Sterlite Power Demerges Transmission & Products Business Updated On Fri, Nov 3rd, 2023 by Saurenergy Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […] Read more
IRA Can Lead To Creation of 4L Jobs In US, Says Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […] Read more
NTPC REL Issues Tender for Substation Pkg for 630 MW Solar Park Updated On Fri, Nov 3rd, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has issued a tender inviting online bids from eligible bidders on single stage two envelope (envelope-I: techno-commercial bid and envelope-II: price bid) basis for substation package under development of 630 MW Barethi Solar Park. Brief Scope of Work 1. Design, engineering, supply, erection, testing and commissioning of- a. 400 […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
Heating Device That Uses Renewable Energy In High Altitude Areas Updated On Fri, Nov 3rd, 2023 by Saurenergy Hyderabad based WindStream Technologies, which offers hybrid solar and wind patented products, has joined hands with the Centre for Energy Research (CER) towards the establishment of a collaborative framework for the development, production, and promotion of a modular room heating device, Sustainable Excess Energy Generator (SEEGeN). Designed with Super Metals, the product has applicability in […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
Trina Solar Leads Industry With Shipments of 210mm Modules Updated On Thu, Nov 2nd, 2023 by Saurenergy Trina Solar has reported revenue of $11.58 billion (RMB 81.12 billion) in the first three quarters of 2023, 31.22 percent more than in the corresponding period last year. The company’s report, made public on October 27, also showed that Trina Solar, continues to lead the industry with 45-46 GW modules shipments, ranking second globally, and […] Read more
CEA To Verify Captive Status Of Power Plants Every Year: Draft Rules Updated On Thu, Nov 2nd, 2023 by Saurenergy The Central Electricity Authority (CEA) released a draft guidelines on the issue of verification of the captive status of power generation plants. It has now asked the stakeholders and other people concerned to send in their comments on the issue by December 1, 2013. These norms will be applicable for the generating plants where the […] Read more
Radiance Renewables Secures Green Loan Facility for 150 MW Solar Project Updated On Thu, Nov 2nd, 2023 by Saurenergy EverSource Capital-backed Radiance Renewables Pvt. Ltd. has become the first commercial & industrial (C&I) renewable energy player in India to secure a green loan project finance facility for its 150 MW (AC) greenfield C&I solar power project located in Maharashtra. The facility will provide the necessary financing for the 150 MW (AC) solar project located […] Read more
