GoodWe, GE Ink Global Licensing Deal Updated On Fri, Apr 3rd, 2020 by Saurenergy GoodWe Power Supply Technology Co Ltd (Goodwe), a prominent inverter and storage firm, based in Suzhou, China, has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. For the technology focused Goodwe, the pact serves as a vindication of the quality and reliability of its product offerings in the space, […] Read more
As Power Demand Slumps, RE Generators Brace For Impact Updated On Thu, Apr 2nd, 2020 by Saurenergy The coronavirus pandemic has created some of the most unprecedented situations ever faced by the energy sector in India. For one, demand has never dropped off as steeply as it has in March. For possibly the first time ever in living memory, a slump in global oil prices has stopped delivering any revenue benefits to […] Read more
BayWa Secures Tax Equity Commitment for its 250 MW Wind Project Updated On Thu, Apr 2nd, 2020 by Saurenergy BayWa r.e. Wind has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 MW Amadeus Wind project in Texas. BayWa r.e. Wind, part of the BayWa Group, has announced that it has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 […] Read more
Electricity Storage Valuation Framework Updated On Wed, Apr 1st, 2020 by Saurenergy Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […] Read more
Storage Stays In Focus With New 1200 MW tender Plan from SECI Updated On Wed, Apr 1st, 2020 by Saurenergy After the success of its previous 1200 MW tender for renewable generation plus guaranteed peak supply, the Solar Energy Corporation of India (SECI) has issued a notice inviting tender (NIT) for a repeat of its previous tender. That was oversubscribed by 420 MW. SECI informs us that details will be uploaded soon on the website […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac Updated On Tue, Mar 31st, 2020 by Saurenergy Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […] Read more
E-Bike Startup Zypp Sets up Battery Swapping Stations in Gurugram Updated On Tue, Mar 31st, 2020 by Saurenergy EV startup Zypp has announced that it has made its foray in battery swapping for EVs. The firm has installed 15 battery swapping stations in Gurugram Electric vehicle (EV) startup Zypp has announced that it has made its foray in battery swapping for EVs. The firm has installed 15 battery swapping stations in Gurugram. As […] Read more
Peak Power Demand Continues Fall, Down 28% Since March 20 Updated On Tue, Mar 31st, 2020 by Saurenergy Peak power demand in the country dipped over 28% to 117.76 GW on Saturday – March 28, as compared to 163.72 GW on March 20 Peak power demand in the country dipped over 28 percent to 117.76 gigawatts (GW) on Saturday – March 28, 2020, as compared to 163.72 GW on March 20, showing the impact of nationwide lockdown […] Read more