Finance Ministry Permits AP to Borrow Additional Rs 1515 Cr for Power Sector Reforms Updated On Fri, Feb 5th, 2021 by Saurenergy The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. As part of the reforms, the state has started the Direct Benefit Transfer (DBT) scheme of electricity subsidy to farmers with effect from September 2020. Thus, it […] Read more
Tata Power Reports Q3 Results, Strong Showing by Renewables Biz Updated On Fri, Feb 5th, 2021 by Saurenergy Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […] Read more
EESL Ties up with Bihar Utilities to Install 2.34 Mn Smart Prepaid Meters in the State Updated On Tue, Feb 2nd, 2021 by Saurenergy EESL has signed agreements with two Bihar utilities for the installation of 2.34 million smart prepaid meters in the state, under its Smart Meter National Programme. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
AES Commissions Alamitos Energy Storage Facility in Long Beach, California Updated On Thu, Jan 28th, 2021 by Saurenergy Fluence Battery Storage System Will Increase the Delivery of Reliable, Sustainable Energy for Southern California Customers The AES Corporation has commenced operations of the Alamitos battery energy storage system (BESS), one of the world’s largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 […] Read more
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
India Signs Strategic Partnership Agreement With the IEA Updated On Thu, Jan 28th, 2021 by Saurenergy The Framework for Strategic Partnership between the IEA members and the Government of India was signed on Jan 27. The Framework for Strategic Partnership between the International Energy Agency (IEA) members and the Government of India was signed on January 27, 2021, to strengthen mutual trust and cooperation, and enhance global energy security, stability and […] Read more
Three Phase Inverter Launch Power up FIMER’s Range Updated On Wed, Jan 27th, 2021 by Saurenergy With renewable energy, led by solar power, potentially making up 80 percent of the growth in electricity generation over the next decade, FIMER has introduced its new PVS- 10/33-TL three-phase string inverter solutions for commercial and industrial applications. According to the International Energy Agency, it is now consistently cheaper to generate electricity by capturing the […] Read more
With 120 MWh Storage Win, Israel’s Augwind Challenges Lithium-ion Storage Updated On Wed, Jan 27th, 2021 by Saurenergy Yakum, Israel-based Augwind has been claiming that its Air Battery energy storage system will be superior to Lithium battery storage. The firm got a big boost earlier this month when Israel’s Electric Authority awarded a big tender for 609 megawatts of solar and 2.4 gigawatt-hours of energy storage, of which at least 120 megawatt-hours of […] Read more
