Energy Sector Yet to Realise the Full Potential of Intelligent Automation Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […] Read more
News Flash. No Disruptions in Renewables Ministry, as R.K. Singh Retains Portfolio Updated On Fri, May 31st, 2019 by Saurenergy With the final list of ministers and their allocations finally out, the Indian renewable energy industry would have heaved a sigh of relief to see that no major faces are being changed. Shri R.K. Singh, who was handling the MNRE Ministry and Power Ministry earlier too, comes back as the Minister of State (Independent Charge) […] Read more
CERC Finalises 5th Amendment For Deviation Settlement Mechanism Updated On Fri, May 31st, 2019 by Saurenergy The commission has accepted all the proposals put forward in the draft fifth amendment of the deviation settlement mechanism regulations. The Central Electricity Regulatory Commission (CERC) has finalised the fifth amendment to its deviation settlement mechanism regulations. The CERC (Deviation Settlement Mechanism and related matters) (Fifth Amendment) Regulations, 2019, will come into effect from June […] Read more
NTPC Granted Electricity Trading License by CERC Updated On Fri, May 31st, 2019 by Saurenergy CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […] Read more
WB Announces Energy Partnership to Support Energy Storage in Developing Countries Updated On Wed, May 29th, 2019 by Saurenergy The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […] Read more
EESL Registers 70% Consolidated Revenue Growth in FY19 Updated On Tue, May 28th, 2019 by Saurenergy EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […] Read more
Punjab Commission Hikes Average Tariff by 2.14% Across Categories Updated On Tue, May 28th, 2019 by Saurenergy Punjab has announced an average tariff hike of 2.14 percent across categories for 2019-20. The State Electricity Regulatory Commission of Punjab has announced the hike in average tariff by 2.14 percent across categories for 2019-20. Besides, the state power regulator also raised the fixed charge for the domestic category of consumers by Rs 10 per […] Read more
Andhra Pradesh’s New CM Elect is Sold on Renewables, with Conditions Updated On Tue, May 28th, 2019 by Saurenergy In an Interview to India Today, YS Jaganmohan Reddy, who will be sworn in as the state’s next Chief Minister on May 30, expressed the hope that his regime will be able to use solar in a big way. In a wide ranging interview where he spoke about a host of issues, the incoming CM’s […] Read more
Huawei Launches its Latest 1500V String Inverter in India Updated On Mon, May 27th, 2019 by Saurenergy Huawei, a leader in inverter shipments, has announced the launch of its latest utility scale 1500V smart string inverter, the SUN2000-185KTL-INH0 (“SUN2000-185KTL”) for the Indian solar market. The SUN2000-185KTL comes integrated with an AI algorithm, that makes a good case for the model to be the best choice for 1500V solar system, trackers and bifacial […] Read more