Average Spot Power Price Falls 19% in April to Rs 3.22/Unit Updated On Fri, May 3rd, 2019 by Saurenergy The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 percent decline over 3.98 per unit in April 2018. Average spot power price at the Indian Energy Exchange (IEX) declined 19 percent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on […] Read more
Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
Italy Signs €30 Mn Agreement With Myanmar to Fund Electrification Programme Updated On Fri, May 3rd, 2019 by Saurenergy As a part of the agreement signed between the two countries, Italy has approved Euro 30 million soft loan agreement. Italy has extended its help for the World Bank-funded national electrification programme in Myanmar that is expected to bring half a million people in the country energy access. As a part of the agreement signed between […] Read more
Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid Updated On Wed, May 1st, 2019 by Saurenergy Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […] Read more
The New Generation of Backsheets Made by Bischof + Klein Updated On Mon, Apr 29th, 2019 by Saurenergy History of Bischof + Klein In 1922, the company entered the packaging industry with the production of paper sacks for the neighbouring lime and cement works. Small paper packaging items and newspaper printing extended the product range. 1950 saw an increase in the production of consumer packaging. At the beginning of the 60s, B+K was […] Read more
Interview with Eric Zhang, Sales Director Asia, Ginlong (Solis) Technologies Co. Ltd Updated On Fri, Apr 26th, 2019 by Saurenergy We see EV segment linked with the solar co-generation as better project realization factor. Our grid tied and hybrid storage inverters has potential to make the EV charging stations financially and operationally more viable. Solar can bridge the gap of 7% extra requirement of electricity with induction of EV ecosystem, believes Eric Zhang, Sales Director […] Read more
ASSOCHAM, REPA to Jointly Promote Renewable Energy Updated On Thu, Apr 25th, 2019 by Saurenergy The leading apex industry body said that, “These are some of the win wins, the newly signed MoU would seek to achieve for both the organisations.” Industry body, the Associated Chambers of Commerce & Industry of India (ASSOCHAM) and the Renewable Energy Promotion Association (REPA), a professional (public-private) not-for-profit body, has entered into an agreement […] Read more
Interview with Sanjeev Sinha, President – IT & Digital Transformation, India Power Corporation Ltd Updated On Thu, Apr 25th, 2019 by Saurenergy For the Discom, smart grid can give out right information at the right time so that it can react and manage the grid accordingly. It would give a better control on the grid to manage load and even know beforehand on the impending load based on past data. This will allow Discom to draw appropriate […] Read more
Hanergy’s Solar Cells to Power NASA Satellites Updated On Wed, Apr 24th, 2019 by Saurenergy One of the leading thin-film power solutions company, Hanergy Thin Film Power Group, has announced that its US-based subsidiary Alta Devices’ gallium arsenide solar cells are powering 60 small satellites, called ThinSats on a recent launch from NASA Wallops Flight Facility. Powered by Alta Devices’ most efficient gallium arsenide solar cells, these small satellites will […] Read more
