Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
CEL Extends Deadline for 1.6 MW Rooftop Solar Projects Tender Updated On Mon, Mar 30th, 2020 by Saurenergy CEL has extended the bid submission deadline for its tender for setting up of rooftop solar systems worth 1.6 MW in various government buildings in Tamil Nadu The Central Electronics Limited (CEL) has issued in a notification that it has extended the bid submission deadline for its tender for setting up of grid-connected solar PV […] Read more
From 7 Paise Per KwH To Ownership. On SECI’s Future Plans Updated On Sun, Mar 29th, 2020 by Saurenergy Solar Energy Corporation of India (SECI) CMD, Mr J S Swain, has been quoted in a recent interview to the Economic Times as saying that SECI plans to move to become a developer itself, with a first target of setting up 5000 MW of Solar-Wind hybrid projects in the coming decade. That announcement is a […] Read more
Solar Technology Versus Fossil Fuels. Is Endgame here? Updated On Sat, Mar 28th, 2020 by Saurenergy Over last few decades, scientists are trying to come up with innovative and efficient ways to utilize energy from the sun. From times immemorial, humans across different civilisations have worshipped the sun as a God due to its various life-giving properties, and rightfully so. We have been using sun for its heating and lighting properties […] Read more
Siemens Gamesa to Supply Turbines for 113 MW Project in Vietnam Updated On Fri, Mar 27th, 2020 by Saurenergy Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind farms in Vietnam, with a total capacity of 113 MW. In an effort to tap its potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
Lockdown Sees Power Demand Drop by 20 GW; Spot Power Price Touches 60p Updated On Thu, Mar 26th, 2020 by Saurenergy The nationwide lockdown has wiped away the power demand by as much as 20 GW and forced the spot power price of electricity drop to a three-year low of 60p According to data made by available by the Indian Energy Exchange (IEX) the nationwide 21-day lockdown which has seen all factories and businesses shut down […] Read more
India’s RE Generation Capacity Sees 72% Growth in 6 Years: RK Singh Updated On Wed, Mar 25th, 2020 by Saurenergy The installed capacity of renewable energy generation in the country has grown 72% from 80 GW to 138.9 GW during the past six years, according to RK Singh. The installed capacity of renewable energy generation in the country has grown 72 percent from 80 gigawatts (GW) to 138.9 GW during the past six years, according […] Read more