Azure Power Announces 29% Gain in Revenue For FY 2018-19 Updated On Wed, Jun 12th, 2019 by Saurenergy Total revenue for Azure Power during the year was Rs 992.6 crore, up by 29% from Rs 770 crore during last year. Azure Power, a leading independent solar power producer in India, has announced its consolidated results and revenue for the fiscal fourth quarter and year ended March 31, 2019. The company generated a revenue […] Read more
Wind Energy Expansion in Vietnam, 1 GW Expected to be Installed by 2021 Updated On Wed, Jun 12th, 2019 by Saurenergy Vietnam has one of the highest potentials in the region for both onshore and offshore wind energy, with 1GW expected to be installed by 2021 The Global Wind Energy Council (GWEC) is hosting its annual Vietnam Wind Power Conference, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for […] Read more
In New Innings, MNRE Minister Alive To Payments Issue For RE Producers Updated On Wed, Jun 12th, 2019 by Saurenergy The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector. A pricing squeeze of the sort the […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
The Emerging Giants of the Oceans. Wind Energy Turbines Updated On Tue, Jun 11th, 2019 by Saurenergy Solar might have grabbed most of the headlines, but wind energy has had its own march to relevance in the past couple of decades. In fact, on a like to like basis, wind energy has probably made bigger efficiency gains than solar power, where the biggest gains have been in price drops. And when we […] Read more
SNEC Shanghai 2019. India is falling ‘Behind’ Updated On Mon, Jun 10th, 2019 by Saurenergy At the SNEC Shanghai Show, held in shanghai from June 4-6, and among the largest expos for the solar industry in the world, after three days of meetings with visitors and exhibitors from China and other countries, for their view of the Indian market, we saw an almost uniform perspective on the Indian market this […] Read more
Power Minister R K Singh Confident To Achieve RE Capacity of 175 GW Updated On Mon, Jun 10th, 2019 by Saurenergy Energy Minister Raj Kumar Singh said 80GW of renewable energy has been established while another 24GW is under installation Power and New and Renewable Energy Minister Raj Kumar Singh exudes confidence that the renewable energy target of 175 gigawatt (GW) by 2022 would be achieved. Singh, who took the charge of the ministries in the […] Read more
Political Risk Spikes In Andhra As Jagan Government Questions PPA’s Updated On Mon, Jun 10th, 2019 by Saurenergy The central government has been forced to move and publicly ‘advise’ the newly elected government in Andhra Pradesh, where the new Chief Minister, YS Jagan Mohan Reddy has voiced doubts on the PPA’s signed by his predecessor government of Chandrababu Naidu. The central missive follows the state government’s first moves, which included an order to […] Read more
EESL Issues Tender for LED Street Lights in Gram Panchayats of Jharkhand Updated On Fri, Jun 7th, 2019 by Saurenergy The scope of tender includes designing, manufacturing, testing, supplying and five years on-site warranty of 24W LED Street Lights and other related works for all Gram Panchayats in Jharkhand. The Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, GoI, has issued a tender inviting bid for 24W […] Read more
