CONSYST to Build State RE Data Center at Kerala State Electricity Board Updated On Tue, Jun 23rd, 2020 by Saurenergy Engineering and technology solutions provider CONSYST has secured a project from state-owned Kerala State Electricity Board Ltd (KSEB) to build the state renewable energy (RE) data center at Vydyuthi Bhavan in Thiruvananthapuram. Kochi-based CONSYST is a leading Industry 4.0 automation system integration company. Commenting on securing the project from KSEB, Jasir Sabri, Managing Director at […] Read more
200 MW Reading Wind Facility in Kansas Comes Online Updated On Tue, Jun 23rd, 2020 by Saurenergy Southern Power has announced that the 200 MW Reading Wind Facility in Osage and Lyon Counties, Kansas, is now operational. Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced that the 200-megawatt (MW) Reading Wind Facility in Osage and Lyon Counties, Kansas, is now operational. This project, Southern […] Read more
Rs 90,000 Crore Relief Package for Discoms a Non-Starter Updated On Tue, Jun 23rd, 2020 by Saurenergy The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union government’s ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend […] Read more
Hyundai, Kia & LG Chem Looking to Invest in EV and EV Battery Startups Updated On Tue, Jun 23rd, 2020 by Saurenergy Hyundai, Kia and LG Chem are jointly sponsoring a global competition to identify up to 10 EV and battery startups for potential investment and collaboration With demand for EVs growing, Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to […] Read more
Adani Power Board Gives Nod for Delisting from Indian Bourses Updated On Mon, Jun 22nd, 2020 by Saurenergy The board of Adani Power Ltd (APL), a part of the diversified Adani Group, has provided its consent on the proposal for delisting of the company’s equity shares from the stock exchanges i.e. both from BSE and NSE. The promoter group collectively holds 289.16 crore equity shares of APL representing 74.97 per cent of the […] Read more
Japan’s JERA and France’s ADEME, IDEOL Team Up to Form 2 GW Floating Wind Farm JV Updated On Mon, Jun 22nd, 2020 by Saurenergy Japan’s largest utility company JERA said that it has agreed with French state-owned investment firm ADEME Investissement and Ideol, France’s leading floating offshore wind technology company, on the key terms for establishing an investment vehicle to develop a floating offshore wind farm. Through this joint venture, the three companies aim to establish an investment vehicle […] Read more
Smart Meters Help TPDDL to Raise 3.5 Lakh Bills with Actual Readings amid Lockdown Updated On Mon, Jun 22nd, 2020 by Saurenergy With the help of smart meters installed at the customers’ premises, Tata Power Delhi Distribution Ltd (Tata Power-DDL or TPDDL), the distribution arm of Tata Power and Delhi Government, has managed to raise 3.5 lakh bills with actual readings instead of provisional ones amidst lockdown period between April and May 2020. Through the installation of […] Read more
Funding For Renewable Energy Software Development- Clir Raises C $1.7M Updated On Mon, Jun 22nd, 2020 by Saurenergy Vancouver, Canada based Clir Renewables has announced a Canadian $ 1.7 million debt funding from In yet Silicon Valley bank. The funding dives home just how critical software is becoming to managing and assessing renewable energy performance, as tools like AI, 5G and more make an entry in ever larger ways. Clir invests in expanding […] Read more
Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more
