1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC Updated On Tue, Jun 9th, 2020 by Saurenergy OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […] Read more
Govt Urges Stakeholders to Contact Nodal Officer for Grievance Redressal on Pref to Make in India Order Updated On Mon, Jun 8th, 2020 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has issued an office memorandum stating that for any grievance redressal purpose with respect to its order on ‘Preference to Make in India’, industry stakeholders can contact to the nodal officer. For this purpose, Sutapa Majumdar is the MNRE’s nodal officer for dealing grievances w.r.t. the matter. […] Read more
Enphase Energy Forays into Poland; Inks Distribution Pact with SmartX Updated On Thu, Jun 4th, 2020 by Saurenergy Enphase Energy, a solar microinverters specialist, has forayed into Poland via a distribution partnership with SmartX, a solar microinverters distributor in Poland. The company’s move of entering into Poland is significant as currently, the country has one of the top 5 solar markets in Europe, with an estimated installed capacity of over 1 GW. Commenting on the collaboration, Piotr Redkiewicz, […] Read more
Orb Energy Hires Rabindra Satpathy as Exec VP – Business Development Updated On Thu, Jun 4th, 2020 by Saurenergy Shell-backed solar power firm Orb Energy has appointed Rabindra Satpathy as its Executive Vice President – Business Development. Now, Satpathy will oversee the Bengaluru-based company’s business development in ground-mounted solar power plants, including storage, floating solar and other new projects. He brings with him more than 35 years of solar experience in design, engineering, product […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
Ravinder Singh Dhillon Assumes Charge as Chairman & MD, PFC Updated On Mon, Jun 1st, 2020 by Saurenergy State-run Power Finance Corporation (PFC) on Monday announced the appointment of Ravinder Singh Dhillon as Chairman and Managing Director (CMD) on the board of PFC effective from June 1, 2020. R.S. Dhillon has been appointed following the superannuation of Rajiv Sharma as Chairman and Managing Director on the PFC’s Board with effect from May 31, […] Read more
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more
63 GW new Wind Capacity Added in 2019; Vestas top Supplier: GWEC Updated On Thu, May 28th, 2020 by Saurenergy According to a new report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity. The Global Wind Energy Council (GWEC) has published the second edition of its annual ‘Supply-Side Analysis 2019’ report on its market intelligence platform. According to the report, 22,893 wind turbines […] Read more
Biggest Fall in Global Energy Investments in History due to COVID-19: IEA Updated On Wed, May 27th, 2020 by Saurenergy The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […] Read more