Electricity Storage Valuation Framework Updated On Wed, Apr 1st, 2020 by Saurenergy Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […] Read more
IHS Markit Predicts a 16% YOY Drop in Solar Capacity Additions in 2020 Updated On Wed, Apr 1st, 2020 by Saurenergy Even as estimates and predictions on the impact of the Coronavirus pandemic on the renewable energy, and solar sector in particular are announced and updated with each passing week, comes a specific prediction from IHS Markit. The global research and analytics firm has predicted a degrowth of as much as 16 percent in global solar […] Read more
Storage Stays In Focus With New 1200 MW tender Plan from SECI Updated On Wed, Apr 1st, 2020 by Saurenergy After the success of its previous 1200 MW tender for renewable generation plus guaranteed peak supply, the Solar Energy Corporation of India (SECI) has issued a notice inviting tender (NIT) for a repeat of its previous tender. That was oversubscribed by 420 MW. SECI informs us that details will be uploaded soon on the website […] Read more
Leading RE Firms and Orgs Call Upon EU To Use Corona Funds Well Updated On Tue, Mar 31st, 2020 by Saurenergy In an interesting move, even as the European Union launches into a massive stimulus plans to fight the economic disruption caused by the Coronavirus disease Covid-19, calls for making this an opportunity to go ‘green’ have been going stronger. In fact, for many activists, the stimulus is being seen as an opportunity to ram through […] Read more
Backed by RE, Ministry Confident of Meeting Peak Demand by 2026-27 Updated On Tue, Mar 31st, 2020 by Saurenergy The Standing Committee on Energy recently presented its 4th report in the Parliament, one key area of focus was peak power demand and the demand met The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […] Read more
PSU’s of MoP, MNRE Contribute Rs 925 Cr to Combat COVID-19 Updated On Tue, Mar 31st, 2020 by Saurenergy PSU’s of MoP and MNRE have pledged to contribute Rs 925 crore to PM-CARES Fund in support to all on-going relief efforts to combat the COVID-19 Outbreak. The Public Sector Undertakings of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have pledged to contribute Rs 925 crore to the […] Read more
Northland Power to Acquire Offshore Wind Project in Canada Updated On Tue, Mar 31st, 2020 by Saurenergy NaiKun Wind Energy Group will sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of British Columbia, Canada, to Northland Power NaiKun Wind Energy Group has announced that it has entered into an agreement to sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
Power Ministry Committed for 24×7 Supply to Consumers: RK Singh Updated On Mon, Mar 30th, 2020 by Saurenergy In the wake of lockdown imposed across the country to contain the spread of the coronavirus pandemic, the Power Minister RK Singh has ensured round-the-clock power supply to consumers. The Minister said that “in this time of crisis, the Ministry of Power is committed to providing 24×7 supply of electricity to all consumers.” He further […] Read more
