IRENA Report on Renewable Power Generation Costs in 2019 Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report […] Read more
Draft Tariff Policy Can Revolutionise Power Sector Updated On Wed, Jun 3rd, 2020 by Saurenergy The proposal to end tariff differentiation is a much-needed reform in the power sector but the key to reaping real benefits of the move lies in its implementation and involvement of consumers in the reform process, as said by the Pradeep S. Mehta founded non-profit Indian think tank. CUTS International is a Jaipur-headquartered organisation and […] Read more
8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects Updated On Tue, Jun 2nd, 2020 by Saurenergy 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […] Read more
Punjab CM Amarinder Singh Welcomes PSERC Move to Trim Power Tariff Updated On Tue, Jun 2nd, 2020 by Saurenergy Punjab Chief Minister Amarinder Singh has hailed the decision taken by the nodal agency Punjab State Electricity Regulatory Commission (PSERC) to slash domestic tariff despite a drop in revenue on the back of coronavirus lockdown. The Minister also hoped that the rates could be further rationalised in the interest of the people. Further, Punjab CM […] Read more
Lockdown Delayed Execution of Under Construction Projects, Escalated Costs: Adani Transmission Updated On Tue, Jun 2nd, 2020 by Saurenergy Adani Transmission (ATL), an arm of the Adani Group, has said that the coronavirus-induced lockdown has delayed the execution of its under-construction projects due to non-availability of workforce and delay in getting multiple regulatory approvals led to cost escalation. The government had imposed a 21-day nationwide lockdown on March 25, 2020, in order to fight coronavirus pandemic, […] Read more
Duke Energy Announces 3 new Solar Projects Worth Over 220 MW Updated On Mon, Jun 1st, 2020 by Saurenergy Duke Energy Florida has filed the locations of its 3 newest solar power plants, which will provide cleaner, smarter energy solutions to Florida customers Duke Energy Florida (DEF), a subsidiary of Duke Energy, has announced that it has filed the locations of its three newest solar power plants, which will provide cleaner, smarter energy solutions to benefit […] Read more
PPA for Thermal Plant with Adani Power in MP Raises Important Questions Updated On Mon, Jun 1st, 2020 by Saurenergy The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […] Read more
ZunRoof Launches Rs 660/Month Plan for Solar Rooftop in Delhi Updated On Sat, May 30th, 2020 by Saurenergy Home-tech startup ZunRoof has unveiled its monthly payment scheme of Rs 660 per month for the installation of new residential solar rooftops. With this plan, the firm will hope to overcome its cost disadvantage with an easy financing option. Under the scheme, rooftop solar installers can save on their electricity bills from day one by […] Read more
MacroBoom: Rugged Solar Speakers Updated On Sat, May 30th, 2020 by Saurenergy PRODUCT BRIEF: The MacroBoom is the combination of life-saving durability and power, solar charging and highest audio quality in a portable speaker. The product has been proven to survive helicopter drops from 10,000 ft and fast moving rivers. PRODUCT FEATURES: These highly portable, solar charging, IP67 water and dust proof, shockproof, daisychaining, bike/surf/sky-mountable bluetooth speakers […] Read more