As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges Updated On Fri, Aug 18th, 2023 by Saurenergy China continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […] Read more
Adani Green Meets Manufacturing Commitment, SECI Certifies Plant Updated On Fri, Aug 18th, 2023 by Saurenergy Adani Green Energy Ltd has informed the stock exchanges that its associate company, Mundra Solar Energy Ltd., has received approval for its solar photovoltaic plant from the Solar Energy Corp. of India. The renewables arm of the Adani Group received the commercial operational date certificate from SECI for solar PV cells and solar PV modules […] Read more
Adani’s 5.2 MW Onshore Wind Turbine A Step Closer To Launch Updated On Wed, Aug 9th, 2023 by Saurenergy The Adani group’s much anticipated 5.2 MW wind turbine being built at Mundhra, Gujarat, is close to a formal unveiling. Touted as the country’s largest wind turbine and one of the largest on-shore machines in the world when ready, the machine is being built with technology from W2E Wind to Energy GmbH of Germany. Till […] Read more
Better Solar Technology Covers Up For Wind Issues In Hybrid Projects For Adani Green Updated On Wed, Aug 9th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), in its latest financial results for Q1 of FY24, reported a decline in Capacity Utilisation Factor (CUF) for its wind portfolio. It attributed its lower CUF to the Biporjoy cyclone in Gujarat and lower wind speeds in the state. However, the latest investors call of the company to discuss the […] Read more
Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24 Updated On Mon, Jul 31st, 2023 by Saurenergy 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 […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Adani Green Wins Battle At TNERC With Tangedco On Tariff Applicability Updated On Mon, Jul 24th, 2023 by Saurenergy In an order dated July 20, the Tamil Nadu Electricity Regulatory Commission (TNERC) has ruled in favour of Kamuthi Renewable Energy Ltd., a subsidiary of Adani Green Energy Limited in a case involving a dispute with TANGEDCO on the applicable tariff for a 75 MW project at Kamuthi. Tangedco, in an order September 2016, had […] Read more
Adani Green’s RE Capacities Grew 43% in Q1 on YoY Updated On Fri, Jul 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […] Read more
