EESL Registers 70% Consolidated Revenue Growth in FY19 Updated On Tue, May 28th, 2019 by Saurenergy EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […] Read more
Punjab Commission Hikes Average Tariff by 2.14% Across Categories Updated On Tue, May 28th, 2019 by Saurenergy Punjab has announced an average tariff hike of 2.14 percent across categories for 2019-20. The State Electricity Regulatory Commission of Punjab has announced the hike in average tariff by 2.14 percent across categories for 2019-20. Besides, the state power regulator also raised the fixed charge for the domestic category of consumers by Rs 10 per […] Read more
Andhra Pradesh’s New CM Elect is Sold on Renewables, with Conditions Updated On Tue, May 28th, 2019 by Saurenergy In an Interview to India Today, YS Jaganmohan Reddy, who will be sworn in as the state’s next Chief Minister on May 30, expressed the hope that his regime will be able to use solar in a big way. In a wide ranging interview where he spoke about a host of issues, the incoming CM’s […] Read more
Huawei Launches its Latest 1500V String Inverter in India Updated On Mon, May 27th, 2019 by Saurenergy Huawei, a leader in inverter shipments, has announced the launch of its latest utility scale 1500V smart string inverter, the SUN2000-185KTL-INH0 (“SUN2000-185KTL”) for the Indian solar market. The SUN2000-185KTL comes integrated with an AI algorithm, that makes a good case for the model to be the best choice for 1500V solar system, trackers and bifacial […] Read more
Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project Updated On Thu, May 23rd, 2019 by Saurenergy The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […] Read more
Vestas to Supply Turbines For Fortum’s First Large-Scale Project in Finland Updated On Wed, May 22nd, 2019 by Saurenergy Turbine delivery is scheduled for the second quarter of 2020, while commissioning is planned at the latest in the first quarter of 2021. Vestas has secured an order from Nordic clean energy company Fortum, for the 90 MW wind project Kalax in the province of Närpio in Western Finland, the first large-scale wind energy project […] Read more
Vestas Launches New Turbine Targeting Cheaper US Wind Farms Updated On Wed, May 22nd, 2019 by Saurenergy Danish wind energy major, Vestas has launched a new wind turbine with aims to meet the market constraints and reduced LCoE demands of the US wind power sector. Following the launch of the EnVentus platform in January, including the V162-5.6 MW and V150-5.6 MW turbines, the company introduced the V138-3.0 MW turbine. Based on the […] Read more
Interview with Sebastian Groh, Managing Director and Founder, SOLshare Updated On Wed, May 22nd, 2019 by Saurenergy Solshare’s Innovative Solution for Energy Access Through Nano Grids A Bangladesh based firm that has made it to the Global Cleantech 100 in 2018. That’s SOLshare, the nano grid firm. The company was formed in 2013, when Dr Sebastian Groh pitched the idea of SOLshare as one of the early outcomes of his PhD thesis […] Read more
GE Renewable Bags Over 2GW Onshore Wind Orders in US Till May Updated On Tue, May 21st, 2019 by Saurenergy As per the orders received, the company will supply 728 turbines in the US which will power more than 800,000 homes. In a major boost, GE Renewable Energy, a USD 15 Billion company, has received significant onshore wind orders from North America for 2,010 MW (2 GW approx.) till May, this year. As per the […] Read more