial results for the third quarter (Q3) ended September 30, 2020. The firm also announced the release […] Read more
