Discoms trip up India’s Move to Power-Surplus with Peak Deficit at 0.8% in 2018-19 Updated On Mon, Apr 22nd, 2019 by Saurenergy India missed its target of becoming a power-surplus nation after its peak power deficit stood at 0.8 percent and the overall energy deficit remained 0.6 percent for the financial year 2018-19. In its Load Generation Balancing Report (LGBR) for the fiscal year, the Central Electricity Authority (CEA) had pegged overall energy and peak power surpluses at 4.6 percent and […] Read more
Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale Updated On Thu, Apr 18th, 2019 by Saurenergy Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […] Read more
Petronas makes India Play with Amplus Energy Acquisition Updated On Tue, Apr 16th, 2019 by Saurenergy By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […] Read more
Apple Set to Surpass its Clean Energy Goals with New Supplier Commitments Updated On Fri, Apr 12th, 2019 by Saurenergy Global tech-major, Apple has revealed that it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 percent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, the California-based tech company will exceed its goal of bringing 4 GW of […] Read more
MYSUN Secures 11MW New Orders from Mah, Raj; Expands Presence to 7 States Updated On Fri, Apr 5th, 2019 by Saurenergy Adding to its presence in Delhi, Haryana and Uttar Pradesh, the company added industrial and institutional clients in Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Puducherry in FY 2018-19. One of the leading players in the rooftop solar space, MYSUN has received new orders aggregating 11 MW from Maharashtra and Rajasthan states in past 30 […] Read more
Sharp Launches 3 New Mono-PERC Modules With 19.1% Efficiency Updated On Thu, Apr 4th, 2019 by Saurenergy Sharp has unveiled three new high-efficiency mono-PERC solar panels. These range from 300 W to 370 W, and the five-busbar modules are designed for use in a range of applications, from residential PV projects to large commercial installations. Japnese electronic giant Sharp adds that all three modules, the NU-AH370, NU-AK310 and NU-AK300B, can be mounted […] Read more
Sydney Sets 100% Renewables Target For 2030 Updated On Mon, Apr 1st, 2019 by Saurenergy The city of Sydney has set an ambitious target of meeting 100 percent of its energy demands from renewable energy sources. “With our energy supply contract set to expire at the end of this year, we’re diving head first into Sydney’s renewable future by increasing our renewable electricity target from 50% to 100%,” a statement […] Read more
SLDC Can’t Cut Down Renewable Power Per Convenience : TNERC Updated On Mon, Apr 1st, 2019 by Saurenergy TNERC outlined these findings in a petition regarding stopping issuance of backing down or curtailment instructions to solar projects. In a significant move for the energy sector, the Tamil Nadu Electricity Regulatory Commission (TNERC) has stated that State Load Dispatch Centre (SLDC) cannot curtail renewable power at their convenience, adding that backing down of the “Must Run Status” power shall […] Read more
Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
