Reduction in Power Cost due to Prepayment by Customers: Power Ministry Updated On Wed, Jan 29th, 2020 by Saurenergy The Ministry of Power has asked the state and UT governments to consider reducing the cost of power due to prepayment by the end consumers. The Ministry of Power (MoP) has in its latest notification asked the state and UT (Union Territory) governments to request the state electricity regulatory commissions (SERC) to consider reducing the […] Read more
Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn Updated On Wed, Jan 29th, 2020 by Saurenergy Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more
Railways to run on 100% Electricity by 2024: Piyush Goyal Updated On Mon, Jan 27th, 2020 by Saurenergy Union Minister for Railways and Commerce Piyush Goyal has announced that the entire network of railways in the country will run on electricity by 2024. Union Minister for Railways and Commerce Piyush Goyal has announced that the entire network of railways in the country will run on electricity by 2024. “We are embarking on rapid electrification of the rail network by 2024, we […] Read more
NeoVolta Poised to Lead the Emerging Solar Plus Storage Market Updated On Mon, Jan 27th, 2020 by Saurenergy After closing the decade with record growth, the residential solar plus storage market is set for takeoff and NeoVolta is ready to meet this growth After closing the decade with record growth, the residential solar plus storage market is set for takeoff in the 2020s. Analysts predict that one in five of all solar systems […] Read more
FESCO to Develop Solar plus Storage Project for Maryland’s District 40 Mall Updated On Fri, Jan 24th, 2020 by Saurenergy US based FESCO Energy has inked an exclusive pact with Maryland’s District 40 mall, formally known as Frederick Towne Center Mall located on the Golden Mile, to develop a a microgrid enabled solar-plus-storage project. This sustainable microgrid power generation project will generate electricity of more than 3 MW from solar energy and will be having […] Read more
IRENA Pushes for Bigger NDCs in 2020 Updated On Thu, Jan 23rd, 2020 by Saurenergy In a sensible reminder of how the ground situation has changed to open up new facilities, IRENA’s (International Renewable Energy Agency) call for higher ambition on NDC’s should be heeded. Making a strong case for the new NDC round discussions starting in 2020, IRENA has put forward the case based on a simple fact. That […] Read more
Gautam Adani Commits To Audacious Solar Ambition Updated On Thu, Jan 23rd, 2020 by Saurenergy Weeks after yet another ‘win’ in Australia, where the group has made a significant commitment to develop coal mines despite stiff resistance for its energy requirements in India, Gautam Adani, the founder of the group, chose to make a statement. In what is perhaps a signal for the market on the group’s future priorities in […] Read more
Sterlite Power Inks Exclusive Pact with Smart Wires to Bring New Technology for Grid Mgmt Updated On Wed, Jan 22nd, 2020 by Saurenergy With an aim to bring new innovative technology for the Indian electricity market for resourceful grid management, global power transmission assets developer Sterlite Power has entered into an exclusive agreement with California-based Smart Wires. The deal enables the power transmission assets developer to offer Indian utilities with modular power flow control solutions that make transmission […] Read more