Startup Feature – Magenta Power Updated On Wed, Jan 22nd, 2020 by Saurenergy Total employees: 29 Key operational areas (Products, Regions, Clients) It’s key operational area is Mumbai specifically. However, it has marked presence in the major cities in India such as Mumbai, Pune, Bangalore, Baruch, Nashik, Hyderabad and Chandigarh. Under its aggressive expansion plan, the company is aiming to reach pan India in the New Year 2020. […] Read more
Bank of America Meets 100% Renewable Electricity Goal a Yr Ahead Updated On Tue, Jan 21st, 2020 by Saurenergy American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying […] Read more
Wärtsilä Inks O&M Pact for 132 MW Bahamian Power Plant Updated On Tue, Jan 21st, 2020 by Saurenergy Wärtsilä entered into a 2-year operation and maintenance (O&M) agreement with the Bahamas Power and Light Company Ltd (BPL), an electricity supplier company in the Bahamas. The agreement was signed for a 132 MW power plant in The Commonwealth of Bahamas, which was supplied and built by Wärtsilä itself. Recently in the month of December […] Read more
Sterlite Power Unveils Innovative Soln to Trim Losses in RE Segment Updated On Tue, Jan 21st, 2020 by Saurenergy With an aim to significantly reduce losses in the renewable energy (RE) space, Sterlite Power has developed an innovative solution called ‘low loss conductor’. This new product is a combination of Aluminium conductor, and can reduce losses by up to 40 percent as compared to other conventional conductors. This new innovative conductor is highly corrosion […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
CERC Order Against Avaada Energy in 100MW Project Leaves Key Issues hanging Updated On Mon, Jan 20th, 2020 by Saurenergy Last Week, in an order dated January 13th , 2019 the Central Electricity Regulatory Commission (CERC) ruled against Avaada Energy in a petition it had brought against SECI (Solar Energy Corporation of India). The order, while dismissing a plea by Avaada to stay the cancellation of a PSA (Power Sales Agreement) it had with SECI […] Read more
Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020 Updated On Sat, Jan 18th, 2020 by Saurenergy Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax […] Read more
Green Energy Surged in Britain Over Last 3 Years: Report Updated On Sat, Jan 18th, 2020 by Saurenergy Green energy has surged in Britain over the last three years, according to survey data which also highlighted accelerating investment in wind power. Green energy has surged in Britain over the last three years, according to survey data published which also highlighted accelerating investment in wind power. Turnover in Britain’s low carbon and renewable energy sector expanded […] Read more
Dominion Energy Moves Ahead With Electric School Bus Program Updated On Fri, Jan 17th, 2020 by Saurenergy Dominion Energy is moving forward with its electric school bus program with 50 electric school buses being introduced to 16 localities in Virginia Electric school buses will soon be on the roads in Virginia safely carrying children and reducing emissions as Dominion Energy moves forward with the nation’s largest electric school bus deployment. Phase one will bring 50 […] Read more