WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
Amplus Offers Helping Hand to Local Community amid Lockdown Updated On Tue, Apr 14th, 2020 by Saurenergy Amidst lockdown across the country to contain the spread of coronavirus, Gurugram-headquartered Amplus Solar is supporting the local community of Gurudev Nagar village in Mirzapur district, which is in the vicinity of UP’s first open-access solar park of 75 MWp owned by it. The company, which is a 100 percent subsidiary of Petronas Holdings, Malaysia, […] Read more
ST Brings VBUS-Powered Controller for 5V USB-C Charging Applications Updated On Tue, Apr 14th, 2020 by Saurenergy French-Italian multinational electronics and semiconductor manufacturer STMicroelectronics (ST) has introduced new member ‘STUSB4500L’ to it’s USB-C controller IC family designed and certified for pure 5V sink-only applications. The company said that in this newly introduced device all the mandatory features are integrated to use the USB-C connector as a 5V universal power plug, allowing designers to […] Read more
Brazil Faces Indefinite RE Auctions Delay of Over 51GW Due to Coronavirus Updated On Mon, Apr 13th, 2020 by Saurenergy Amid the outbreak of Covid-19, the Brazilian government has postponed the national energy generation and transmission auctions of clean energy comprising more than 51 GW which were scheduled for May this year, for an indefinite time frame, said the report. This includes auctions both A-4 and A-6, as well as tenders for the transmission lines, […] Read more
We Received Force Majeure Notices from Various Discoms, Despite Govt Directive: Azure Power Updated On Mon, Apr 13th, 2020 by Saurenergy Despite government directive to power distribution companies (Discoms) to pay dues on time, the country’s one of the leading independent solar power producer (IPP), Azure Power said that it has received Force Majeure notices from various Discoms citing an inability to perform their obligations as per the PPA due to Covid-19. There has been a […] Read more
Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio Updated On Mon, Apr 13th, 2020 by Saurenergy Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […] Read more
Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects Updated On Mon, Apr 13th, 2020 by Saurenergy The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […] Read more
Wind Turbine Maker Vestas Feels the ‘COVID-19’ Heat; Suspends 2020 Guidance Updated On Wed, Apr 8th, 2020 by Saurenergy Danish wind turbine manufacturer Vestas is now feeling the heat of coronavirus pandemic and has suspended its guidance for the year 2020 amid disruptions faced in continuing its normal business operations. The company, recently, revealed that the spread of the virus globally and the national measures implemented to contain it have eventually, however, caused disruptions […] Read more
Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus Updated On Wed, Apr 8th, 2020 by Saurenergy ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […] Read more
