We are on Track to reach 2 GW Renewable Development in India: Harmanjit Nagi Updated On Fri, May 29th, 2020 by Saurenergy We are strongly committed to renewable development in India, with 2GW of renewable capacity targeted by 2022 through wind, solar and hydro projects. I’m happy to say we are on track to reach this target. Thanks to new opportunities in 2019 and early 2020, we now have significant pipeline of renewable projects under development: 1 […] Read more
GCL-SI Makes PVEL’s Top Performer List for 4th Successive Year Updated On Fri, May 29th, 2020 by Saurenergy GCL-SI has announced that it has been awarded as Top performer in PVEL 2020 PV Module Reliability Scorecard for the 4th consecutive years. GCL System Integration (GCL-SI) has announced that it has been awarded as Top performer in PVEL 2020 PV Module Reliability Scorecard for the 4th consecutive years. PV Evolution Labs (PVEL) is a leading independent […] 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
Power Producers Seek Payment of Rightful Dues to IPPs from MP Govt Updated On Thu, May 28th, 2020 by Saurenergy The Association of Power Producers (APP) in a written letter has urged Power Minister RK Singh to advise Madhya Pradesh (MP) government to again consider its decision of denying payment of rightful dues of independent power producers (IPPs). According to the letter, quoted PTI, “on behalf of independent power producers (IPPs), we request your intervention […] Read more
Winning of Rs 2.90/kWh Renewable+Storage Tender by Renew Power Might be the Biggest Event of 2020 for Renewables, in terms of impact. Updated On Thu, May 28th, 2020 by Saurenergy In a recent tender for Round-The-Clock (RTC) supply of 100 percent renewable energy (RE) power with storage, the Solar Energy Corporation of India (SECI) has discovered a levelised tariff of Rs 3.52/kWh for 15 years. The bid was won by Renew Power. On the significance of this development for the renewables industry in India, we […] Read more
63 GW new Wind Capacity Added in 2019; Vestas top Supplier: GWEC Updated On Thu, May 28th, 2020 by Saurenergy According to a new report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity. The Global Wind Energy Council (GWEC) has published the second edition of its annual ‘Supply-Side Analysis 2019’ report on its market intelligence platform. According to the report, 22,893 wind turbines […] Read more
EV Batteries as Storage batteries for Grid Power. Possible, Says MIT Study Updated On Thu, May 28th, 2020 by Saurenergy If there is one area where the renewable energy industry steals a march over fossil fuel based sectors, it has to be the area of recycling. Unlike thermal and oil/gas based energy generators, renewable technologies have come up in the glare of huge public expectations and appraisal, and having to prove themselves better at every […] Read more
PM Emphasizes on Financial Sustainability of Power Sector, Make in India Updated On Thu, May 28th, 2020 by Saurenergy Prime Minister Narendra Modi emphasized the need for improving the financial sustainability of the power sector in order to solve the issues prevailing in the sector especially the power distribution sector. He said during a detailed review meeting held on Thursday evening on the power sector with the Ministry of Power (MoP) and the Ministry […] Read more
NTPC Eyes Majority Stake in ADAG’s BRPL, BYPL to Foray into Distribution Biz Updated On Wed, May 27th, 2020 by Saurenergy Country’s largest power generation utility NTPC is planning to foray into electricity distribution business as it has evinced interest to acquire majority stake of 51 per cent in Anil Dhirubhai Ambani Group’s (ADAG) two utilities. The ADAG has two Discoms in Delhi namely BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL), which supplies electricity to approx 4.4 million customers. […] Read more