Renewables Contribute Only 4% To NTPC’s Turnover in FY24 Updated On Mon, Sep 2nd, 2024 by Saurenergy According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […] Read more
5 Indian Solar Firms With Plans To ‘Make In USA’ Updated On Mon, Sep 2nd, 2024 by Saurenergy Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […] Read more
SECI Appoints Sivakumar V Vepakomma Its Director (Power System) Updated On Fri, Aug 30th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) today announced the appointment of Sivakumar V Vepakomma as its new Director for Power System. Prior to this, Sivakumar served at NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Ltd as Chief General Manager. There he was responsible for engineering, contracts, commercial and business development functions. […] Read more
MNRE Forms Panel To Frame Norms For Solar Cold Storages Updated On Fri, Aug 30th, 2024 by Saurenergy To boost the growth of solar-powered cold storages in the country, the Ministry of New and Renewable Energy (MNRE) has issued a notification announcing the formation of a special panel. The ministry stated that this new Technical Committee will help review the draft specifications for solar cold storages. “A Technical Committee has been constituted under […] Read more
PGCIL Gets 20 GW Bhadla-III Transmission Project From RECPDCL Updated On Fri, Aug 30th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) recently acquired Bhadla-III Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV) established to develop an additional transmission system to evacuate power from Bhadla-III PS. This project is part of the Rajasthan REZ Phase-III Scheme (20 GW) on a build, own, operate, and transfer (BOOT) basis, managed by […] Read more
The Key To the Next Phase of RE Growth: Evolution of Large-Scale Batteries Updated On Fri, Aug 30th, 2024 by Saurenergy The renewable energy industry has been on a transformative journey over the past few decades. At the heart of this revolution lies large-scale battery storage which is considered to be one of the most critical technological advancements. These batteries have evolved from small, short-duration systems to massive, long-duration powerhouses that are now integral to the […] Read more
IREDA Expands Horizon Woth International Credit Rating from S&P Updated On Fri, Aug 30th, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has secured its international credit rating from S&P Global Ratings Limited. The Indian lender has been assigned ‘BBB-‘ long-term and ‘A-3’ short-term issuer credit ratings to IREDA, with Outlook ‘Stable’. This rating will enable IREDA to expand its reach in the international market, tapping into attractive sources of […] Read more
Senvion Secures 86.4 MW Order From Continuum Green Energy Updated On Thu, Aug 29th, 2024 by Saurenergy Wind turbine manufacturer Senvion India announced a new order of 86.4 MW from Continuum Green Energy in Gujarat. With this order, Senvion will be delivering a total of 270 MW across five projects to Continuum. Senvion India was acquired by Saudi Arabia based Alfanar in 2021 from its German parent, Senvion Gmbh. At the time […] Read more
Indian RE Sector Faces A Leadership Crisis Updated On Thu, Aug 29th, 2024 by Saurenergy WalkWater Talent Advisors, an Indian executive search firm, has unveiled a study highlighting a significant leadership talent crisis within India’s rapidly growing renewable energy sector. India’s ambitious goal of increasing non-fossil energy production capacity to 500 GW by 2030, as part of the Panchamrit plan, and achieving net-zero emissions by 2070, faces a significant challenge: […] Read more
