Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
ADB Grants $750 Mn For Railway Track Electrification in India Updated On Mon, May 27th, 2019 by Saurenergy ADB has signed off on what is its largest single nonsovereign loan ever committed, for the electrification of the Indian railway network. A project expected to help India’s railway sector transition to electric power and away from dependence on fossil fuels. The Asian Development Bank (ADB) has signed an agreement to provide $750 million (Rs […] Read more
Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project Updated On Thu, May 23rd, 2019 by Saurenergy The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […] Read more
Fortum Plans to Foray into more Indian Cities with Higher per Capita Income Updated On Mon, May 20th, 2019 by Saurenergy The plan to venture in India will make India the first country outside Europe in this space, keeping in mind that, India aims to power most of its vehicles with electricity by 2030. We are constantly evaluating the Indian market for charging infrastructure. On our radar are the advanced cities with higher per capita incomes […] Read more
Impact of Smart Charging EVs on the Energy Transition Updated On Fri, May 17th, 2019 by Saurenergy The International Renewable Energy Agency (IRENA) recently issued its review analysis on the potential and impact of smart charging electric vehicles on the energy transition. Today the average car runs on fossil fuels, but growing pressure for climate action, falling battery costs, and concerns about air pollution in cities, has given life to the once […] Read more
JERC Issues Draft RE Tariff Regulation For Goa and UTs Updated On Thu, May 16th, 2019 by Saurenergy All renewable energy power projects will be treated as “must run” and the procurement of power from such projects will not be subjected to ‘merit order dispatch’ principles. The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar. JERC […] Read more
Amsterdam’s Largest EV Charging Network to Run on RE Updated On Mon, May 13th, 2019 by Saurenergy The innovative solution enables faster charging, maximal use of renewable electricity and more efficient use of the electric grid in Amsterdam. Vattenfall and the City of Amsterdam, have together launched Flexpower, the largest public smart charging network for electric vehicles in Amsterdam. Operated by Vattenfall, a total of 456 charging stations with 912 charging points […] Read more
Washington Joins 100% Renewable Energy Clan, More May Follow Updated On Thu, May 9th, 2019 by Saurenergy Washington Gov. Inslee gave a green signal to the law that made the state the fifth member of the 100% clean energy list in the US. On May 7, Washington became the latest state to join the clean energy race, when Gov. Jay Inslee signed a law requiring that 100 percent of the state’s electricity […] Read more
World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […] Read more
