REInvest 2020- Decoupling From Solar, Higher Peaking Tariffs Key For Wind Energy Updated On Tue, Dec 1st, 2020 by Saurenergy At 38.26 GW of installed capacity till October 3, 2020, India is the fourth largest market for wind energy in the world. Yet, the industry has been overtaken by a sense of pessimism in the past couple of years, as fresh additions have slowed down, and multiple other issues have cropped up. Discussing this, and […] Read more
Despite MERC Relief in Wind Energy Case, Project Execution A Challenge for Hero Wind Updated On Mon, Sep 21st, 2020 by Saurenergy In a case it brought against MSEDCL (Maharashtra State Electricity Distribution Company Limited) at the state power regulator MERC, Hero Wind Energy, through its subsidiary (Clean Wind Power (Bhavnagar) Private Limited) handling the project in question managed to get some relief. But that hardly indicates an end to the problems facing the project. The issue […] Read more
Proposal for 41.5 GW Hybrid Renewable Park in Kutch Approved Updated On Thu, Sep 10th, 2020 by Saurenergy The Gujarat cabinet has cleared the proposal for the 41.5 GW renewable park in Kutch district by approving the allotment of 60,000 hectares of land for the mega project. The Gujarat cabinet on September 9, 2020, has cleared the long-pending proposal of the 41,500 MW or 41.5 GW renewable energy (solar and wind) park in […] Read more
Stakeholders Discuss Opportunities and Advantages Rajasthan has in RE Sector Updated On Thu, Sep 3rd, 2020 by Saurenergy At a recent webinar hosted by FICCI, stakeholders discussed the advantages and opportunities that the state of Rajasthan has in the RE sector. Rajasthan is home to most of the conventional and non-conventional sources of energy generation. At a recent webinar on ‘Domestic Manufacturing in the Energy Sector’ hosted by the Federation of Indian Chambers of […] Read more
PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more
Siemens Gamesa Impacted by COVID, Reports Net Loss of €466 mn in Q3 Updated On Tue, Aug 4th, 2020 by Saurenergy Siemens Gamesa performance in Q3 of FY 2020 reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business Siemens Gamesa performance in the third quarter (Q3) of FY 2020 (April-June) reflected the impact of COVID-19 on its operations as well as challenges in the Onshore business, due to the slowdown […] Read more
APAC now the World’s Largest Wind Turbine Manufacturing Hub: GWEC Updated On Thu, Jul 9th, 2020 by Saurenergy A new analysis has revealed that the Asia Pacific (APAC) has now become the world’s largest wind turbine manufacturing hub after a decade of development. A new analysis has revealed that Asia Pacific (APAC) remained a strong manufacturing hub for wind turbine OEMs with record-high supply-side deliveries. It adds that although most Asian suppliers have […] Read more
Swelect Energy Systems Posts Rs 14.87 Crore Loss For March Quarter Updated On Thu, Jul 9th, 2020 by Saurenergy Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore. Indian solar module manufacturer Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore in […] Read more
Leading Wind Turbine Suppliers in India in 2019 Updated On Tue, Jun 30th, 2020 by Saurenergy Here in this article, we list the top wind turbine suppliers in India for the year 2019, which saw a total of 2.4 GW in installations. India is the world’s fourth-largest onshore wind market by installations, with 37.5 GW of capacity as of 2019, and has the potential for more than 695 GW at 120 […] Read more