Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Servotech Ropes In Deepak Kumar For EV Charger Vertical Updated On Thu, Mar 31st, 2022 by Saurenergy Servotech Power Systems Limited, a manufacturer and distributor of high-end solar products, LEDs, Oxygen Concentrators and EV Charging equipment, has announced the appointment of Deepak Kumar as its Vice President of EV charger vertical. In this role at Servotech, Deepak Kumar will strengthen the leadership team by leading the End to End Supply Chain & […] Read more
Jinko Solar Lays Claim As First To Deliver 100GW Solar Panels Updated On Thu, Mar 31st, 2022 by Saurenergy One of the world’s leading solar module manufacturers, Jinko Solar has announced that it has delivered 100GW of solar modules globally thereby becoming the first company in history to achieve this milestone. It claims that one out of every ten solar modules installed in the world is produced by Jinko Solar. The official statement reads […] Read more
Australia’s Woodside Petroleum to Fund Heliogen’s CSP Technology Updated On Wed, Mar 30th, 2022 by Saurenergy Heliogen, a provider of AI-enabled concentrated solar energy, and Woodside Energy, a wholly-owned subsidiary of Australian energy producer Woodside Petroleum Ltd, have announced a project agreement for the commercial-scale demonstration deployment of Heliogen’s AI-enabled concentrated solar energy technology proposed to be built in Mojave, California. The project agreement follows the previous announcement by Woodside to […] Read more
SECI Floats tender for 44 MW solar projects in Telangana Updated On Wed, Mar 30th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has issued an EPC tender to invite bids for the development of 44 MW of solar projects, along with 10 years of O&M at Singareni Collieries Company Limited (SCCL), Telangana. FULL SCOPE OF THE PROJECT: Tender for Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 44 MW (AC) […] Read more
Global wind & solar power growth on track to meet climate targets: report Updated On Wed, Mar 30th, 2022 by Saurenergy Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think tank Ember said in a report on Wednesday. Solar generation rose 23% globally in 2021, while wind supply gained 14% over the same period. Together, […] Read more
Milky Mist Dairy commissions 7 MW solar power plant in Tamil Nadu Updated On Wed, Mar 30th, 2022 by Saurenergy Tamil Nadu-based dairy products manufacturer Milky Mist Dairy has commissioned a 7 MW solar power plant at Kavilipalayam village in the city of Erode on March 21, seeking to itself as the forerunner in environmental sustainability. Milky Mist, with an annual turnover of Rs 1,100 crore, has embarked on switching over to renewable green energy […] Read more
Top Weekly Stories on Renewable Energy From 23 to 29 March 2022 Updated On Tue, Mar 29th, 2022 by Saurenergy Read more