Siemens Gamesa Secures Turbine Orders Worth 180 MW in Chile Updated On Tue, Jul 28th, 2020 by Saurenergy Siemens Gamesa has received two orders in South America for the supply and installation of wind turbines at two sites of a wind energy cluster in Chile. Siemens Gamesa Renewable Energy has announced that it has received two orders in South America for the supply and installation of wind turbines at two sites of a […] Read more
Utah-Based Power Innovations sets new Hydrogen Fuel Cells Record Updated On Mon, Jul 27th, 2020 by Saurenergy Utah-based Power Innovations has successfully completed a landmark 48-hour test with Hydrogen Fuel Cells, doubling the previous record of 24 hours Utah-based energy solutions provider Power Innovations has announced that it has successfully completed a landmark 48-hour test with Hydrogen Fuel Cells. In the test, which set a new Hydrogen Fuel Cell (HFC) record, the firm powered a full […] Read more
Renewables Trump Fossil Fuels in Europe for H1 2020: Report Updated On Thu, Jul 23rd, 2020 by Saurenergy In H1 2020, renewable energy sources generated 40 percent of the EU-27 (European Union) electricity as they trumped fossil fuels for the very first time In the first half (H1) of 2020, renewable energy sources – wind, solar and bioenergy – generated 40 percent of the EU-27 (European Unions) electricity as they trumped fossil fuels (34 percent) for the […] Read more
Electricity Demand to take Lasting 7-17% hit due to COVID-19: TERI Updated On Wed, Jul 22nd, 2020 by Saurenergy A new report released by TERI suggests the demand for electricity in India is expected to be 7 – 17 percent lower by 2025 due to the COVID-19 economic shock A new report released by The Energy Resource Institute (TERI) gives a picture of how electricity demand would be affected by the economic effects of […] Read more
Suzlon Posts Net Loss of Rs 834.22 Crore in March Quarter Updated On Tue, Jul 7th, 2020 by Saurenergy Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. Wind turbine major Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. The consolidated net loss […] Read more
Average Power Price in RTM Lowers to Rs 2.22 per Unit in June Updated On Thu, Jul 2nd, 2020 by Saurenergy The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […] Read more
Discoms’ Dues to Gencos Expands to Rs 1.23 Lakh Crore Updated On Mon, Jun 29th, 2020 by Saurenergy Gencos total outstanding dues owed by Discoms rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year. Power generators (Gencos) total outstanding dues owed by distribution companies (Discoms) rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector. […] Read more
RPO Fines Will Lead to Exponentially High Demand: RK Singh Updated On Mon, Jun 29th, 2020 by Saurenergy The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […] Read more
Tucson Electric Mulls to Supply 70% Electricity via Renewable to achieve CO2 Reduction Targets Updated On Sat, Jun 27th, 2020 by Saurenergy In a significant development, Arizona-based electric utility company, Tucson Electric Power (TEP), is mulling to supply over 70 per cent of its electricity from wind and solar energy resources. The move is seemed to be as part of its clean energy plan in which it is targeted to trim 80 per cent of its carbon […] Read more
