Siemens and Macquarie’s GIG Launch Distributed Energy Joint Venture Updated On Tue, Oct 6th, 2020 by Saurenergy Macquarie’s GIG, Siemens Group companies have formed Calibrant Energy, a joint venture that will operate in the distributed energy segment. Macquarie’s Green Investment Group (GIG), Siemens’ Smart Infrastructure (SI) and Financial Services (SFS) groups have announced the formation of Calibrant Energy, a joint venture that offers comprehensive onsite Energy as a Service (EaaS) solutions at no […] Read more
Average Spot Power Price Drops 3% in September to Rs 2.69/Unit Updated On Tue, Oct 6th, 2020 by Saurenergy The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the IEX, mainly due to ample supply. The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply. The electricity […] Read more
Andritz to Supply Equipment for Greenko’s 1200 MW Pumped Storage Project Updated On Tue, Oct 6th, 2020 by Saurenergy Andritz has received a contract from Greenko for the supply of electro-mechanical equipment for the 1200 MW Pinnapuram pumped storage plant in Andhra Pradesh. Australia-based international technology group Andritz has announced that it has received a contract from Greenko Energy Private Limited, an independent Indian power producer (IPP), for the supply of electro-mechanical equipment for […] Read more
Tata Power- DDL Launches Messenger App to Enhance Digital Experience of Consumers Updated On Mon, Oct 5th, 2020 by Saurenergy Tata Power-DDL, a power utility supplying electricity to 7 million in North Delhi, has launched its new mobile messenger application – SAMVAAD Tata Power-DDL, a leading power utility supplying electricity to a populace of 7 million in North Delhi, has launched a new and highly useful mobile messenger application – SAMVAAD in order to elevate […] Read more
Mitsubishi Electric Receives S-EIV Order from MTR in Hong Kong Updated On Mon, Oct 5th, 2020 by Saurenergy Mitsubishi Electric has received an order from MTR Corporation in Hong Kong for three Station Energy Saving Inverter (S-EIV) systems Mitsubishi Electric (Hong Kong) Limited has announced that it has received an order from MTR Corporation Ltd (MTR) in Hong Kong for three Station Energy Saving Inverter (S-EIV) systems, which enable surplus regenerative energy that […] Read more
RE Could Meet 1/3rd of Demand in Central and Southern Europe: Report Updated On Mon, Oct 5th, 2020 by Saurenergy A new report has revealed that by 2030, Central and South Eastern Europe could cover 1/3 rd of their rising energy demand with renewable energy (RE) The report “The Renewable Energy Roadmap for the Central and South Eastern Europe Energy Connectivity initiative (CESEC)” by the International Renewable Energy Agency (IRENA) shows that accelerating the take-up […] Read more
RFP for ‘One Sun, One World, One Grid’ Gets new Deadline Updated On Mon, Oct 5th, 2020 by Saurenergy ISA has issued a corrigendum extending the deadline for its RfP for developing the implementation plan and framework for the ‘One Sun One World One Grid’ initiative The International Solar Alliance (ISA) has issued a corrigendum extending the deadline for its Request for Proposal (RfP) for developing a Long Term Vision, Implementation Plan, Road Map, […] Read more
CDF and IRENA Partner to Support Energy Transition in the Caribbean Updated On Mon, Oct 5th, 2020 by Saurenergy IRENA has signed an MoU with CDF to support a transition to a low carbon economic development model in the Caribbean Small Island Developing States (SIDS). The International Renewable Energy Agency (IRENA) has signed a Memorandum of Understanding with the CARICOM Development Fund (CDF) to support a transition from fossil-fuel dependency to a more resilient […] Read more
Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more
