Acciona Posts 13.7% EBITDA for Energy Business Despite 9.5% Drop in Turnover Updated On Mon, Mar 2nd, 2020 by Saurenergy Spanish conglomerate group Acciona has reported its financial figures for the financial year 2019, recording a net profit of EUR 352 million in 2019 (+7.2%) Spanish conglomerate group dedicated to the development and management of infrastructure and renewable energy – Acciona has reported its financial figures for the financial year 2019, recording a net profit […] Read more
The Role of AI and ML in Solar Energy Updated On Sat, Feb 29th, 2020 by Saurenergy Climate change is one of the biggest threats that humanity is currently facing. With these challenges which lie before the government and various energy solution providers, it has become imperative for them to provide a sustainable mode of renewable energy. This has also made renewable energy to be an alternative source of energy compared to […] Read more
RK Singh Dedicates 11 Renewable Energy Management Centres to Nation Updated On Sat, Feb 29th, 2020 by Saurenergy New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres for renewable energy integration. Power and New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres (REMCs) for renewable energy integration. The minister also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a […] Read more
I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni Updated On Thu, Feb 27th, 2020 by Saurenergy An independent global infrastructure investment manager I Squared Capital, through its ISQ Global Infrastructure Fund I, has entered into an agreement to divest its entire stake in Chenya Energy to Japanese firm Marubeni Corporation. Chenya Energy, which is currently building the world’s largest floating solar project, is a dedicated solar development, construction and operating company […] Read more
Andhra Govt Releases Rs 2,984 Cr to Clear Power Dues Updated On Thu, Feb 27th, 2020 by Saurenergy The Andhra Pradesh government has released Rs 2,984 crore to clear pending dues to solar and wind power generators, central and state generating stations The Andhra Pradesh government on February 26, 2020, released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations, and state generating stations. […] Read more
Dominion Energy Gets Approval for First Battery Storage Projects Updated On Wed, Feb 26th, 2020 by Saurenergy Dominion Energy Virginia has received approval from the State Corporation Commission to move forward with four battery storage pilot projects Dominion Energy Virginia has announced that it has received approval from the State Corporation Commission (SCC) of Virginia to move forward with four battery storage pilot projects to pave the way for additional energy storage […] Read more
Can Privatization Help in Solving Discom Distress? Updated On Wed, Feb 26th, 2020 by Saurenergy India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […] Read more
Behind China’s Energy Transition-Huanghe Hydro’s Solar Shift Updated On Wed, Feb 26th, 2020 by Saurenergy As the energy transition picks pace, traditional energy firms worldwide have struggled to adapt. While the fossil fuel global majors have barely done a little better than actually resisting change, some others have been adapting, quietly. Be it India’s thermal giant NTPC with its plan to add 10 GW renewables generation capacity by 2024, or […] Read more
The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
