Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050 Updated On Thu, Jun 20th, 2019 by Saurenergy As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Govt May Lower GST Rate for EVs to 5% Updated On Wed, Jun 19th, 2019 by Saurenergy Government of India may slash down GST levied on the sale of electric vehicles in the upcoming 35th GST council on June 20. India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the current government. The […] Read more
DEWA Strengthens Strategic Partnership on Renewable Energy With Masdar Updated On Thu, Jun 13th, 2019 by Saurenergy DEWA has announced the strengthening of its strategic partnership with Masdar, on renewable and clean energy. The Dubai Electricity and Water Authority (DEWA) has announced the strengthening of its strategic partnership with the Abu Dhabi Future Energy Company (Masdar), on renewable and clean energy, and the various plans and projects that support the objectives of […] Read more
1 GW Tender from NTPC Under Phase-II of CPSU Program Out Updated On Tue, Jun 11th, 2019 by Saurenergy National Thermal Power Corporation Limited (NTPC) has finally released another tender for 1 GW of solar power under the CPSU program. This comes barely a week after the rfs request for 1 GW a week ago. The program was designed specifically to encourage domestic manufacturing, hence, all the supplies will need to be sourced domestically […] Read more
SNEC Shanghai 2019. India is falling ‘Behind’ Updated On Mon, Jun 10th, 2019 by Saurenergy At the SNEC Shanghai Show, held in shanghai from June 4-6, and among the largest expos for the solar industry in the world, after three days of meetings with visitors and exhibitors from China and other countries, for their view of the Indian market, we saw an almost uniform perspective on the Indian market this […] Read more
Huawei Wins Top 10 Highest Award at SNEC 2019 Updated On Thu, Jun 6th, 2019 by Saurenergy At SNEC 2019, Huawei was announced as the winner of SNEC Top 10 Highest Award – Titanium Watt Diamond Award, for its Smart I-V Diagnosis 3.0. The Top 10 Highest Award recognises the best overall performance from a group competitors. Experts consider five factors as “advanced”, “initiative”, “professional”, “sociality” and “regional”, finally select “Top 10 Highest […] Read more
Energy Sector Yet to Realise the Full Potential of Intelligent Automation Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […] 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
