Power Consumption has Returned to Normal, Over 11% Growth in October Updated On Mon, Oct 19th, 2020 by Saurenergy India’s power consumption grew 11.45 percent to 55.37 BU in the first half of October this year, mainly driven by buoyancy in C&I activities. India’s power consumption grew 11.45 percent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data. According to the power ministry […] Read more
GE Selected by SB Energy for 327 MW Wind Plant in Madhya Pradesh Updated On Fri, Oct 16th, 2020 by Saurenergy GE Renewable Energy has been selected by SB Energy to supply, install and commission 121 wind turbines, cumulating 327 MW, in Madhya Pradesh. GE Renewable Energy has announced that it has been selected by SB Energy (SoftBank Group) to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, cumulating 327 MW, to […] Read more
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
RenewSys Expands Manufacturing Capacity at Facility in Bengaluru Updated On Wed, Oct 7th, 2020 by Saurenergy RenewSys India has increased the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW and Backsheet capacity to 4 GW. RenewSys India has announced an increase in the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW (from its current 1.65 GW). Similarly, the Backsheet capacity is being expanded […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
Committed to Advanced Technology and Replace Coal-Fired Plants: RK Singh Updated On Wed, Oct 7th, 2020 by Saurenergy RK Singh has said that India is strongly committed to its renewable energy targets and that it is working towards advancing the technology that is adopted Union Minister for Power and New & Renewable Energy RK Singh has affirmed that India is strongly committed to its renewable energy targets and that it is constantly working […] Read more
eMatrixmile and Magenta Sign MoU to Develop 10,000 EV Charging Stations Updated On Tue, Oct 6th, 2020 by Saurenergy An MoU has been signed between eMatrixmile India and Magenta EV Solutions for installation and commissioning of 10,000 EV charging stations across India. A Memorandum of Understanding (MoU), has been signed between eMatrixmile India Pvt Ltd and Magenta EV Solutions Private Limited for installation and commissioning of ‘QYK POD’ charging stations with associated infrastructure and stations in Mumbai, […] Read more
NITI Aayog, Dutch Embassy Sign SoI on ‘Decarbonisation and Energy Transition Agenda’ Updated On Thu, Oct 1st, 2020 by Saurenergy NITI Aayog and the Embassy of the Netherlands have signed an SoI to support the decarbonisation and energy transition agenda for cleaner and more energy. NITI Aayog and Embassy of the Netherlands, New Delhi, signed a Statement of Intent (SoI) on September 28, 2020, to support the decarbonisation and energy transition agenda for accommodating cleaner […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
