RE Plus Storage is Cost Competitive With new Coal Plants in Tamil Nadu: Report Updated On Thu, Jan 28th, 2021 by Saurenergy A new economic viability analysis reveals that RE along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. A new economic viability analysis reveals that renewable energy (RE) along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelised cost of energy (LCOE) […] Read more
Electric Buses Start Off In Andaman, Supporting Emissions Clean Up Updated On Wed, Jan 27th, 2021 by Saurenergy The Lieutenant Governor of Andaman and Nicobar Islands flagged-off a fleet of 14 electric buses on Republic Day. The project for 40 electric buses is being executed by National Thermal Power Corporation Limited (NTPC) Vidyut Vyapar Nigam Limited (NVVN Limited), a 100 percent subsidiary of NTPC Limited, a PSU under Ministry of Power, Government of […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Saving Your Rooftop PV Plant From a Lighting Strike Updated On Sat, Jan 9th, 2021 by Saurenergy Background Residential PV systems are generally installed on the rooftop of residential buildings, with a large metal surface area, higher distance from the ground and exposed location. That makes these PV systems a possible target for lightning during thunderstorms. Thus, having good lightning protection and grounding becomes key to avoid any incidents that could cause […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia Updated On Tue, Jan 5th, 2021 by Saurenergy Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […] Read more
Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra Updated On Thu, Dec 31st, 2020 by Saurenergy India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […] Read more
Gujarat’s Borosil Renewables Raises Rs 200 Crore via QIP Updated On Fri, Dec 18th, 2020 by Saurenergy Borosil Renewables has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP) India’s first and only solar glass manufacturer Borosil Renewables Ltd (BLR) has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP). As per the company’s statement, BRL has successfully completed fundraising of Rs […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more