India Reduces AT&C Losses From 22.62% To 15.40% In 10 Years: Minister Updated On Tue, Jul 30th, 2024 by Saurenergy India’s renewable energy installed capacity has recently surged to 4,46,190 MW in June 2024, up from 2,48,554 MW in March 2014, according to data shared by Minister of State for Power, Shripad Naik. In a written reply to the Parliament, the Minister noted: “India’s total installed capacity has increased from 2,48,554 MW in March 2014 […] Read more
Carbon Credit Market to Soar: From $267.8 Billion to $1.2 Trillion by 2029 Updated On Tue, Jul 30th, 2024 by Saurenergy Despite the scandal involving Shell and 5.7 million tons of fraudulent carbon credits earlier this year, efforts from the carbon credit industry continue to show results, with the latest BCC research study showing an expected growth from $267.8 billion in 2023 to $1.2 trillion by 2029 at a compound annual growth rate (CAGR) of 28.4%. […] Read more
Corporate India Lagging Behind In RE Adoption: Report Updated On Tue, Jul 30th, 2024 by Saurenergy India’s leading companies are dragging their feet when it comes to meeting the country’s ambitious renewable energy and decarbonisation goals, according to analysis by think tank Climate Risk Horizons (CRH). The industrial sector accounts for more than half of India’s energy consumption, making corporate action essential to the government’s decarbonisation efforts. In a report titled […] Read more
News In Brief July 30: Vestas Offshore Wind Farm, IFC Lent $1Bn, Siemens’ Hydrogen Project Updated On Tue, Jul 30th, 2024 by Saurenergy Vestas Secures 795 MW Offshore Wind Farm Vestas has received a wind turbine order for the OranjeWind offshore wind farm, formerly known as Hollandse Kust West VII, in the Netherlands. Vestas is responsible for the supply of 53 V236-15.0 MW wind turbines and for the supply, delivery, and commissioning of the turbines. Upon completion, Vestas […] Read more
India To See 9.17% Growth In EV Sector Workforce: TeamLease Updated On Tue, Jul 30th, 2024 by Saurenergy TeamLease’s recent survey points towards a transition in the employment structure within the power and energy sector, particularly in the electric vehicle (EV) segment from April-September 2024-2025. TeamLease presented its ‘Employment Outlook Report’ for the first half of the fiscal year 2024-25 where it analyzed data from a wide-ranging survey of 1,417 employers across 23 […] Read more
UPERC Proposes To Change Eligibility Criteria For Open Access Updated On Tue, Jul 30th, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has now come up with a new draft regulation to bring amendments to its Open Access Rules of 2019. It has asked the stakeholders to submit their responses to the draft regulations by August 29, 2024. The state power regulator, in its latest draft regulation has proposed to […] Read more
Oman Attracts 10 GW Module/Cell Facility From Q-Sun Updated On Tue, Jul 30th, 2024 by Saurenergy Countries in West Asia continue to focus on solar capacity as well as manufacturing with some success. The latest to join the manufacturing bandwagon in the sun drenched region is Oman, where Chinese solar manufacturer Q-Sun Solar has signed a deal to develop a 10GW n-type solar module and cell manufacturing facility. According to Q-Sun, […] Read more
Oriana Power Receives 10 MW Solar Project From Tamil Nadu Updated On Mon, Jul 29th, 2024 by Saurenergy Delhi-based Oriana Power has secured a 10 MW solar project in Tamil Nadu. The company plans to execute the project during the financial year 2024-25. The company’s project order size is Rs. 37.18 crore. Earlier this week, Oriana Power secured a new solar plant project of 40 MWp capacity. This project will be implemented by […] Read more
Green Stocks July 29: Suzlon Energy Stock Moves Up, Gains 4.99% Updated On Mon, Jul 29th, 2024 by Saurenergy In the stock market today, Suzlon Energy stocks took the lead as it gained 4.99% to move to the top of the list. This is followed by Gujrat-based Gensol Engineering whose stock price gained 3.98% growth. Other stocks that made progress in the stock prices are, Adani Green, Inox Wind Energy, and SJVN Ltd those […] Read more
