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
Vidarbha Farmers in Maharashtra to Get 3900 Solar Pumps Updated On Fri, May 31st, 2019 by Saurenergy MSEDCL has launched a drive to provide solar farm pumps to Vidarbha’s farmers under the Mukhyamantri Saur Krishi Pump Yojana (MSKY). According to Maharashtra State Electric Distribution Company Limited (MSEDCL) official, over 3,900 farmers will get the pumps soon. Around 50 of them have already been provided these pumps after the code restriction was lifted. […] Read more
Lendlease and Sacramento County Finalise PPA For 160 MW Solar Facility Updated On Fri, May 31st, 2019 by Saurenergy Rancho Seco Solar II is scheduled to begin construction later in 2019 and is scheduled for completion by the end of 2020. Lendlease, a leading international property and infrastructure group and the Sacramento County Municipal Utility District (SMUD) have jointly announced the execution of a 30-year power purchase agreement (PPA) for Rancho Seco Solar II, their new […] Read more
Facebook Partners with Longroad Energy For 379 MW Texas Solar Project Updated On Fri, May 31st, 2019 by Saurenergy Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project. Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […] Read more
ISA’s big Solar Pump Move Finally Rolls Off Updated On Thu, May 30th, 2019 by Saurenergy With EESL issuing a tender for 272579 Solar Water Pumps on behalf of the ISA and its member countries, the biggest project so far with the ISA is finally underway. One of the biggest initiatives the International Solar Alliance (ISA), Prime Minister Narendra Modi’s biggest international achievement, were plans to drive down prices of solar […] Read more
India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more
EESL Issues Tender For Solar Projects Worth 100 MW in 3 States Updated On Wed, May 29th, 2019 by Saurenergy The last date for bid submission is July 8, 2019 Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for developing solar power systems worth a total of 100 MW at various locations in three states. The scope of […] 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
Adani Solar Aiming For 50% Market Share by 2021 Updated On Mon, May 27th, 2019 by Saurenergy Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […] Read more
