India’s Power Generation Capacity Reaches 365 GW: RK Singh Updated On Fri, Nov 29th, 2019 by Saurenergy India’s installed power generation capacity has reached 365 GW, which is sufficient to meet the country’s electric demand, Parliament was informed recently. India‘s installed power generation capacity has reached 364.9 gigawatts (365 GW), which is sufficient to meet the country’s electric demand, Parliament was informed recently. Besides, the peak, as well as energy requirement deficit, was less […] Read more
Invenergy, EPM Sign Renewable Deal for 400 MW Capacity in Colombia Updated On Fri, Nov 29th, 2019 by Saurenergy EPM has signed a strategic agreement with Invenergy to develop and build at least 400 MW of solar and wind projects in Colombia over the next 6 years. Colombian power utility Empresas Publicas de Medellin (EPM) has announced that it has signed a strategic agreement with US-based Invenergy to develop and build at least 400 […] Read more
Sterling and Wilson Solar Wind Renewable Company of the Year at MEED 2019 Updated On Fri, Nov 29th, 2019 by Saurenergy Sterling and Wilson Solar has been awarded the prestigious ‘Renewable Company of the Year’ in the GCC Region at the recently held MEED Awards 2019. Sterling and Wilson Solar, the world’s largest solar EPC solutions provider as per IHS Markit has been awarded the prestigious ‘Renewable Company of the Year’ in the Gulf Cooperation Council […] Read more
Energy Storage Contracts Down 34 Percent in Q3 2019 Updated On Thu, Nov 28th, 2019 by Saurenergy Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35. Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35, according to GlobalData’s […] Read more
ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India Updated On Thu, Nov 28th, 2019 by Saurenergy ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […] Read more
Microgeneration and Power Trading – Will it work for India Updated On Thu, Nov 28th, 2019 by Saurenergy At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […] Read more
Iberdrola Commissions Lithium-ion Energy Storage System in Spain Updated On Wed, Nov 27th, 2019 by Saurenergy Iberdrola subsidiary, i-DE has commissioned the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. Iberdrola has announced that its electricity distribution arm, i-DE has commissioned and inaugurated the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. The project, which is the first in the country, […] Read more
Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report Updated On Wed, Nov 27th, 2019 by Saurenergy A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more