China & India to Lead Revival of Electricity Demand in 2021: IEA Updated On Wed, Dec 16th, 2020 by Saurenergy After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
STMicroelectronics Extends VIPerPlus Power Family with Highly Integrated Offline Converter Updated On Tue, Dec 15th, 2020 by Saurenergy The latest addition to the VIPerPlus series, the VIPer31 compact high-voltage converter IC from STMicroelectronics enables robust power-converter solutions that deliver excellent reliability and meet energy-saving eco-design norms, while saving bill-of-materials (BoM) costs. VIPer31 is optimized for commonly used offline AC/DC converter topologies, including isolated and non-isolated flyback, buck, and buck-boost converters. The compact, highly integrated IC requires minimal […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
Arctech Solar Trackers Lead Among Those Used At 3.2GW Solar Park in China Updated On Mon, Dec 14th, 2020 by Saurenergy Arctech Solar has delivered its advanced 1P tracker SkyLine to a 3.2GW solar park, declared on 11th December 2020. The park, now the world’s largest solar plant located in Qinghai, China was connected to the grid last month. Arctech has been a focused player in the solar tracker space, which has expanded its offerings to […] Read more
MNRE Seeks Comments on Draft Tender for Component-B of KUSUM Scheme Updated On Fri, Dec 11th, 2020 by Saurenergy MNRE has requested comments on the draft tender prepared by EESL for the installation of standalone solar pumps under component-B of KUSUM. The Ministry of New and Renewable Energy (MNRE) is implementing the PM-Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM) scheme under which standalone solar pumps are being installed with government financial support. During FY […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
Powering the Shift for 2W Segment Towards Electric Mobility Updated On Tue, Dec 8th, 2020 by Saurenergy The future of the electric 2W market is growing rapidly and the major drivers for this market are those with focus on the reduction of emissions. The future of the electric two-wheeler (2W) market is growing rapidly and the major drivers for this market are the increasingly health-conscious consumers, high traffic congestions, environmental concerns and […] Read more
Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project Updated On Mon, Dec 7th, 2020 by Saurenergy Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […] Read more