Siemens Announces 800 MW Inverter Manufacturing Capacity In US Updated On Wed, Aug 16th, 2023 by Saurenergy German Power major Siemens has joined the rush of firms seeking to benefit from the $360 billion plus subsidies on offer under the Inflation Reduction Act in the US. Announcing plans to begin manufacturing solar string inverters in Kenosha, Wisconsin, Siemens will make Blueplanet inverters at the new site, which it acquired from KACO in […] Read more
KPI Green Energy Inks Agreement for Renewable Energy with MAHAPREIT Updated On Wed, Aug 16th, 2023 by Saurenergy KPI Green Energy Ltd, the solar vertical of KP Group and a firm that produces renewable energy, has entered into a memorandum of understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). MAHAPREIT is a subsidiary of Maharashtra’s MPBCDC (Mahatma Phule Backward Class Development Corporation). KPI Green Energy will work on several […] Read more
IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24 Updated On Wed, Aug 16th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […] Read more
Quench EV Chargers Launches Movable DC Fast Charger Updated On Wed, Aug 16th, 2023 by Saurenergy Quench EV Chargers, a firm that provides battery charging solutions, has presented its latest innovation, the Quench Mini – a movable 30KW DC Fast Charger specifically designed for the most extreme conditions on the planet. Onkar Garudkar, Head of Marketing for Quench, said, “The new Quench Mini is designed to be reliable and outrageously easy […] Read more
Solar Aided In Electrification of 4.1 L Households Under ‘Saubhagya’: Govt Updated On Mon, Aug 14th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his recent reply before the Lok Sabha, said that around 1.64 percent (4.1 lakh) of the rural and urban household-level electrification works undertaken under the Saubhagya scheme was done with the help of solar energy. “As reported by the States/UTs, a total of 2.86 crore […] Read more
Maharashtra Plans To Use Solar For 50% of Its Agri Power Demand Updated On Mon, Aug 14th, 2023 by Saurenergy The Maharashtra government is now planning to use solar energy to cater to 50 percent of the power demand of its agricultural sector in the state. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), in its latest petition before the Maharashtra Electricity Regulatory Commission (MERC), disclosed this plan. MSEDCL has planned to procure 7,000 MW of solar […] Read more
CERC Grants Extra Time For Power Exchanges For Settlements Updated On Mon, Aug 14th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, extended the time period to one year for the power exchanges to carry out the Clearing and Settlement as per the Payment and Settlement Systems Act (PSSA), 2007. As per CERC (Power Market) Regulations 2021, these power exchanges that were granted registration by the Commission before […] Read more
Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030 Updated On Mon, Aug 14th, 2023 by Saurenergy The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […] Read more
SECI Issues RFS for 1300 MW Wind Power Projects Updated On Mon, Aug 14th, 2023 by Saurenergy SECI has issued an RfS for 1300 MW ISTS-connected Wind Power Projects (SECI-Tranche-XV). The tender has been issued under the standard bidding guidelines. The total capacity of 1300 MW will be awarded for injection at ISTS substations in the 3 (three) states, viz., Tamil Nadu, Telangana and Madhya Pradesh. The maximum capacities to be awarded […] Read more
