Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA Updated On Fri, May 1st, 2020 by Saurenergy The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […] Read more
CERC Issues Draft Regulations for Determination of RE Tariff Updated On Fri, May 1st, 2020 by Saurenergy CERC has released the draft of its 2020 regulations for tariff determination from renewable energy (RE) sources, with comments invited until May 28, 2020. The Central Electricity Regulatory Commission (CERC) has released the draft of its 2020 regulations for the “Terms and Conditions for Tariff determination from Renewable Energy Sources.” The national power sector regulator has […] Read more
SINN Power Builds World’s 1st Floating Ocean Hybrid Platform Updated On Thu, Apr 30th, 2020 by Saurenergy With an aim to further expand footprints, Germany based SINN Power has invited solar panel manufacturers to demonstrate and test their photovoltaic (PV) modules on a floating platform in Iraklio, Greece. The company’s motive behind the move is to internationalise its ocean hybrid platform as a complete off-grid energy solution to provide renewable energy to […] Read more
RITES Tenders for 1 GW Solar PV Projects on Indian Railways Land Updated On Thu, Apr 30th, 2020 by Saurenergy RITES Limited has issued a tender for setting up of 1 GW of land-based solar photovoltaic (PV) power projects on land owned by the Indian Railways. RITES Limited, an engineering consultancy company which works under the aegis of the India Railways, has issued a tender for setting up of 1 GW of land-based solar photovoltaic […] Read more
ADB Grants $346 Mn Loan for Rural Electricity in Maharashtra Updated On Thu, Apr 30th, 2020 by Saurenergy ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. […] Read more
EV Charging Startup Gets Backing of Siemens, Soros Fund Management Updated On Wed, Apr 29th, 2020 by Saurenergy Electric Vehicle (EV) charging startup Amply Power has secured USD 13.2 million in Series A funding from investors including Siemens Financial Services and Soros Fund Management to advance its services for commercial fleets. The company, founded by serial entrepreneur Vic Shao, helps commercial fleet operators to go electric by providing EV charging infrastructure with fixed […] Read more
Covid-19 Breeds Challenges for Renewables in US, China: Platts Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the coronavirus pandemic, China’s electricity demand is likely to normalise by Q3, while there is more uncertainty in the US market as there is still lockdown in most of the states, according to S&P Global Platts Analytics. At the recently held Platts Analytics webinar, the firm highlighted that while there is enough evidence of […] Read more
AFRY Wins 1.2 GW Pumped Storage Project from Greenko Updated On Wed, Apr 29th, 2020 by Saurenergy AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […] Read more
Residential Solar. Market Yes, But Marketing? Updated On Wed, Apr 29th, 2020 by Saurenergy Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […] Read more
