IEX Reports 6.6 Percent Decline in Power Trade in April 2020 Updated On Wed, May 6th, 2020 by Saurenergy IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […] Read more
ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
Ashish Khanna, MD & CEO, Tata Power Solar on Workforce Development Updated On Tue, May 5th, 2020 by Saurenergy A skilled workforce is a crucial element that contributes to a vibrant industry, something that is true for the renewable energy industry in the country too. Lack of skilled manpower has been identified as one of the most prominent challenges for the sector. So workforce development is an essential and ongoing process for any organization […] Read more
Covid Side Effects- Diesel in Delhi Pricier Than Mumbai For First Time Ever Updated On Tue, May 5th, 2020 by Saurenergy The Coronavirus has achieved something almost nothing could in the past few decades. Brought the price of diesel in Delhi above the ruling price in Mumbai. After a steep increase in VAT 9 (Value Added Tax) by the state government in Delhi today, both petrol and diesel prices in the city state are up by […] Read more
Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more
Australian Govt Launches A$300 Mn Fund to Finance Hydrogen Projects Updated On Mon, May 4th, 2020 by Saurenergy The Liberal National Government has established the A$300 mn fund to finance projects focused on growing the hydrogen industry in Australia. The Liberal National Government is backing Australia to become a world leader in hydrogen production and exports by establishing the Advancing Hydrogen Fund. The new AUD 300 million fund created by the Government will finance projects […] Read more
Solar Should Escape Any Collataral Damage From Michael Moore’s Latest Updated On Mon, May 4th, 2020 by Saurenergy Over a week after the release of his documentary, Planet of the Humans, that has been streaming on Youtube, the response to the documentary has been mixed. The documentary takes a long (one hour and 40 minutes) hard look at the flag bearers of the environmental movement, with a special focus on the solar, biomass […] Read more
ENIE Offering to buy Rooftop PV Systems From Dutch Households During Pandemic Updated On Mon, May 4th, 2020 by Saurenergy In the wake of COVID-19, Dutch solar product distributor ENIE is looking to purchase existing solar rooftop systems from customers in need of money. In the wake of the COVID-19 pandemic, Dutch solar PV product distributor ENIE is implementing its ZonneRuilen Program to purchase existing solar rooftop installations. As per the program, the firm is […] Read more
Peak Power Demand Still Down in May, Struggling at 134.7 GW Updated On Mon, May 4th, 2020 by Saurenergy The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May despite the easing of the nationwide lockdown The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May. The low has been […] Read more
