Energy Sector Yet to Realise the Full Potential of Intelligent Automation Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […] Read more
Znshine Supplies 100MW Modules to Etihad Energy for DEWA Projects Updated On Fri, May 31st, 2019 by Saurenergy Under this 100 MW pact, Znshine will supply a mix of single glass and double glass modules as it felt that double glass modules will be more suitable for high-rise buildings. China-based tier-1 PV module maker Znshine PV tech has inked a supply pact with Etihad Energy services for 100 MW of solar modules for […] Read more
Finolex Cables Posts Profit Jump in Q4 Updated On Thu, May 30th, 2019 by Saurenergy Finolex Cables Ltd., (FCL) recently released its results for the fourth quarter as well as the full year of 2018-19. Revenues for the quarter ended March 2019 were Rs.8216.9 million as against Rs.7992.0 million for the corresponding period in the year 2017-18 representing a 3% growth in value terms. In volume terms, all Electrical Wires […] Read more
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
Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF Updated On Mon, May 13th, 2019 by Saurenergy A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […] Read more
SoftServe and Lightricity Partner to Innovate Power Harvesting Technology Updated On Thu, May 9th, 2019 by Saurenergy SoftServe will use power harvesting techniques to develop solutions to make electronic devices more power efficient, prolong their lifetime, and make maintenance easier. SoftServe, a leading digital authority and consulting company, recently announced its partnership with Lightricity, a leader in photovoltaic energy harvesting technology. As a partner, SoftServe will use power harvesting techniques to develop solutions […] Read more
Washington Joins 100% Renewable Energy Clan, More May Follow Updated On Thu, May 9th, 2019 by Saurenergy Washington Gov. Inslee gave a green signal to the law that made the state the fifth member of the 100% clean energy list in the US. On May 7, Washington became the latest state to join the clean energy race, when Gov. Jay Inslee signed a law requiring that 100 percent of the state’s electricity […] Read more
Partners in Progress: India Calls Out For Energy Security in Asia Updated On Thu, May 2nd, 2019 by Saurenergy India’s Minister of State for External Affairs V K Singh has called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power. Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, the minister urged the Member States […] Read more