China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
MERC Orders Compliance of Green Energy Open Access Rules Updated On Tue, Aug 1st, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, has directed government officials and concerned authorities to roll out the provisions of the Union government’s Green Energy Open Access Rules 2022. It comes under the absence of a state rule in this regard in the state. The order of the Commission came to force when […] Read more
CEA Amends Norms To Offer RTM For Cross-Border Power Trading Updated On Tue, Aug 1st, 2023 by Saurenergy The Central Electricity Authority (CEA), in its recent order, has amended the procedures for approval and facilitation of the import and export of electricity with neighbouring countries. The order said that the move was taken to accommodate the participation of the Real-Time Market (RTM) segment in addition to the existing Day-Ahead Market (DAM) for electricity […] Read more
India Hints At Developing Lithium From Lab To Reality Updated On Tue, Aug 1st, 2023 by Saurenergy Union Minister of Mines and Coal Pralhad Joshi, in his recent reply made before the Lok Sabha, said that India has already made successful attempts to extract Lithium from the mineral concentrate on a laboratory scale. He also said that the country was able to develop technologies to utilize the Lithium sources present in the […] Read more
EV Financing: Shell Foundation Backs Mufin Green Finance with INR 80 Million Updated On Tue, Aug 1st, 2023 by Saurenergy Mufin Green Finance, an electric vehicle (EV) financing company, secured funding of INR 80,000,000 from the UK-registered charity, Shell Foundation. The collaboration aims to establish a joint de-risking pool valued at $2 million, known as First Loan Default Guarantee (FLDG), to catalyze commercial debt. This strategic move is expected to enable Mufin Green Finance to […] Read more
SaurEnergy Explains IRA: The Act That Kickstarted a Solar Manufacturing Rush in the US Updated On Tue, Aug 1st, 2023 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. The most interesting aspect of the bill was its focus on clean energy incentives. The bill was also hailed as a crucial piece of climate legislation […] Read more
Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24 Updated On Mon, Jul 31st, 2023 by Saurenergy Read more
Tata Power Launches RFID Enabled ‘EZ CHARGE’ Card for EV Charging Updated On Mon, Jul 31st, 2023 by Saurenergy EV charging solutions provider, Tata Power, has unveiled the EZ CHARGE card today, an advanced RFID (Radio-frequency identification) card for EV charging. The EZ CHARGE card was launched at the Bombay House by Dr. Praveer Sinha, CEO & MD, Tata Power, and Shailesh Chandra, MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. […] Read more
Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24 Updated On Mon, Jul 31st, 2023 by Saurenergy Adani Green Energy Limited, the green energy developer arm of the Adani Group, has reported it’s results for the June quarter (Q1) of Fy-23-24. Revenue from Power Supply up by 55% YoY to Rs. 2,059 Cr in Q1 Fy24, versus Rs 1328 crores in Q1 Fy23. Operational Capacity increases by 43% YoY to 8,316 MW […] Read more