COVID Impact: Siemens Gamesa Incurs Loss; Challenges in India Business Updated On Fri, May 8th, 2020 by Saurenergy Siemens Gamesa has said its performance in the second quarter of FY 2020 reflected the impact of COVID-19 pandemic on its operations and commercial activity Siemens Gamesa Renewable Energy has reported that its performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial […] Read more
Wind Power Will be a key Building Block for Economic Recovery: Industry Updated On Fri, May 8th, 2020 by Saurenergy Corporates and wind associations have released a statement highlighting wind power’s role in the global economic recovery following the COVID-19 crisis The Global Wind Energy Council (GWEC) along with key signatories representing all the major wind industry corporates and associations across the world have released a statement highlighting wind power’s role in the global economic […] Read more
Ideanomics’ MEG Finalises EV and Energy Business Units Updated On Thu, May 7th, 2020 by Saurenergy Ideanomics, Mobile Energy Global (MEG) division has announced that it has finalised its EV and Energy business units under the S2F2C model. Ideanomics, Mobile Energy Global (MEG) division has announced that it has finalised its EV and Energy business units under the S2F2C (Sales-to-Financing-to-Charging) model. Each business unit has been developed to focus on a […] Read more
Mizoram Looking to Sell its Surplus Non-Solar Renewable Power on Short-Term Basis Updated On Thu, May 7th, 2020 by Saurenergy The Power & Electricity Department of Mizoram is looking to sell its surplus renewable power (non-solar) for the period July 22, 2020, to December 31, 2020. The Power & Electricity Department of Mizoram (PEDM) has issued a Notice Inviting Tenders (NIT) for the sale of its surplus renewable power (non-solar) for the period from July […] Read more
MNRE Extends EoI Submission Date for Evaluating Components of PM KUSUM Scheme till May 20 Updated On Wed, May 6th, 2020 by Saurenergy Amidst the series of extensions of deadlines for various schemes, the Ministry of New and Renewable Energy (MNRE) has now extended the time for submission of Expression of Interest (EOI) for evaluation of Component-A and Component-C of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme till May 20, 2020. The Ministry […] Read more
Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] Read more
ReneSola, ProSun Solar Ink 150 MW Distribution Pact in Australia Updated On Wed, May 6th, 2020 by Saurenergy ReneSola, a leading solar module manufacturer, and Prosun Solar, a leading distributor of solar power equipment in Australia, have entered into a 150 MW distribution agreement in Australia. Commenting on the deal, Sky Wang, CEO of ReneSola Yixing Co. Ltd, a company in Jiangsu Province, said that “Australian solar market is actually growing impressively. We […] Read more
SunPower Secures $1 Billion in Solar Plus Storage Financing Updated On Wed, May 6th, 2020 by Saurenergy SunPower has announced that a new USD 1 billion partnership with Tech CU will increase financing options for qualified US residential solar customers. SunPower Corp has announced that a new USD 1 billion partnership with Technology Credit Union (Tech CU) will increase financing options for qualified US residential solar customers. The new partnership will give SunPower access […] Read more
Renewables Topped Coal in US Generation Every day in April: IEEFA Updated On Tue, May 5th, 2020 by Saurenergy New data from the US EIA shows that for the very first time in its history, renewables generated more electricity than coal every day in the month of April. New data from the US Energy Information Administration (EIA) shows that for the very first time in its history, renewables generated more electricity than coal every […] Read more
