GE Power India Designates Mahesh Palashikar as Chairman Updated On Wed, May 27th, 2020 by Saurenergy GE Power India Ltd (GEPIL), formerly known as Alstom India, has designated Mahesh Shrikrishna Palashikar as its Additional Director and Non-Executive Chairman effective from Wednesday i.e. May 27, 2020. Palashikar succeeded Vishal Keerti Wanchoo due to his retirement on attaining the age of superannuation. The decision of Palashikar’s appointment has been taken by the Board of Directors of the company during […] Read more
Full Value of Small Scale Solar Plus Storage yet to Realised: DNV GL Updated On Wed, May 27th, 2020 by Saurenergy BTM Solar Plus Storage systems can be advantageous to many types of customers, but energy providers have not accessed their full value yet. Behind the Meter (BTM) Solar Plus Storage systems can be advantageous to many types of customers, from individual homeowners to Fortune 500 companies with large portfolios and footprints, but energy providers have […] Read more
PFC to Fund Projects Worth Rs 22,000 Crore in Madhya Pradesh Updated On Wed, May 27th, 2020 by Saurenergy PFC has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. State-owned power sector financing institution, the Power Finance Corporation (PFC) has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. “PFC entered […] Read more
The Project Behind Sterling and Wilson Solars AUD 615 Million Win Updated On Wed, May 27th, 2020 by Saurenergy Last Week, Sterling and Wilson Solar (SWSL) announced its biggest, and second major contract in the Australia market, when it announced am AUD 615 million dollar win for an EPC and O&M contract in the country. While the firm didnot disclose the name of the project, it is becoming increasingly apparent that the project is […] Read more
Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden Updated On Tue, May 26th, 2020 by Saurenergy The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […] Read more
Polyamide Backsheets From Tomark-Worthens Join the Fray for Backsheets Market Updated On Tue, May 26th, 2020 by Saurenergy Backsheets, literally the backbone of your solar modules, have been on their own trail of innovation and improvements, ever since the cell and modules part of the business picked up pace. Importantly, with the relentless pressure on the solar sector to match costs of competitors like thermal and others, every part of the supply chain […] Read more
Belectric Builds Solar System for Netherlands’ 1st Green Hybrid Project Updated On Mon, May 25th, 2020 by Saurenergy German solar power specialist Belectric undergoes construction of a solar power system for Vattenfall’s first complete hybrid power plant called Haringvliet Zuid energy park. This park will consist of a wind farm of 22 MW of capacity, a battery storage system of 12 MW of capacity and a large-scale photovoltaic (PV) system constructed and commissioned […] Read more
Engie in Final Talks with Hawaiian Electric for Solar plus Storage Project Updated On Mon, May 25th, 2020 by Saurenergy French multinational electric utility Engie said that its project has been selected by the US-based Hawaiian Electric as one of the 16 in the final award group for the stage 2 variable renewable dispatchable generation and energy storage projects. Further, the proposed project, a 60 MWAC solar energy + 240 MWh of the battery storage […] Read more