IRENA Report on Innovation Landscape for a Renewable-Powered Future Updated On Fri, May 31st, 2019 by Saurenergy The integration of solar and wind power poses specific challenges as system operators pursue low-carbon investments and long-term energy sustainability. As these variable renewable energy (VRE) sources reach high shares of power generation, power systems must be increasingly flexible to maintain the balance of supply and demand over each day or year. In response, policymakers […] Read more
Power Tariff Set For EV Charging Stations in Chandigarh Updated On Fri, May 31st, 2019 by Saurenergy In its first move, the Joint Electricity Regulatory Commission (JERC) has fixed tariff plan for electric vehicle charging stations in Chandigarh. Boosting the business side of adopting electric vehicles at various commercial and residential complexes, JERC has fixed a tariff plan for EV charging stations in Chandigarh. In its latest order, the regulatory commission has […] Read more
News Flash. No Disruptions in Renewables Ministry, as R.K. Singh Retains Portfolio Updated On Fri, May 31st, 2019 by Saurenergy With the final list of ministers and their allocations finally out, the Indian renewable energy industry would have heaved a sigh of relief to see that no major faces are being changed. Shri R.K. Singh, who was handling the MNRE Ministry and Power Ministry earlier too, comes back as the Minister of State (Independent Charge) […] Read more
CERC Finalises 5th Amendment For Deviation Settlement Mechanism Updated On Fri, May 31st, 2019 by Saurenergy The commission has accepted all the proposals put forward in the draft fifth amendment of the deviation settlement mechanism regulations. The Central Electricity Regulatory Commission (CERC) has finalised the fifth amendment to its deviation settlement mechanism regulations. The CERC (Deviation Settlement Mechanism and related matters) (Fifth Amendment) Regulations, 2019, will come into effect from June […] Read more
NTPC Granted Electricity Trading License by CERC Updated On Fri, May 31st, 2019 by Saurenergy CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […] Read more
Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr Updated On Fri, May 31st, 2019 by Saurenergy Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […] Read more
Finolex Cables Posts Profit Jump in Q4 Updated On Thu, May 30th, 2019 by Saurenergy Finolex Cables Ltd., (FCL) recently released its results for the fourth quarter as well as the full year of 2018-19. Revenues for the quarter ended March 2019 were Rs.8216.9 million as against Rs.7992.0 million for the corresponding period in the year 2017-18 representing a 3% growth in value terms. In volume terms, all Electrical Wires […] Read more
Power Finance Corp More Than Doubled Q4 Profits Updated On Thu, May 30th, 2019 by Saurenergy Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […] Read more
Cost of Renewable Power Dropped to a Record Low in 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […] Read more
