Author: Saur News Bureau

China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities

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 […]

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MERC Orders Compliance of Green Energy Open Access Rules

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 […]

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CEA Amends Norms To Offer RTM For Cross-Border Power Trading

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 […]

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India Hints At Developing Lithium From Lab To Reality

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 […]

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EV Financing: Shell Foundation Backs Mufin Green Finance with INR 80 Million

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 […]

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Tata Power Launches RFID Enabled ‘EZ CHARGE’ Card for EV Charging

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. […]

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Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24

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 […]

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