Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
70% US Energy Sector Workers not Ready to Return to Office: Study Updated On Tue, May 19th, 2020 by Saurenergy More than 70% of workers in the US energy sector still prefer working from home to returning to their offices now that lockdown sanctions are being eased As States across the US reopen after weeks-long coronavirus lockdown, more than 70 percent of the workers in the US energy sector still prefer working from home to […] Read more
Solar Companies Resume Manufacturing Cautiously after Govt Eases Lockdown Norms Updated On Mon, May 18th, 2020 by Saurenergy With India slowly opening up its economic activities again after total shutdown for many days amidst coronavirus lockdown, various companies across the clean energy space, whether top brands or startups are also resuming operations by reopening their factories and offices. Despite lockdown continued, the government has provided permission to various companies across sectors to reopen […] Read more
Grid (In) Stability in Focus At Accenture’s Digitally Able Grid Survey Updated On Mon, May 18th, 2020 by Saurenergy More than nine in 10 executives (95%) believe that climate change due to greenhouse gas emissions has been a contributing factor to increased extreme weather events that their electricity networks have experienced over the past 10 years, according to new research from Accenture. In addition, 90% believe an expected rise in severe weather poses an […] Read more
Sterling And Wilson Solar Adds Rs 3015 crore Australian order to Kitty Updated On Mon, May 18th, 2020 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), today announced that it has signed (along with its branch and Australian subsidiary) an EPC contract of approx. AUD 525 million (~ INR 2,600 crore) as well as the Operation and Maintenance (O&M) contract of approx. AUD 85 million (~ INR 415 […] Read more
The Power Minister and Power Honchos In Virtual Open House. Report Updated On Fri, May 15th, 2020 by Saurenergy At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […] Read more
World’s 1st Offshore Farm to use 9.5 MW Turbines Comes Online Updated On Fri, May 15th, 2020 by Saurenergy The 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid with green energy from all of its 23 fully wind turbines producing 9.5 MW each. In just under ten months from the start of the offshore works, the 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid […] Read more
2020-When Energy Storage Got Serious in India Updated On Fri, May 15th, 2020 by Saurenergy The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale, is no longer a possibility that […] Read more
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA Updated On Thu, May 14th, 2020 by Saurenergy Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […] Read more
