Tucson Electric Mulls to Supply 70% Electricity via Renewable to achieve CO2 Reduction Targets Updated On Sat, Jun 27th, 2020 by Saurenergy In a significant development, Arizona-based electric utility company, Tucson Electric Power (TEP), is mulling to supply over 70 per cent of its electricity from wind and solar energy resources. The move is seemed to be as part of its clean energy plan in which it is targeted to trim 80 per cent of its carbon […] Read more
MNRE Issues Guidelines for Wind Power Procurement from 2.5 GW ISTS Projects Updated On Fri, Jun 26th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued guidelines for implementation of ‘scheme for a tariff-based competitive bidding process for procurement of renewable energy power from 2500 MW ISTS connected blended wind power projects’. The government has implemented the scheme for procurement of power at a tariff discovered via a transparent process of […] Read more
Rs 747 Crore US Order Win for Sterling and Wilson Updated On Fri, Jun 26th, 2020 by Saurenergy Sterling and Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has been awarded a USD 99 million (~INR 747 crore) contract to construct a 194 MW project in the United States of America. It is being developed by a leading sustainable energy company, and […] Read more
REC’s Alpha Series Gets BIS Certification Updated On Wed, Jun 24th, 2020 by Saurenergy REC Group, the largest European solar PV brand with over 500MW of installed capacity in Indian subcontinent, has announced the successful certification of its Alpha series by the Bureau of Indian Standards. The Alpha series, based on the breakthrough Hetero junction technology (HJT) offers a high quality option to Indian buyers now, especially those looking […] Read more
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
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
IEA Offers Sustainable Recovery Plan to Governments to Boost Economic Growth Updated On Thu, Jun 18th, 2020 by Saurenergy IEA has outlined energy-focused policies and investments in a new Sustainable Recovery Plan to move the world towards a cleaner and more resilient future. The International Energy Agency (IEA) has, based on an analysis conducted in cooperation with the International Monetary Fund (IMF), outlined energy-focused policies and investments in a new Sustainable Recovery Plan to […] Read more
Investments in Distributed Energy Likely to Rise Up to 75% by 2030 Updated On Tue, Jun 16th, 2020 by Saurenergy With the market set for a decade of high growth, the rate of annual investment in distributed energy resources (DER) likely to increase up to 75 per cent by 2030, as analyzed by a leading business consulting firm. The Frost & Sullivan in its recent analysis, ‘Growth Opportunities in Distributed Energy, Forecast to 2030’, finds that favorable regulations, […] Read more
Azure Announces Financial Results for Q4 2020, 29% Increase in Revenue Updated On Mon, Jun 15th, 2020 by Saurenergy Azure Power has issued its financial results for the fiscal fourth quarter ended March 31, 2020. The firm has reported a 29 percent increase in its revenue. Azure Power, one of India’s leading independent power producers (IPP) for utility and commercial scale solar PV power plants, has reported its financial results for the fiscal fourth quarter ended March 31, […] Read more