‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’ Updated On Thu, May 7th, 2020 by Saurenergy Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […] Read more
The Top 7 Solar Power Parks across the World Updated On Thu, May 7th, 2020 by Saurenergy A list of the 7 largest solar parks in the world, four of which are located in India and the remaining three in China. Although an outsider right now, the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai with a planned 5000 MW capacity could soon make its way to the top of the […] Read more
Energy Efficiency Measures Help India Save Extra Rs 35,495 Cr in a Year Updated On Wed, May 6th, 2020 by Saurenergy By adopting various energy efficiency measures, India witnessed approx. 66 percent higher savings to Rs 35,495 crore during 2018-19. It was revealed by an expert agency PricewaterhouseCoopers (PwC Ltd) via its report – Impact of energy efficiency measures for the year 2018-19. The report was released by the Power Minister R.K. Singh through Video conference. […] Read more
Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] Read more
Renewables Unaffected as Thermal Generation Suffered Amid Lockdown: India Ratings Updated On Wed, May 6th, 2020 by Saurenergy The decrease in demand has seen electricity generation from all sources (excluding renewables) take a hit in March 2020 with thermal generation at the front. According to a new analysis, the power demand in India declined for March and April amid the COVID-19 led lockdown, however, with the decrease in demand, electricity generation from all […] Read more
3 Startups With Solar, Storage Tech Selected for GameChanger Accelerator Updated On Mon, May 4th, 2020 by Saurenergy The Shell GameChanger Accelerator Powered by NREL has announced 3 new startups involved in solar and storage technologies are to participate in the program The Shell GameChanger Accelerator Powered by NREL (GCxN) has announced three new startups to participate in the program following a multistage competitive evaluation. GCxN provides promising cleantech startups with technical resources […] Read more
Heliogen Bags Award for its Concentrated Solar Technology Updated On Wed, Apr 29th, 2020 by Saurenergy Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas Award, recognized for its concentrated solar technology Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas award. Winning the Energy category, Heliogen was recognized for its concentrated solar technology that – for […] Read more
NTPC Re-tenders for 100 kWp Rooftop Solar Power System Updated On Thu, Apr 23rd, 2020 by Saurenergy NTPC has issued its tender for setting up a 100 kWp rooftop solar PV power system at the firms’ Singrauli Super Thermal Power Plant for a second time. NTPC Ltd has issued its tender for setting up a 100 kWp rooftop solar PV power system at the firms’ Singrauli Super Thermal Power Plant (SSTPS) in […] Read more
The Woodmac Weekly Update on Renewable Energy Worldwide Updated On Tue, Apr 21st, 2020 by Saurenergy In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […] Read more