63 GW new Wind Capacity Added in 2019; Vestas top Supplier: GWEC Updated On Thu, May 28th, 2020 by Saurenergy According to a new report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity. The Global Wind Energy Council (GWEC) has published the second edition of its annual ‘Supply-Side Analysis 2019’ report on its market intelligence platform. According to the report, 22,893 wind turbines […] Read more
EV Batteries as Storage batteries for Grid Power. Possible, Says MIT Study Updated On Thu, May 28th, 2020 by Saurenergy If there is one area where the renewable energy industry steals a march over fossil fuel based sectors, it has to be the area of recycling. Unlike thermal and oil/gas based energy generators, renewable technologies have come up in the glare of huge public expectations and appraisal, and having to prove themselves better at every […] Read more
Third Straight day of Hike, Power Demand in Delhi Surges to 5464 MW Updated On Thu, May 28th, 2020 by Saurenergy Peak power demand in the Delhi surged to 5,464 MW on Tuesday (May 26, 2020) night, the highest in the season so far, power Discom BSES has said. With the ongoing heatwave and the temperature soaring every passing day, peak power demand in the Delhi surged to 5,464 MW on Tuesday (May 26, 2020) night, […] Read more
IndiGrid Reports 92% Jump YoY in Revenue for Fourth Quarter Updated On Thu, May 28th, 2020 by Saurenergy IndiGrid has reported consolidated revenue of Rs 328.4 crore for the quarter ended March 31, 2020, up 92 percent YoY from Rs 170.5 crore in Q4 2019. IndiGrid, India’s first power sector Infrastructure Investment trust (InvIT), has announced its results for the financial year ended March 31, 2020. The firm has reported consolidated revenue of […] Read more
GE to Sell its 130-Yr-Old Lighting Biz to Savant Systems Updated On Wed, May 27th, 2020 by Saurenergy American multinational conglomerate General Electric (GE) on Wednesday said that it has signed a definitive agreement to sell its 130-year-old Lighting business, GE Lighting, to Savant Systems, a leading player in the smart home space. However, the financial details of the transaction were not disclosed by the company. For many years the company was looking […] Read more
NTPC Eyes Majority Stake in ADAG’s BRPL, BYPL to Foray into Distribution Biz Updated On Wed, May 27th, 2020 by Saurenergy Country’s largest power generation utility NTPC is planning to foray into electricity distribution business as it has evinced interest to acquire majority stake of 51 per cent in Anil Dhirubhai Ambani Group’s (ADAG) two utilities. The ADAG has two Discoms in Delhi namely BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL), which supplies electricity to approx 4.4 million customers. […] Read more
MNRE Invites Proposals to Develop Institutional Framework for ‘One Sun One World One Grid’ Implementation Updated On Wed, May 27th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from eligible consulting firms for developing a long-term vision, implementation plan, road map and institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG). This is in line with the Prime Minister Narendra Modi’s call for connecting solar energy supply across borders by […] Read more
R.K. Singh: The 5 Point Checklist for 2020 Updated On Wed, May 27th, 2020 by Saurenergy Union Power Minister R.K. Singh will complete 3 years of his association with the Power Ministry on September 3 this year. 2020 could be the year that defines his tenure. Ever since his appointment as the Minister of Power (Independent Charge) in Prime Minister Narendra Modi’s cabinet, he has found himself in the idle of […] Read more
Ola Electric Acquires Amsterdam-Based Etergo; Aims to Launch e-Scooter in 2021 Updated On Wed, May 27th, 2020 by Saurenergy Indian ride-hailing firm Ola’s e-mobility arm, Ola Electric, on Wednesday said that it has acquired Amsterdam-based Etergo BV, an innovative electric scooter original equipment manufacturer (OEM). However, the company didn’t disclose the amount of acquisition. With this acquisition, the company has also announced its foray into the premium electric two-wheeler market, both globally and nationally. […] Read more
